Vietnam Daily Market Recap August 1 – FRT, VIC, PVD, STB, PLX, VJC, DGW, VHC Earnings

Stocks surge, led by real estate, banks

The VN-Index opened lower on Monday but quickly rebounded and traded in positive territory throughout the rest of the session to close up 2.2% at 1,528.2. Market liquidity slumped, with total trading value declining 16.7% to VND392.6tn (USD15bn). The HNX Index followed a similar pattern, closing up 1.3% to close at 268.3.

Most sectors gained today led by Travel & Leisure (+3.5%), Financial Services (+3.1%), Real Estate (+3.4%) and Banks (2.5%). In contrast, Technology (-0.3%), Automobiles & Parts (-0.1%) and Insurance (-0.1%) declined.

VIC (+6.9%) jumped today as Vingroup’s Board approved the massive Nam Đồ Sơn Port and Logistics Center project in Hai Phong, with a planned total investment of VND373.8tn (USD14.3bn) across nearly 4,395 hectares. The project will be implemented over three phases (2026–2030; 2031–2035; 2036–2040), with the group contributing 15% of the capital, and the remaining 85% raised from external sources, operating under a 70-year concession. This marks Vingroup’s strategic expansion into logistics and port infrastructure in Hai Phong’s southern coastal economic zone, complementing its existing investments in real estate and industrial facilities in the region.

Top leaders today included VIC (+6.9%), VHM (+2.6%) and TCB (+3.7%), while top laggers included PNJ (-4.2%), GEE (-2.0%) and BSR (-1.0%).

Amid a positive rebound in the VN-Index, foreign investors recorded a significant net sale today with a total value of VND10.1tn (USD385.3mn) — marking the largest net outflow on record. However, the vast majority of the selling was concentrated in VIC (VND9.8tn, USD374.4mn), with other top sold stocks being SSI (VND394.4bn, USD15.0mn) and VHM (VND160.9bn, USD6.1mn). On the other hand, buying momentum was concentrated in GEX (VND150.6bn, USD5.7mn), SHS (VND141.4bn, USD5.4mn) and NVL (VND99.3bn, USD3.8mn).

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