Business

Shares upbeat after holiday weekend

Shares advanced during the first session on May 3 after the National Reunification and International Labour holidays as investors remained positive about the market outlook.
Shares upbeat after holiday weekend ảnh 1Illustrative Image (Source: Internet)
Hanoi (VNA) - Shares advanced during the first session on May 3 after theNational Reunification and International Labour holidays as investors remainedpositive about the market outlook.

Thebenchmark VN-Index on the HCM Stock Exchange edged up 0.25 percent to close at719.54, the highest level since April 14. The southern market index hasexpanded 1.7 percent in the last four sessions.

Onthe Hanoi Stock Exchange, the HNX-Index increased 0.32 percent to end at 89.82points, lifting the growth of the last four sessions to over 2.2 percent.

Financialstocks like banks, insurers and securities companies were among the majormovers. They included Bao Viet Holdings (BVH), Vietinbank (CTG), Military Bank(MBB), Vietcombank (VCB), Sacombank (STB), Saigon Securities Inc (SSI) and HCMSecurities Corp (HCM).

Thesecurities sector recorded average growth of 1.64 percent, followed by thebanking group with a rise of 1.3 percent and the insurance sector up 0.73 percent,vietstock.vn revealed.

Large-capstocks saw big divergence with 16 of the largest 30 shares by market value andliquidity on the HCM City’s bourse rising while 11 declined.

RefrigerationElectrical Engineering Corp (REE) was the biggest gainer with a maximum dailyrise of nearly 7 percent, settling at 29,750 VND (1.31 USD) a share.

Onthe other side, oil and gas stocks slumped along with global oil.

Majorlisted energy shares such as PV Gas (GAS), PetroVietnam Drillings and WellService (PVD), PetroVietnam Drilling Mud (PVC) and PetroVietnam TechnicalService (PVS) declined, with PVD dropping to the floor price of 16,500 VND ashare.

However,analysts from BIDV Securities Joint Stock Company warned of a possible downwardmovement with the VN-Index approaching the resistance level of 720 points givenlarge divergence of major large caps.

Liquidityincreased with total trading volume reaching 278.5 million shares worth acombined 5.2 trillion VND (229.1 million USD) in the two markets, up 29.3 percentin volume and 23.8 percent in value compared to daily average figures of lastweek.

Foreigninvestors were net sellers in HCM City’s market on May 3 for a net value of 263billion VND while they picked up shares worth a net value of 1.4 billion VND onthe Hanoi bourse.-VNA
VNA
#National Reunification #International Labour holidays #share #market outlook #VN-Index #HCM Stock Exchange #Military Bank #Vietcombank #Sacombank #Saigon Securities Inc
Follow VietnamPlus

Related News

VN-Index down, Petrolimex debuts

VN-Index down, Petrolimex debuts

Vietnam’s benchmark VN-Index closed down on April 21, erasing its early gain as large-cap shares were sent lower by strong investor selling.
Caution pulls down blue chips

Caution pulls down blue chips

Shares dropped further in the two local exchanges on April 24 as investors remained cautious about market conditions, pulling blue chips down.
Stocks recover on global moves

Stocks recover on global moves

Shares recovered on the two local markets on April 26 after gloomy trading sessions as investor confidence was picked up by positive moves in global markets.
Shares up before holiday break

Shares up before holiday break

Shares advanced for a second session in the two local markets on April 28, the final day before the four-day national holiday.
Stocks poised to rise further this week

Stocks poised to rise further this week

Vietnamese stock indices may rise further and test their resistance levels this week on higher invstors confidence, bolstered by positive developments in global political conditions and good earnings reports.

See more

Illustrative image (Photo: VNA)

German media group releases Vietnam outlook report 2026

The Germany-based international media group specialising in economic, financial and political coverage of emerging markets IntelliNews on January 11 published its annual Vietnam Outlook report 2026, highlighting prospects for economic growth and what problems lie in store.

PM Pham Minh Chinh speaks at the meeting (Photo: VNA)

PM pushes five strategic breakthroughs to fuel digital economy

Addressing the first meeting of the National Steering Committee on Data linked virtually with all 34 cities and provinces nationwide, PM Pham Minh Chinh, who is also head of the committee, stressed that the Party’s policies and guidelines and the State’s laws have long articulated a strategic vision for data development. He cited Resolution No. 57-NQ/TW and the recently enacted Law on Data, both of which designate data as a “new means of production” and a strategic resource that must be transformed into high-value assets.

A customer conducts transactions at the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). (Photo: VNA)

Central bank aims for 15% credit growth in 2026

In 2026, monetary policy will continue to be implemented in a proactive, flexible, timely and effective manner to help stabilise the macroeconomy, keep inflation under control, support economic growth and advance the restructuring of banks under compulsory transfer.

Vietnam is emerging as a preferred destination for many foreign enterprises (Photo: hanoimoi.vn)

Vietnam emerges as bright spot of growth, trusted and responsible partner

Despite a volatile global environment, Vietnam recorded solid gains in 2025. With flexible and proactive policies under the leadership of the Communist Party of Vietnam and the Government, all 15 key socio-economic targets were met or exceeded, while GDP expanded by about 8.02%, surpassing expectations.

An image of a Vietnamese game. CIS region has potential for gaming developers from Viet Nam. (Photo: Courtesy of cellphones.com.vn_

CIS: Opportunity for game developers in Vietnam

The CIS region, which includes Eastern Europe and Central Asia, has potential for gaming developers from Vietnam as this market displays user behaviour patterns that are highly favourable for mobile gaming growth, particularly around major holiday periods.

Banks, including MB Bank, have issued alerts about scams conducted via social media platforms such as Zalo and Facebook, where criminals impersonate acquaintances. (Photo: The Courtesy of MBBank)

Financial scams surge ahead of Tet

As the Lunar New Year (Tet) approaches, financial and banking scams in Vietnam are showing a sharp upward trend, prompting banks and law enforcement agencies to issue repeated warnings.

Hai Phong targets 4.3 billion USD in FDI in 2026 (Photo: VNA)

Hai Phong city targets 4.3 billion USD in FDI in 2026

Hai Phong’s investment appeal is underpinned by a rapidly expanding development space, including the Southern Coastal Economic Zone covering more than 20,000 hectares, a planned free trade zone, deep-water ports at Lach Huyen, and 12 industrial parks newly established in 2025.

The relocation of check-in counters aims to better meet the travel needs of residents and visitors. (Photo: VNA)

Vietjet shifts domestic check-in at Tan Son Nhat from January 13

During the recent New Year 2026 holiday peak, Vietjet added 380 flights, equivalent to nearly 78,000 additional seats, on many key domestic routes linking Hanoi and Ho Chi Minh City with destinations such as Vinh, Thanh Hoa, Hai Phong, Da Nang, Phu Quoc, Nha Trang and Da Lat.

Commercial banks are providing approximately 88% of total green credit outstanding in Vietnam. (Photo: nhandan.vn)

Capital sources expanded for sustainable growth

According to the State Bank of Vietnam (SBV), by the end of November 2025, outstanding green credit was estimated at around 750 trillion VND (28.55 billion USD), with an average growth rate exceeding that of overall credit in the economy.

Customers select goods at a supermarket. (Photo: VNA)

Retail market expands sharply, sustainability challenges persist

According to a report on recently released by the Ministry of Industry and Trade’s Agency for Domestic Market Surveillance and Development, the size of the market reached more than 7 quadrillion VND (about 266 billion USD) in 2025, up around 10% compared with 2024.