Vietnam Daily Market Recap May 29, 2025 – DDV Initiation
Daily Market Recap 29/05/2025 361
Stocks slumped, led by industrial goods and services
The VN-Index opened higher on Thursday and traded in positive territory in the morning, and slumped in the afternoon, closing at 1,341.9. Market liquidity contracted, with total trading value declining 7% DoD to VND20.8tn (USD801.4mn). The HNX Index followed a similar pattern but advancing 0.3% to close at 224.3.
Sector performance was mixed today, with gainers led by Real Estate (+1.2%), Media (+0.5%) and Personal & Household Goods (+0.4%). In contrast, Industrials Goods & Services (-1.5%), Oil & Gas (-1.7%), Travel & Leisure (-0.9%) and Technology (-0.9%) declined.
On May 29, 2025, Prime Minister Pham Minh Chinh held a high-level meeting in Hanoi with Sheikh Nasser bin Suliman Al Harthi, Vice Chairman of the Oman Investment Authority (OIA). During the meeting, the Prime Minister formally proposed increasing the capital commitment of the Vietnam–Oman Investment Fund (VOI) to USD1bn. This strategic expansion aims to support Vietnam’s economic development priorities, with financing terms aligned to prevailing domestic conditions to ensure long-term sustainability and mutual benefit.
Top performers today included VHM (+1.6%), VRE (+3.6%) and EIB (+5.3%), while top laggards included CTG (-1.6%), HVN (-1.4%) and FPT (-1.1%).
Foreign investors net sold today with total net selling value of VND304.7bn (USD11.74mn), with selling momentum focused on CTG (VND136.1bn, USD5.25mn), GEX (VND110.3bn, USD4.25mn) and HPG (VND81.6bn, USD3.14mn). Meanwhile, foreign investors mainly bought NVL (VND290.7bn, USD11.20mn), NLG (VND91.2bn, USD3.52mn) and EIB (VND75.5bn, USD2.91mn).
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