The recent surge in Vietnam’s stock market is largely driven by growing expectations that it will be upgraded to emerging market status by FTSE this September—a development supported by the ongoing modernization of market infrastructure. July: Breakthrough On July 25, the VN-Index broke its all-time record since the inception of Vietnam’s stock market, closing at 1,531 points. The momentum continued into the next week, with a sharp rise of 27 points during the first trading session on July 28. With the previous peak from early 2022 now surpassed, forecasting the future trajectory of the VN-Index becomes increasingly uncertain. However, the market is currently eyeing the next key milestone: 1,600 points. Between July 1 and 28, the VN-Index surged by 181 points, marking a gain of over 13%—positioning Vietnam’s stock market among the top performers globally during that period. Since bottoming out at 1,074 points on April 9—when U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs—the index has rebounded by a remarkable 45% in just three and a half months. This rally has cemented stocks as one of the most lucrative assets for investors in recent months. Several factors help explain the stock market upswing in July, chief […]
To read more, please click here.
