Stocks firm at near 2-month high

By Dat Nguyen May 21, 2025 | 01:22 am PT

An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam’s benchmark VN-Index rose 0.60% to 1,323.05 points Wednesday, highest since March 21.

The index closed 7.9 points higher after Monday’s gain of 18.9 points.

Trading on the Ho Chi Minh Stock Exchange, on which the index is based, rose 10% to VND25.24 trillion (US$972 million).

The VN30 basket, comprising the 30 largest capped stocks, saw 13 tickers gained.

VHM of property giant Vinhomes led with a 7% rise, followed by STB of Ho Chi Minh City-based lender Sacombank, up 5.8%.

VIC of private conglomerate Vingroup rose 2.2% and MSN of conglomerate Masan Group closed 1.4% higher.

Twelve blue chips fell. GVR of Vietnam Rubber Group dropped 1.4% and LPB of Fortune Vietnam Bank closed 1.2% lower.

Foreign investors were net sellers to the tune of VND480 billion, mainly selling FPT of tech giant FPT Corporation and VIC.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.11%, while the UPCoM-Index for the Unlisted Public Companies Market closed 0.15% higher.