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Friday, January 16, 2026

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Ngoc Nguyen

Ngoc Nguyen

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New concerns from Middle East

Vietnam’s stock market remained under correction and accumulation pressure during the week of June 9 to 13. The VN-Index, the market’s primary benchmark, dipped to nearly 1,300 points before staging a midweek rebound. Despite efforts to stabilize around the 1,315-point mark, the VN-Index came under renewed selling pressure due to rising geopolitical tensions in the Middle East. The index closed the week at 1,315 points, a 1.08% decline from the previous week. In this context, foreign investor activity was notably volatile. While they were net sellers at the start of the week, they shifted to net buying in the latter half. Over the five trading days, foreign investors recorded a net purchase of VND210 billion across the market. Regarding investment fund portfolios, the MVIS Vietnam Local Index—the benchmark for the VanEck Vectors Vietnam ETF (VNM ETF)—released its quarterly portfolio update for Q2 2025 at the end of the referenced week. In this review, the index added only one stock, BAF, without removing any existing constituents. As of June 12, the VNM ETF’s portfolio had grown to nearly US$412 million (approximately VND10.7 trillion). With BAF representing 0.93% of the reference index, the fund is expected to acquire around 7.5 million BAF […]
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