Vietnam Daily Market Recap Jan 8, 2026

Stocks edge lower despite strong rally in banks

The VN-Index opened higher on Thursday, peaking at 1,888.08 in the morning session, but fluctuated in the afternoon before closing down 0.3% at 1,855.56. Market liquidity increased, with total trading value climbing 21.9% DoD to VND40.1tn (USD1.5bn). The HNX Index traded in negative territory throughout the session, posting a 0.1% loss to close at 249.1.

BID (+5.1%) surged today, as the bank announced impressive financial results for 2025, with total assets exceeding VND3,250tn (USD125bn), an increase of 20% YoY. The lender reported a consolidated PBT of over VND36tn (USD1.4bn) while maintaining a non-performing loan ratio of 1.2% and achieving credit growth of 15.2% to reach over VND2,300tn (USD88.5bn) in outstanding loans.

Top-performing sectors included Oil and Gas (+2.1%), Banks (+1.8%), Utilities (+1.7%), and Financial Services (+1.2%). In contrast, Real Estate (-2.7%) and Retail (-2.0%) declined.

VCB (+6.8%), BID (+5.1%), and GAS (+3.5%) were leading performers today, while top laggards include VHM (-6.9%), VIC (-1.3%), and VPL (-6.3%).

Foreign investors net sold today with a total value of VND481.9bn (USD18.3mn), focusing on VIC (VND285bn, USD10.8mn), SHB (VND250.8bn, USD9.5mn), and TCX (VND183.4bn, USD6.9mn). Conversely, net buying took place in MCH (VND668.4bn, USD25.4mn), VHM (VND325.1bn, USD12.3mn), and ACB (VND83.6bn, USD3.1mn).

Read the full report: HERE