Vietnam Daily Market Recap June 24

Stocks jump, led by real estate

The VN-Index opened higher on Tuesday and traded in positive territory throughout the session, closing up 0.6% at 1,366.7, a three-year high. The VN-Index has jumped 20.7% since April 8, 2025. Market liquidity increased, with total trading value rising 21.1% compared to Monday to VND22.1tn (USD843.9mn). The HNX Index followed a similar pattern, posting a gain of 0.2% to close at 227.8.
Most sectors gained today, led by Insurance (+3.1%), Real Estate (+2.4%) and Financial Services (+2.3%). In contrast, sectors such as Oil & Gas (-5.0%) and Utilities (-1.9%) declined.
Top performers today included VHM (+4.5%) VIC (+3.2%) and HVN (+3.8%). Top laggards included GAS (-4.8%), BSR (-4.8%) and PLX (-5.3%).
VRE (+0.6%) issued a resolution approving its agreement with Can Gio Urban Tourism JSC, a VIC (+3.2%) subsidiary, to sign a deposit agreement for the transfer of a project component under the Can Gio land reclamation urban tourism development project – Vinhomes Green Paradise. The site is located in Long Hoa Commune and Can Thanh Town in Can Gio District, HCMC, and the deal aims to expand VRE’s commercial land bank.
Oil & Gas stocks, including PVC (-9.0%), GAS (-4.8%), OIL (-8.3%), PLX (-5.3%) and BSR (-4.8%) dropped sharply, likely driven by oil prices plunging after US President Donald Trump announced on Truth Social that Israel and Iran had reached a ceasefire agreement, easing concerns over potential supply disruptions in the Middle East.
Foreign investors net bought today with VND128.5bn (USD4.9mn). Buying momentum focused on VND (VND214.9bn, USD8.2mn), DGW (VND213.1bn, USD8.1mn) and SSI (VND150.5bn, USD5.7mn). On the other hand, top net sold stocks were HCM (VND114.8bn, USD4.4mn), VPB (VND79.7bn, USD3.0mn) and VCB (VND76.7bn, USD2.9mn).

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