Vingroup shares surged to the ceiling price.

Vingroup's VIC stock code surged to its ceiling price during the morning trading session on July 14th. The share price reached 115,500 VND per unit.

Vingroup's group of stocks continued to play a supporting role for the market during the morning session on July 14th - Photo: QUANG DINH

At the close of the morning session, the VN-Index rose nearly 8 points, reaching 1,465.22 points. Although the HoSE saw 176 declining stocks and only 132 rising stocks, the index was still strongly supported by the impressive price increase of Vingroup's shares.

Specifically, VIC shares surged to their maximum limit (+6.94%), pushing the share price up to 115,500 VND/unit. This positive performance of the stock occurred immediately after the news that Hanoi will ban gasoline-powered motorcycles from entering the Ring Road 1 area starting in July 2026.

According to experts, many stocks will benefit as Vietnam intensifies its emission reduction policies, aiming for a Net Zero target by 2050, especially those in the manufacturing, trading, and distribution of electric vehicles such as Vingroup.

According to VAMA data, in the first six months of 2025, the three VinFast electric vehicle models VF 3, VF 5, and VF 6 continued to lead in sales in the Vietnamese automotive market.

Besides VIC, several other stocks such as HUT of Tasco (+2.2%), POW of PV Power (+4.09%)... also saw significant price increases this morning.

Tasco is currently the distributor for Geely's (China) electric vehicle brands. Meanwhile, PV Power benefits from its strategy of developing an electric vehicle charging station network.

Returning to the overall market developments, liquidity this morning was quite good, reaching nearly 18,300 billion VND. Of that, the HoSE exchange accounted for 16,600 billion VND.

There was significant divergence among securities and banking stocks. While SSI (-0.67%), VND (-0.56%), TCB (-0.43%), CTG (-1.57%)... faced downward pressure, VPB (+4.22%), BID (+1.12%), VCI (+1.83%), SHS (+2.2%)... continued to perform well.

Mr. Dong Thanh Tuan from Mirae Asset Securities (Vietnam) stated that for the stock market, the growth outlook continues to be strengthened by domestic growth drivers combined with a gradually clearer macroeconomic context.

Furthermore, the prospect of upgrading the market to FTSE standards is expected to attract foreign capital back to the Vietnamese market soon, increasing demand in the medium and long term.

However, Mr. Tuan also recommended a cautious approach in the short term, as the rapid surge in the VN-Index (currently recording a streak of 10 consecutive days of gains) could trigger widespread profit-taking if unfavorable news is unexpectedly released.

Therefore, the appropriate support zone for the VN-Index in the short term is expected to be around 1,430 points.

Hanoi's plan to ban motorbikes.

On July 12th, Prime Minister Pham Minh Chinh issued a directive outlining several urgent and decisive tasks to prevent and address environmental pollution.

According to the directive, the Prime Minister requested Hanoi to implement solutions to encourage organizations and individuals to switch to fossil fuel-powered vehicles, ensuring that by July 1, 2026, no motorcycles or scooters using fossil fuels will be circulating within the Ring Road 1 area.

From January 1, 2028, in addition to banning gasoline-powered motorcycles and scooters, personal cars using fossil fuels will also be restricted within the first and second ring roads.

By 2030, the regulations will apply to all personal vehicles using fossil fuels within the Beltway 3 area, according to the directive.

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BINH KHANH

Source: https://tuoitre.vn/co-phieu-vingroup-tang-kich-tran-20250714120320564.htm