VN-Index breaks through the 1,750 point mark.

At the close of trading on April 8, 2026, the Vietnamese stock market surged as the VN-Index dramatically jumped over 79 points, surpassing the 1,750-point mark. Total market liquidity reached a record high of over 37,500 billion VND, accompanied by a strong return of foreign capital.

Continuing the bullish momentum from the morning session, buying pressure in the afternoon of April 8th became even more intense and decisive. The continuous influx of capital helped the VN-Index close at its highest point of the day, reaching 1,756.55 points, an increase of 79.01 points (equivalent to a 4.71% increase). This rare surge confirms the overwhelming strength of those holding cash, ushering the market into an exciting trading state.

The stock market is soaring with a mix of purple and green. (Screenshot)

The surge was clearly reflected in market liquidity. Total trading volume reached 1,423.60 million shares, pushing total trading value to a record high of VND 37,564.56 billion. Block trading was also very active, with a volume of 158.84 million shares worth VND 4,921.76 billion.

The upward trend was not only concentrated in large-cap stocks but also spread across other exchanges. Specifically, the HNX-Index increased by 6.62 points (2.68%) to 253.32 points; while the UPCoM-Index increased by 2.06 points (1.64%) to 127.70 points. The total number of buy orders across the market reached 1,388.85 million shares, closely matching the 1,367.85 million sell orders, demonstrating the impressive ability of buyers to absorb profit-taking pressure.

The biggest highlight of the session was the trading activity of foreign investors. After a long period of caution, foreign investors aggressively disbursed VND 3,224.26 billion, while selling volume remained at VND 2,661.04 billion. The reversal to net buying of over VND 563 billion by foreign investors further reinforced the optimistic outlook for the Vietnamese capital market in the eyes of international investors.

The market's upward momentum today stems not only from FTSE Russell's decision to maintain its upgrade roadmap but is also fueled by a solid macroeconomic foundation.

Assessing the current context, Mr. Dang Thanh Tung - Director of Operations at Dragon Capital Vietnam - affirmed that the Vietnamese economy is showing superior resilience and stability compared to many other countries. Thanks to the proactive negotiations of the Government and the Vietnam Oil and Gas Group, the Nghi Son Refinery has ensured sufficient crude oil for optimal operation at least until the end of May 2026. Furthermore, the Government remains committed to its goal of double-digit GDP growth for 2026, building on the 8% growth momentum of 2025.

However, Mr. Tung also noted the real risk if oil prices remain high for 9-12 months. This scenario could push inflation close to 4.5-5% and slow GDP growth by about 0.5-1 percentage point. Despite the limited room for monetary policy due to interest rate pressure, the government still holds many fiscal tools such as boosting public investment disbursement, reducing taxes, or providing subsidies.

Sectors saw strong gains in the afternoon session of April 8th. (Screenshot)

Regarding exchange rates, as expectations of a US Federal Reserve (Fed) interest rate cut in 2026 fade, the strengthening US dollar puts some pressure on the VND. However, with the current macroeconomic buffers, the VND is projected to depreciate only slightly by 1-3%, maintaining much better stability than during the crises of the past five years.

In the interbank market, Mr. Diep Quoc Khang - Senior Director of Bond Operations at Dragon Capital Vietnam - explained that the decline in cheap liquidity has forced banks to enter a race to increase deposit interest rates to compensate for the shortfall in medium and long-term capital. Typically, the 6-month term is seeing the strongest increase. However, the continuous expansion of the PMI index over the past eight months indicates that the economy and businesses are capable of absorbing these interest rates to maintain the recovery momentum.

Based on the overall picture, experts recommend that investors allocate assets to stocks. The banking sector, with its sustainable growth, and the consumer sector, directly benefiting from the economic recovery, are two bright spots. Additionally, expert Pham Luu Hung from SSI Research assesses that the securities sector will clearly benefit as the capital market expands.

From a technical analysis perspective, Yuanta Securities Vietnam expects the 1,710 - 1,740 point range to be retested soon. Tien Phong Securities (TPS) analyzes that the MA10, MA20, and MA200 lines converging around the 1,670 point level are creating a reliable support base.

Meanwhile, Saigon - Hanoi Securities Company (SHS) assessed that the VN-Index's breakout above 1,730 points with a surge in capital flow has officially broken out of the narrow consolidation phase (1,650 - 1,700 points), confirming strong demand pushing the market into a new growth phase.

Source: https://baotintuc.vn/thi-truong-tien-te/vnindex-but-pha-vuot-moc-1750-diem-20260408155249654.htm