The benchmark VN-Index closed at a new record of 1,788 points Monday and jumped 1.56% to another new level of 1,816 points Tuesday. It ended last year 40% higher as the 10th best-performing stock index globally.
On Tuesday trading on the Ho Chi Minh Stock Exchange, on which the index is based, gained 6% to VND27.45 trillion (US$1.04 billion).
The VN30 basket, comprising the 30 largest capped stocks, saw 23 tickers rose.
GAS of state-owned Petrovietnam Gas led with a 7% rise, followed by VHM of property giant Vinhomes, up 6.9%.
PLX of fuel distributor Petrolimex closed 6.7% higher while MBB of lender MB increased by 5.1%.
Two blue chips fell. DGC of Duc Giang Chemicals Group dropped 3.8% and STB of Ho Chi Minh City-based lender Sacombank declined by 2.1%.
Foreign investors were net sellers to the tune of VND387 billion, mainly selling VIC of private conglomerate Vingroup and VHM.
The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.09% while the UPCoM-Index for the Unlisted Public Companies Market dropped by 0.39%.