Vietnam Daily Market Recap May 30, 2025 – PVS AGM, Market strategy

Stocks slumped

The VN-Index opened higher on Friday but dipped into the red, closing at 1,332.9 (-0.7%). Market liquidity increased 7% DoD to VND22.1tn (USD849.6mn). The HNX Index followed a similar trend, slipping 0.5% to close at 223.2.

Sector performance was mixed today, with gainers led by Real Estate (+0.2%) and Utilities (+0.2%). In contrast, Travel & Leisure (-2.5%), Retail (-2.3%), (-0.9%) and Oil & Gas (-2.1%) declined.

GAS (+1.6%) reaffirmed its leading position within Petrovietnam in the first five months of 2025, delivering strong operational and financial results: gas intake and consumption reached 45–50% of the full-year target; LPG sales exceeded 1.3 million tons (including over 0.6 million tons from international markets), achieving 69% of the 2025 plan; consolidated revenue surpassed VND46.5tn (USD1,787.1mn), or 63% of the annual target; pre-tax profit reached over VND7.4tn (USD284.4mn), fulfilling 112% of the full-year goal; and investment activities were actively implemented, with the parent company disbursing VND842bn (USD32.4mn), equivalent to 25% of the 2025 plan.

Top performers today included VHM (+0.9%), VIC (+1.4%) and GAS (+1.6%), while top laggards included CTG (-1.5%), MWG  (-3.4%) and BID (-1.2%).

Foreign investors remained net sellers today, offloading a total of VND1127.3bn (USD43.32mn), with the strongest selling pressure on HPG (VND188.7bn, USD7.25mn), MWG (VND132.3bn, USD5.08mn) and STB (VND110.2bn, USD4.24mn). Meanwhile, foreign investors mainly bought NVL (VND219.5bn, USD8.43mn), NLG (VND80.8bn, USD3.10mn) and GMD (VND48.7bn, USD1.87mn).

Read the full report: HERE