Vietnam's VN-Index Rises on Brokerage Surge and Strong Foreign Inflows

Vietnam’s benchmark stock index started the week with gains, propelled by a rally in brokerage stocks and a surge in trading liquidity amid improving global investor sentiment as tensions in the Middle East appeared to ease.

Despite intraday volatility, the VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), closed up 7.66 points, or 0.43%, at 1,799.31. Market breadth was positive, with 199 stocks advancing against 94 decliners. Trading value on the southern bourse rose sharply by 55.8% from the previous session to VNĐ25.4 trillion (US$965 million).

The VN30-Index, which tracks the 30 largest stocks by market capitalization on HoSE, performed even more strongly, gaining over 18 points, or 0.93%, to finish at 1,962.48. Within the VN30 basket, 20 stocks advanced, while eight declined and two remained unchanged.

The securities sector was the session's primary driver. Several brokerage firms saw their shares hit the daily trading ceiling, including Techcom Securities (TCX), VPBank Securities (VPX), and Vietinbank Securities (CTS). Shares of Techcom Securities soared by 7%, contributing nearly 1.4 points to the VN-Index's overall gain. Other notable performers in the sector included VIX Securities (VIX), up 3.23%; Saigon-Hanoi Securities (SHS), which gained 3.85%; SSI Securities (SSI), rising 3.44%; VNDirect Securities (VND), climbing 3.51%; Vietcap Securities (VCI), up 3.6%; and VPS Securities (VCK), which jumped 2.84%.

VPBank Securities (VPX) attracted significant attention after hitting its ceiling limit following an update that placed the stock on the list of securities eligible for margin trading. Nearly 1.9 billion VPX shares were officially listed on HoSE from December 2025.

Banking stocks also provided support for the broader market. Techcombank (TCB), MBBank (MBB), Eximbank (EIB), and Maritime Bank (MSB) posted gains ranging from 1.4% to 2.67%. In contrast, the petroleum and gas sector underperformed, with Petrovietnam Refining And Petrochemical Corporation (BSR) falling 5.69%, Petrolimex (PLX) declining 3.87%, and PetroVietnam Technical Services Corporation (PVS) dropping 2.86%. PV Gas (GAS) also closed lower.

On the Hanoi Stock Exchange (HNX), the HNX-Index advanced significantly, gaining over 8.4 points, or 2.78%, to close at 310.91. Foreign investors were a key supportive factor, net buying over VNĐ4 trillion on HoSE and an additional VNĐ28.75 billion on the HNX.