VN-Index rises for second consecutive session
Foreign investors remained net buyers to the tone of more than $8.2 million on Ho Chi Minh Stock Exchange on May 18, 2022. Photo by The Investor/Gia Huy.
Vietnam's benchmark VN-Index rose 12 points to close at nearly 1,241 on Wednesday, the second consecutive bullish session, led by small-cap stocks.
The selling force increased after 30 minutes of trading, driving the market into the red. However, rebound was observed at the end of the morning session, with a series of blue chips jumping by more than 17 points. The divergence took place in the afternoon, causing the market to gradually cool down.
The VN30 basket, which tracks the price of leading stocks in terms of market cap and liquidity on the Ho Chi Minh Stock Exchange (HoSE), was split with 10 gaining and 13 losing.
Leading the uptrend were MSN (Masan Group) and STB (SacomBank), hitting the ceiling price with a margin of 6.9%, followed by GAS (PV Gas) and TCB (Techcombank) which rose more than 3%.
In the opposite direction, the red extended its coverage to other blue chips like TPB, SAB, PDR, FPT, and VJC, restraining the index's gain.
VN30-Index closed the session at 1,286.41, up 6.86 points. Liquidity reached VND5,980 billion ($258.5 million), accounting for 43% of HoSE liquidity.
Small and medium stocks extended the positive momentum with VNSmallCap and VNMidcap up 1.32% and 2.03%, respectively.
VN-Index closed Wednesday at 1,240.76, up 12.39 points, with 272 gainers (15 stocks hit the price ceiling) and 177 losers. Meanwhile, HNX-Index fell by 5.6 points (1.78%) to 309.84, and UpCoM-Index dropped by 1.16 points (1.21%) to 94.73.
On the three exchanges, 558 stocks were gainers (29 stocks hit the price ceiling) and 384 losers, with total transaction value plunging $21.6 million to $598.2 million, the second lowest since the beginning of the month.
Despite the split, securities stocks like TVS, VCI, VIX jumped to the price ceiling. The purple coverage also enlarged to real estate stocks like DIG, HDG, DXS, along with other gainers like L14, VCR, LDG, CEO, G36, SCR, and TCH which climbed around 3%.
The green also dominated in banking stocks like VBB, STB, LPB, TCB, BVB, and SGB; in construction stocks including HBC, CTD, HTN, and DPG; and in other sectors like seafood, steel, and coal.
Foreign investors remained net buyers to the tone of more than $8.2 million on the HoSE, focusing on HPG (Hoa Phat Group), STB (SacomBank), and VRE (Vincom Retail).
- Related News
- Read More
Vietnam food giant Kido’s stock plunges to 6-year low amid profit warning, market pressure
KDC shares of Kido Group, a leading food company in Vietnam, on Tuesday fell sharply to its lowest level in six years, at around VND41,600 ($1.58) apiece, from roughly VND50,000 earlier this month.
Companies - Wed, April 29, 2026 | 8:17 am GMT+7
Central Vietnam province Gia Lai to have 600MW pumped storage hydropower plant
Gia Lai province is accelerating procedures to begin construction of the 600-megawatt Vinh Thanh pumped storage hydropower project, with a total investment of nearly VND11 trillion ($417.49 million).
Energy - Tue, April 28, 2026 | 10:07 pm GMT+7
Construction major Coteccons's profit doubles on strong revenue growth, backlog hits record high
Coteccons (HoSE: CTD), Vietnam's leading construction firm, reported a sharp rise in profit for the third quarter of its 2025-2026 fiscal year, driven by strong construction revenue, even as borrowing costs and operating expenses climbed.
Companies - Tue, April 28, 2026 | 7:03 pm GMT+7
Vietnam aims to become one of world’s top 30 economies by 2030
The National Assembly, Vietnam's legislature, has approved the socio-economic development plan for the 2026-2030 period, targeting an average GDP growth rate of at least 10% per year and per capita income reaching around $8,500 by 2030.
