The market experienced a strong and positive surge from the morning session, helping the VN-Index reach a new record high of 1,585 points. The index continued to rise to 1,585 points in the afternoon session; however, towards the end of the session, volatility began to appear from 2 PM onwards, with the index plummeting 50 points in just 30 minutes.
At the close of trading, the VN-Index reached 1,547.15 points, up 19 points (+1.24%) with 118 gainers (including 5 hitting the ceiling price), 221 losers (including 4 hitting the floor price), and 40 unchanged stocks.
Thus, the index experienced significant "fluctuations" within a range of 70 points in just one trading session.
On the Hanoi Stock Exchange, the HNX-Index and HNXUPCoM-Index moved in opposite directions. The HNX-Index decreased slightly by 0.83%, reaching 266.12 points; the HNXUPCoM-Index increased slightly by 0.32%, reaching 107.5 points.

VN-Index experienced a sharp correction at the end of the afternoon session amidst record trading volume (Screenshot)
In addition to the index points, the VN-Index also set a new record with a trading volume of 78,122 billion VND, surpassing the previous record of 72,000 billion VND (on July 29).
The VN30 index played a leading role in today's session, surging 37.21 points (+2.25%) to reach 1,690.43 points.
Notably, HPG ( Hoa Phat Steel, HOSE) recorded its highest trading volume in history with 216 million shares traded, equivalent to a value of VND 5,723 billion, of which foreign investors made net purchases of VND 1,080 billion.
Regarding sectors , all groups cooled down, with Banking, Real Estate, and Securities continuing to be the three "pillars" of the market.
Specifically, banks rose by 1.56%, with MBB (MBBank, HOSE) hitting its ceiling price, while TCB (Techcombank, HOSE) and TPB (TPBank, HOSE) increased by approximately 5%. Some other stocks declined, such asSHB (SHB, HOSE) down 1.34%, and NVB (NCB, HOSE) down 5.6%.
Real estate stocks maintained gains of nearly 3%, with two key stocks, VIC (Vingroup, HOSE), rising 5.67%, and VHM (Vinhomes, HOSE), rising 4.12%. The majority of other stocks reversed course and declined: NLG (Nam Long, HOSE) fell 1.7%, DIG (DIC Group, HOSE) fell 1.16%, NVL (Novaland, HOSE) fell 2.44%, etc.
Meanwhile, the stock market remained flat with clear divergence, as SSI (SSI Securities, HOSE), VND (VNDirect, HOSE), and VCI (Vietcap, HOSE) attracted capital, rising by about 5%, while SHS (Saigon - Hanoi Securities, HOSE) and VIX (VIX Securities, HOSE) declined.
For foreign investors, based on matched order value, the "bright spot" comes from the return to net buying with today's purchase value exceeding 670 billion VND (matched orders), concentrated in the banking and steel sectors. However, overall, net selling remains strong with nearly 2,524 billion VND on the HOSE exchange alone, with the focus on VIC (Vingroup, HOSE), SHB (SHB, HOSE), VPB (VPBank, HOSE), VHM (Vinhomes, HOSE), FPT (FPT, HOSE),...
VN-Index fluctuates on its way to the 1,600-point peak.
According to Mr. Bui Ngoc Trung, a consultant at Mirae Asset Securities , today's trading session recorded a new record for liquidity, an unprecedented figure in the 25-year history of the Vietnamese stock market. Despite a strong increase in the morning session, the afternoon's movements indicate short-term profit-taking after a good recovery.
This development is somewhat similar to the July 29th session (one week earlier), when there was a strong sell-off with a synchronized decline, and it was also the session that set a previous record for liquidity, reaching 72,000 billion VND. However, in essence, today's session was somewhat different and leaned more towards buying pressure, although selling pressure was also quite significant.
Liquidity reached a new record of 78,122 billion VND, indicating that money flow remains very high in the market and helped the market quickly balance after a sell-off. However, the current price range may still see more unexpected developments with the "volatility" as the VN-Index approaches a new, larger peak such as 1,600 points.

The market is showing clear differentiation (Screenshot)
It can be said that today's "volatility" is an inevitable reaction after a period of rapid growth, helping to cool down margin levels and create opportunities for portfolio restructuring as the market approaches higher points and profit-taking sentiment increases. However, this correction will be short-term because market liquidity remains high and there are still good growth opportunities in the future, given Vietnam's low interest rates, ample room for growth in credit and public investment, and the approaching prospect of market upgrade.
Therefore, at this time, investors should avoid the tendency to chase after stocks that are rising sharply during the trading session.
Furthermore, some other experts believe that although the VN-Index is continuing its upward trend, the number of stocks trending upwards is not as large as during the previous peak. Therefore, this is not yet the right time to invest for short-term goals; investors need to act cautiously, combining holding good positions with selectively seeking new opportunities.
Source: https://phunuvietnam.vn/vn-index-rung-lac-บน-duong-len-dinh-1600-diem-20250805171528939.htm










