Vietnam’s stock market started 2025 on a positive note with a modest gain, as the VN-Index approached the 1,270-point threshold. However, liquidity continued to decline, remaining at low levels, while foreign investors resumed net selling, albeit mildly.
Numerous equity investment funds outperformed the stock market's benchmark VN-Index by a significant margin in September, according to a Fiingroup's report on investment fund activities in Vietnam.
The number of newly opened securities accounts in Vietnam saw a substantial increase last month, reversing the previous decline in April, according to the Vietnam Securities Depository and Clearing Corporation.
Foreign investors have net sold Vietnamese stocks on HoSE with a value of 58 trillion VND (over 2.3 billion USD) since the beginning of 2023, indicating a prevailing trend of net selling in the Vietnamese stock market.
Prime Minister Pham Minh Chinh requested action be boosted to upgrade Vietnam’s stock market from the frontier status to the emerging one in 2025, while chairing a conference in Hanoi on February 28.
The market capitalization of Vietnam’s stock market approximated 247 billion USD in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show.
The market capitalisation of Vietnam’s stock market approximated 6 quadrillion VND (246.7 billion USD) in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show.
Foreign investors were net sellers on the Ho Chi Minh Stock Exchange (HoSE) in October to the tune of 1.59 trillion VND (64.4 million USD), according to the major bourse.
The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023, according to Michael Kokalari, chief economist at VinaCapital.
Vietnam’s stock market is witnessing the fastest and strongest recovery since the beginning of this year, as the VN-Index has surpassed the threshold of 1,200 points.
Entering 2023, investors are choosing investment channels that bring in high profitability amid the current financial market where there are many unprecedented risks.
The Ho Chi Minh Stock Exchange (HOSE) recently announced the market share of brokerage transaction value in the third quarter of 2022. And there are big changes among the top 10.