Economy - Tue, April 28, 2026 | 6:41 pm GMT+7
Eximbank posts Q1 profit of $13 mln, down 60% year-on-year
Vietnamese private lender Eximbank reported Q1 pre-tax profit of VND338 billion ($12.83 million), down 60% from a year earlier.
Banking - Tue, April 28, 2026 | 3:19 pm GMT+7
GE Vernova says in talks with customers amid LNG-to-renewables shift considerations
U.S. energy giant GE Vernova has been in discussion with customers following reports that at least one partner in Vietnam is reassessing plans to shift from LNG-fired power to renewable energy.
Energy - Tue, April 28, 2026 | 2:17 pm GMT+7
Vinhomes unveils mega urban area project near northern Vietnam’s world heritage bay
Vinhomes, the real estate arm of Vietnam’s conglomerate Vingroup, has debuted its 6,200-hectare urban area project located by the side of the UNESCO-recognized world natural heritage site of Ha Long Bay in Quang Ninh province.
Infrastructure - Tue, April 28, 2026 | 11:47 am GMT+7
Central Vietnam hub Danang deepens cooperation with Maersk on Lien Chieu port, logistics
Danang is stepping up cooperation with A.P. Moller-Maersk to accelerate the development of its Lien Chieu port and expand logistics capabilities, as the central Vietnam city seeks to strengthen its role in regional supply chains.
Infrastructure - Tue, April 28, 2026 | 8:00 am GMT+7
Sun Group starts work on Phan Thiet airport project in central Vietnam
Vietnamese private conglomerate Sun Group on Monday broke ground on the civil aviation component of Phan Thiet Airport in Lam Dong, marking an infrastructure boost for the central province.
Infrastructure - Mon, April 27, 2026 | 11:53 pm GMT+7
HCMC okays projects totalling $1.23 bln at flagship hi-tech park
Ho Chi Minh City authorities have granted investment registration certificates for four high-tech projects worth a combined $1.23 billion at the city's flagship innovation hub, reinforcing its position as a leading destination for digital and green economy investments.
Industries - Mon, April 27, 2026 | 5:47 pm GMT+7
Amkor eyes further expansion in Bac Ninh province as Vietnam's semiconductor push gathers pace
Amkor Technology is looking to further invest in its major production base in Vietnam's northern province of Bac Ninh, underscoring growing confidence in the country’s role in the semiconductor supply chain.
Industries - Mon, April 27, 2026 | 5:40 pm GMT+7
Vietnam banks chase record profits despite tighter credit caps squeezing growth
Vietnam’s 2026 annual general meeting (AGM) season for banks is closing with a clear paradox: lenders are targeting record profits worth tens of trillions of dong (VND10 trillion = $379.38 million), while the key growth driver – credit expansion – is being tightened.
Banking - Mon, April 27, 2026 | 1:23 pm GMT+7
Goertek Vina injects extra $20 mln into northern Vietnam plant
Goertek Technology Vina Company Limited, a subsidiary of Chinese electronics giant Goertek, plans to pour an additional over VND527 billion ($20 million) into its project in Vietnam's northern province of Bac Ninh.
Industries - Mon, April 27, 2026 | 1:04 pm GMT+7
SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam
South Korea’s SK Group is stepping up its presence in Vietnam with plans to develop an AI data center linked to the Quynh Lap LNG-to-power project in Nghe An province, as it pushes its “AI full-stack” strategy overseas.
Industries - Mon, April 27, 2026 | 9:45 am GMT+7
State divestment from Viglacera to be delayed
The Ministry of Construction will postpone plans to divest state capital from Viglacera (HoSE: VGC) - Vietnam's leading construction material producer and industrial real estate developer, citing valuation challenges and the need to safeguard state assets, a senior official said.
Companies - Mon, April 27, 2026 | 8:05 am GMT+7
Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year
First-quarter 2026 earnings at many Vietnamese companies rose sharply despite market volatility, with some firms reporting profits dozens of times higher than a year earlier.
Companies - Mon, April 27, 2026 | 8:00 am GMT+7
