VN-Index listed top three best performers in January

The VN Index, Viet Nam’s benchmark stock index, grew 12.8 per cent in January, as it joined the top three best performers in the world in the first month of 2018, just behind Argentina (16.21 per cent) and Nigeria (15.95 per cent).

  • Vietnam stock index jumps to 10-year high
  • Vietnam up 12 places in Global Innovation Index
In the last three months, the VN Index has rallied 32.62 per cent, topping the world’s fastest-growing markets in the same period. — Photo geektime.vn
In the last three months, the VN Index has rallied 32.62 per cent, topping the world’s fastest-growing markets in the same period. — Photo geektime.vn

The index ended January 31 at 1,110.36, close to its highest-ever record of 1,167, seen on February 27, 2007.

In the last three months, the VN Index has rallied 32.62 per cent, topping the world’s fastest-growing markets in the same period.

Besides the index’s growth, liquidity has also improved significantly, with its trading value averaging VND7.5 trillion (US$329 million) per session on the HCM Stock Exchange in January. In recent sessions, the daily trading value has been around VND10 trillion.

On the minor Ha Noi Stock Exchange, the HNX Index witnessed a more modest growth of 7.7 per cent in January.

The breakthrough in Viet Nam’s stock market was mainly attributable to optimistic macro-economic fundamentals, positive business results of listed companies, as well as high investor expectations for State divestment plans among many large State corporations.

Deputy Prime Minister Vuong Dinh Hue has said that 2018 will be the peak year for equitisation of State-owned enterprises (SOEs) and State capital divestment.

In the first quarter of this year, four enterprises will offer their initial public offerings (IPO), including Viet Nam Rubber Corporation, PetroVietnam Oil Corporation, Binh Son Refining and Petrochemical Company and PetroVietnam Power Corporation – the four largest SOEs by capitalisation among the 69 SOEs listed in the equitisation plan of 2017.

Another major push was caused by the strong inflows of foreign capital. Foreign traders were responsible for net buying values of nearly VND8.5 trillion in January, after total net purchases of VND28 trillion in Viet Nam’s stock market in 2017. 

VNS

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.