Vietnam Daily Market Recap August 12 – DDV Update

Stocks jump again to fresh record high, led by banks

The VN-Index opened higher on Tuesday and traded in positive territory throughout the session. It crossed the 1,600-point mark and reached a new all-time high, closing up 0.7% at 1,608.2. Market liquidity decreased, with total trading value dropping 1.4% compared to Monday to VND43.7tn (USD1.67bn). The HNX Index followed a similar pattern, climbing 1.5% to close at 276.4.

HOSE announced rules for developing and managing two new investment indices: the VNMITECH Index and the VN50 GROWTH Index. The launch of these two new indices will diversify the index system, enhance market representation, and meet emerging investment demand in Vietnam’s financial market.

Most sectors gained, led by Oil & Gas (+1.9%), Banks (+0.9%) and Utilities (+0.8%). In contrast, Telecommunications (-0.9%) and Financial Services (-0.4%) declined.

KDH (+6.9%) hit its ceiling price today driven by news that Hung Thinh VinaCapital Equity Investment Fund has registered to purchase 850,000 KDH shares to restructure its investment portfolio. The transactions will be executed via order-matching and/or negotiated methods from August 12, 2025 to September 10, 2025. If the transaction is successful, the fund will raise its ownership in KDH to nearly 1.5 million shares. Hung Thinh VinaCapital Equity Investment Fund is estimated to spend nearly VND25bn (USD950,000) to purchase the registered amount of shares.

Top performers today included BID (+3.2%), LPB (+6.3%) and VCB (+0.8%). Top laggards included VHM (-0.5%), SSI (-2.0%) and GEE (-3.0%).

Foreign investors net sold today with a total value of VND729.3bn (USD27.8mn). Selling pressure was concentrated in FPT (VND171.3bn, USD6.5mn), VHM (VND155.5bn, USD5.9mn) and SSI (VND124.9bn, USD4.8mn). On the other hand, top net buying was seen in VPB (VND103.4bn, USD3.9mn), STB (VND83.5bn, USD3.2mn) and POW (VND53.7bn, USD2.0mn).

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