Stocks surpass historical peak of 1,700 points, experts believe 1,800 mark is not far away

ACB Securities (ACBS) forecasts: " VN-Index has likely entered the initial stage of a new uptrend and is expected to continue to expand its upward momentum, heading towards the psychological resistance level of 1,800 points in the near future ."

This company analyzed: VN-Index recorded a strong increase of more than 18 points, marking an important breakthrough when overcoming the tug-of-war zone that lasted for more than 1 month. Market liquidity remained at a high level, reflecting abundant demand, thereby reinforcing the current uptrend. However, cash flow was still differentiated when mainly focusing on leading sectors such as real estate and banking.

Some securities companies predict that the market will likely continue to increase in the next session. (Illustration photo).

Similarly, SSI Securities Company (SSI Research) maintains the 2026 VN-Index target at 1,800 points in the base scenario, reflecting growth room from both fundamentals and valuation.

“ 2026 marks the beginning of a new chapter for Vietnam’s stock market – where policy reforms, market opening and growing investor participation converge to create a more sustainable and globally integrated growth story. The market is no longer in recovery mode but is now ‘post-upgrade breakout’, with the next bull cycle just beginning, ” SSI’s report emphasized.

According to SSI, the upgrade story is a new driving force for the Vietnamese stock market. Vietnam's official upgrade to emerging market status according to FTSE Russell's classification (from September 2026) and its ability to meet MSCI Emerging Market standards in the future is expected to attract about 1.6 billion USD in passive capital flows from ETFs, not to mention a significantly larger amount of capital from active funds.

In addition, the stock market continues to have many positive changes with the driving force coming from domestic investors, currently accounting for more than 90% of transaction value, helping to offset the net cash withdrawal of foreign investors.

At the same time, the upcoming IPO plan led by large-cap enterprises such as TCBS, VPS and Gelex Infrastructure JSC shows the return of confidence of the business sector as well as promises to increase market depth in 2026.

However, SSI Research also expressed the view that risks still need to be closely monitored.

Yuanta Vietnam Securities (YSVN) forecasts that the market may continue to increase in the next session and the VN-Index will continue to move towards 1,730 points. At the same time, cash flow may spread more evenly among stock groups in the coming sessions. Although the correction may still appear in the next session, it will quickly end within the session.

Therefore, investors can continue to hold 30-50% of their portfolio in stocks and can consider buying new stocks during corrections.

Meanwhile, Vietcombank Securities (VCBS) recommends that investors, in addition to maintaining their portfolios of stocks in an uptrend, can select stocks in industry groups that are attracting the attention of cash flow at a time when companies are gradually announcing their third-quarter business results to disburse funds for short-term investment purposes. Some notable industry groups are banking, public investment, and retail.

At the end of the session on October 9, VN-Index increased by 18.64 points, equivalent to 1.1% to 1,716.47 points. Market liquidity increased compared to the previous session with trading volume reaching 1.16 billion shares, corresponding to trading value reaching 34,633 billion VND.

HOANG DUNG

Source: https://vtcnews.vn/chung-khoan-vuot-dinh-lich-su-1-700-diem-chuyen-gia-tin-moc-1-800-khong-con-xa-ar970356.html