Vietnam's VN Index opens little changed at 1,860.14

Vietnam's VN Index opens little changed at 1,860.14

Vietnam’s VN Index Opens Slightly Higher Amid Market Volatility
February 23, 2026 — The Vietnam VN Index (VNI) opened at 1,860.14 on February 23, 2026, reflecting minimal movement from recent sessions amid mixed investor sentiment. The index, which tracks the performance of Ho Chi Minh City’s benchmark stock market, has shown resilience despite broader volatility, with a year-to-date gain of 42.94% as of February 16, 2026. However, it has declined 3.71% over the past month, trading below its 52-week high of 1,918.46.

The index’s performance has been influenced by a combination of domestic and global factors. Vietnam’s economy grew 7.5% in the first half of 2025, its strongest expansion in over a decade, bolstering market confidence. Additionally, FTSE Russell’s decision to upgrade Vietnam to emerging market status—pending an interim review in March 2026—has positioned the market for potential foreign inflows. The upgrade, effective September 21, 2026, follows regulatory reforms such as relaxed settlement procedures for foreign investors.

Despite these positives, challenges persist. Foreign investors have remained net sellers in recent months due to currency fluctuations, a domestic credit boom, and profit-taking pressures. Meanwhile, technical indicators suggest a neutral outlook for the index, with trading volume reaching 752 million shares on February 16, 2026. Key stocks like Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) and Binh Son Refining and Petrochemical Co Ltd (BSR) saw notable intraday gains, while Vietnam Construction and Import Export JSC (VCG) declined sharply.

Looking ahead, analysts project the VN Index to trade at 1,791.35 by the end of the quarter and 1,575.83 in 12 months. Investors will closely watch upcoming economic data releases and U.S. Federal Reserve policy developments, which could further shape market dynamics.

Note: Data accuracy is subject to real-time market conditions and exchange reporting.