Vietnam's VN Index rises 1 to 1,898.98

Vietnam's VN Index rises 1 to 1,898.98

Vietnam’s VN Index Rises to 1,898.98 Amid Post-Tết Momentum
Vietnam’s benchmark VN Index closed at 1,898.98 on February 26, 2026, marking a 1.01% increase from the previous session and extending its post-Tết rebound. The index has surged 43.73% year-to-date, reflecting strong investor confidence following the Lunar New Year holiday. This rise follows a 36-point jump on Monday, when the index reached 1,860.14 points, driven by robust earnings and macroeconomic optimism.

The post-Tết rally has been supported by historical trends, with a 90% probability of gains in the days following the holiday and an 80% likelihood over the subsequent month. Strong fourth-quarter 2025 earnings reports, coupled with Vietnam’s 2026 GDP growth target exceeding 10% annually, have bolstered market sentiment.

Sector performance was broad-based, with oil and gas leading the charge. Petrolimex (PLX) surged 7%, PV Gas (GAS) and Binh Son Refining (BSR) hit ceiling prices, and PV Drilling (PVD) advanced sharply. Banking stocks also contributed, with BIDV (BID) and Vietcombank (VCB) rising 4.7% and 3.1%, respectively. The securities sector mirrored this momentum, with Techcom Securities (TCX) climbing 5.7%.

Market liquidity surged to VND23.5 trillion on Monday, with 280 stocks advancing versus 73 decliners. However, foreign investors remained net sellers, offloading VND1.1 trillion worth of shares on the Ho Chi Minh Stock Exchange (HoSE).

Looking ahead, Vietnam’s stock market is poised for further gains as it awaits a potential upgrade to emerging market status by FTSE Russell. The reclassification, effective September 21, 2026, is expected to attract billions in foreign inflows, citing improved market access and regulatory reforms.

While short-term volatility persists, the index’s resilience underscores Vietnam’s growing integration into global financial markets.