Vietnam Daily Market Recap July 2

Stocks advance, led by financial services

The VN-Index opened higher on Wednesday and traded in positive territory throughout the session, closing up 0.5% at 1,384.6. Market liquidity increased, with total trading value rising 6.8% DoD to VND22.4tn (USD863mn). Meanwhile, the HNX Index posted a strong gain of 1.4% to close at 231.6.

Most sectors increased, with Financial Services (+3.8%), Personal & Household Goods (+1.2%), Chemicals (+0.8%) and Basic Resources (+0.8%) leading gainers. In contrast, sectors such as Travel & Leisure (-0.6%), Technology (-0.4%) and Utilities (-0.3%) declined.

Top performers today included TCB (+1.7%), BCM (+5.7%) and SSI (+4.3%), while top laggards included VCB (-0.3%), BID (-0.6%) and VHM (-0.4%).

TNG (+4.2%) rallied today, with the company’s stock price recovering significantly (+54%) from its April low, following the release of strong preliminary 1H25 business results. The company announced record-breaking revenue estimated at VND4.1tn (USD157mn, +15% YoY), fulfilling 50% of its annual plan. Meanwhile, with export orders filled through 4Q25, TNG is pursuing a major expansion to meet demand, adding 10 new sewing lines and 1,000 workers.

Foreign investors net bought today with a total net buying value of VND890bn (USD34.2mn), with buying momentum focused on GMD (VND166bn, USD6.4mn), GEX (VND148bn, USD5.7mn) and VIX (VND119bn, USD4.6mn). On the other hand, foreign investors mainly sold VHM (VND103bn, USD3.9mn), VCB (VND52.7bn, USD2.0mn) and HSG (VND41.7bn, USD1.6mn).

Read the full report: HERE