Stocks have become a popular investment channel, as they have continuously recovered to near record levels - Photo: BONG MAI
Missing record, sentiment indicator enters 'overly optimistic' zone
Right at the opening of the last trading session of this week (July 18), the VN-Index continued to turn green, accelerating to surpass the 1,500-point mark - a record in the history of the Vietnamese stock market.
However, at the end of the morning session and the beginning of the afternoon session, there was a large selling pressure, at times the VN-Index fell to red. But immediately after that, it received a relatively good push, recovered and maintained the green color until the end of the session.
The "heroes" of today's market are a series of codes in the banking sector such as TCB (Techcombank), STB (Sacombank), VPB (VPBank), LPB (Loc Phat), MBB ( MBBank )...
The increase was also joined by the big names on the stock exchange, notably VHM (Vinhomes), MSN (Masan), VIX (VIX Securities), GEE ( Gelex Electricity), GVR (Vietnam Rubber Industry)...
Against the trend, Vingroup (VIC) shares faced strong selling pressure, leading the top 10 stocks negatively affecting the VN-Index. Following them were the "giants" VCB (Vietcombank), FPT, HPG (Hoa Phat), BVH (Bao Viet), VRE (Vincom Retail), SSB (SeABank), VJC (Vietjet), OCB , GEX (Gelex Group)...
By sector, the groups with strong growth include hardware and equipment, energy, financial services, personal and family care products... Meanwhile, investors tend to withdraw from stocks in the fields of health care equipment and services, insurance, media and entertainment, software and services, consumer services...
Closing the weekend trading session, VN-Index officially increased by 7.27 points, temporarily stopping at 1,497.28 points (+0.49%). Thus, this index still missed its appointment, unable to surpass the record set three years ago.
During the day, green also spread on the HNX floor and UPCoM market, with an increase of 1.68 points (+0.68%) to 247.77 points and an increase of 0.53 points (+0.51%) to 104.74 points.
Regarding the amount of money changing hands during the session, the total of the three main floors recorded nearly 40,300 billion VND in liquidity, a sharp increase compared to the average of the previous month, but still about 5% lower than yesterday's session.
Yuanta Securities experts said that the sentiment indicator has increased into the overly optimistic zone, narrowing the opportunity for new purchases. Short-term strategies, less than one month, recommend that investors can continue to hold a high proportion of stocks in their portfolio or take profits on a portion of the stock proportion.
Vietnam's economy maintains positive momentum
Since the beginning of the year, the VN-Index has increased by nearly 18%, most of the positive developments have occurred recently, after positive information about the reciprocal tax negotiations between Vietnam and the US, as well as domestic efforts to promote economic growth.
According to experts from Phu Hung Securities (PHS), Vietnam's economy in the third quarter of 2025 will continue to maintain a positive state thanks to the recovery of all three pillars: investment (including public investment and foreign direct investment - FDI), domestic consumption and a stable macro environment.
In case Vietnam reaches a trade agreement with the US, it will help improve the prospect of attracting investment and increase market confidence. At the same time, it will boost GDP growth this quarter to 8%, significantly higher than the 3.6 - 3.7% of the previous quarter.
Credit growth is also improving strongly, reaching 9.9% as of the end of June 2025, double that of the same period last year and the highest in many years. This is a sign that capital demand, especially in areas such as real estate and retail, is recovering.
In addition, foreign investment capital - FDI continues to grow well thanks to large-scale projects with high technology content such as electronics, aerospace, semiconductors, healthcare... In addition, low interest rates are considered favorable conditions for production and consumption recovery.
Mr. Michael Kokalari - Director of Macroeconomic Analysis and Market Research at VinaCapital Investment Fund - said that Vietnam's infrastructure spending has skyrocketed 40% year-on-year in the first half of 2025.
In the coming time, the Government is reforming many investment-related laws to promote private investment, loosening PPP (public-private partnership) and BOT (build-operate-transfer) conditions, increasing the proportion of state capital contribution, and expanding the scope of eligible investment projects.
VinaCapital Investment Fund emphasized that Vietnam's growth in 2025 will be mainly driven by internal factors such as increased public investment spending on infrastructure, the recovery of the real estate market, and important administrative initiatives and reforms - referred to by some experts as "Innovation 2.0".
In this context, stock investors are expecting revenue and profit growth of many listed companies. However, it is necessary to closely monitor each side and market developments.
Source: https://tuoitre.vn/chung-khoan-bi-dap-rot-moc-ky-luc-gioi-dau-tu-van-tin-vao-song-hoi-phuc-20250718160722001.htm
![[Infographic] In 2025, 47 products will achieve national OCOP](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/7/16/5d672398b0744db3ab920e05db8e5b7d)
Comment (0)