Vietnam Daily Market Recap July 3

Stocks drop, led by chemicals

The VN-Index opened higher on Thursday and traded in positive territory for most of the session before falling late to close down 0.2% at 1,381.9. Market liquidity increased, with total trading value rising 31.5% DoD to VND32.7tn (USD1.25bn). Meanwhile, the HNX Index presented a similar pattern to close at 230 (-0.3% DoD).

Sectors were mixed today, with Industrial Goods & Services (+1.2%), Automobiles & Parts (+1.0%), Retail (+0.7%) leading gainers. In contrast, sectors such as Chemicals (-2.7%), Personal & Household Goods (-1.3%) and Travel & Leisure (-0.9%) declined.

VJC (-1.3%) has signed a series of large-scale agreements with major US aerospace groups such as Boeing, General Electric (GE), Pratt & Whitney, RTX, Honeywell, and SpaceX, with total value reaching tens of billions of USD. These partnerships play a significant role in boosting bilateral trade and deepening the strategic economic relationship between Vietnam and the United States. In a recent report to the Ministry of Industry and Trade, Vietjet confirmed it has ordered 406 narrow-body aircraft from Boeing and Airbus — a long-term commitment that not only supports Vietnam’s aviation industry but also helps generate hundreds of thousands of jobs for American workers.

Top performers today included CTG (+1.4%), GEX (+4.6%) and HPG (+0.9%), while top laggards included GVR (-5.3%), VIC (-0.9%) and BCM (-2.6%).

Foreign investors net bought today with a total net buying value of VND2.4tn (USD92.11mn), with buying momentum focused on SSI (VND432.3bn, USD16.52mn), MWG (VND294.2bn, USD11.25mn) and CTG (VND146.9bn, USD5.61mn). On the other hand, foreign investors mainly sold DHC (VND32.9bn, USD1.26mn), HDC (VND28.6bn, USD1.09mn) and GVR (VND28.5bn, USD1.09mn).

Read the full report: HERE