Vietnam Daily Market Recap August 6

Stocks surge to new high, led by oil & gas

The VN-Index opened higher on Wednesday and traded in positive territory throughout the session, closing up 1.7% at 1,573.7, a new all-time high, rising 43.8% from its April 9 low. Nevertheless, market liquidity plunged, with total trading value declining 51.5% DoD to VND37.9tn (USD1.5bn). The HNX Index followed the same pattern, increasing 1.0% to close at 268.7.

Most sectors gained, led by Oil & Gas (+4.2%), Telecommunications (+3.7%) and Retail (+3.2%). In contrast, only Technology (-0.7%) and Automobile & Parts (-0.3%) declined.

The surge in Vietnamese equities over the last four months has been fueled, in part, by strong macroeconomic tailwinds, including strong GDP growth and annual inflation under 4%. Despite the impact from higher US tariffs, the NSO reported today that Vietnam’s manufacturing sector continues to grow, with the industrial production index in 7M25 increasing by 8.6% YoY. This positive momentum is further reflected in a 3.9% YoY increase in labor participation within industrial enterprises as of July 1, 2025. Processed industrial goods remain a cornerstone of the nation’s trade, accounting for 88.6% of total export turnover in 7M25.

Top performers today included TCB (+3.2%), VCB (+1.3%) and VHM (+1.6%), while top laggards included VRE (-2.8%), FPT(-0.9%) and HVN (-0.5%).

Foreign investors net bought today with a total value of VND527bn (USD20.3mn). Top net bought stocks were STB (VND250bn, USD9.6mn), MWG (VND167bn, USD6.4mn) and VIX (VND139bn, USD5.3mn). On the other hand, selling pressure was seen in FPT (VND775tn, USD29.8mn), KDH (VND85.9bn, USD3.3mn) and VCI (VND69.3bn, USD2.7mn).

Read the full report: HERE