Vietnam's VN Index rises 0.4% to 1,867.62 at close

Vietnam's VN Index rises 0.4% to 1,867.62 at close

Vietnam’s VN Index Rises 0.4% Amid Sector Gains and Liquidity Improvements
February 24, 2026 — Vietnam’s benchmark VN Index closed higher on Monday, rising 0.4% to 1,867.62 points, driven by gains in banking and real estate stocks despite persistent foreign investor caution according to market reports. The index has now recovered from recent volatility, reflecting improved market sentiment and liquidity.

The banking sector led the advance, with major lenders such as VPBank (VPB) and MBBank (MBB) posting double-digit percentage gains in recent sessions. Real estate stocks also contributed significantly, with VinGroup (VIC) and Vinhomes (VHM) rebounding after earlier declines. Analysts attributed the sectoral strength to improved liquidity, which reached nearly VNĐ32 trillion ($1.2 billion) on the Ho Chi Minh Stock Exchange (HoSE) in a prior session, marking a 12.4% increase from the previous trading day.

Despite the upward trend, foreign investors remained net sellers, offloading shares worth over VNĐ2.46 trillion on HoSE in recent trading sessions. This follows a broader pattern of net selling by foreign investors, who have been cautious amid exchange rate fluctuations and profit-taking activities.

A key development supporting long-term market confidence is FTSE Russell’s decision to reclassify Vietnam’s market as an emerging market, effective September 21, 2026. The upgrade, pending an interim review in March 2026, is expected to attract billions in foreign capital by aligning Vietnam with global standards. Vietnam’s Finance Minister called the decision "clear evidence of the country's sound development path".

Technical analysis suggests the VN Index faces resistance near the 1,850-point level but remains supported above 1,800 points. Analysts at Vietcombank Securities noted that investors should monitor consolidation patterns in key stocks while managing risk amid fluctuating liquidity.

The Hanoi Stock Exchange (HNX) also saw gains, with its HNX-Index rising 1.66% to 260.39 points, driven by strong trading volumes and investor inflows.

Overall, the market’s performance reflects a mix of short-term sectoral momentum and structural reforms, though caution persists among foreign investors. With Vietnam’s economy expanding 7.5% in the first half of 2025, the index remains a focal point for regional investors navigating global macroeconomic shifts.