CORPORATE PROFITS SOAR IN Q1 2025, LED BY BANKING SECTOR
As of April 28, a total of 685 listed companies, representing 40 per cent of market capitalisation across Việt Nam’s three stock exchanges, had released their first-quarter financial results, revealing a broad-based surge in profits. According to statistics from Yuanta, market-wide revenue and post-tax profit rose by approximately 20.1 per cent and 50.8 per cent year-on-year, respectively, buoyed by the low comparative base of 2024.
MARKET EXTENDS RECOVERY AS FOREIGN INVESTORS RETURN TO BOTTOM-FISHING
Việt Nam’s stock market continued its upward trend on Thursday, largely supported by strong performances from Vingroup stocks, helping the VN-Index break through the 1,220-point mark. Market liquidity dipped slightly, while foreign investors showed signs of bottom-fishing across key blue-chip counters. The morning’s sluggish and range-bound trading persisted briefly into the early afternoon session, before giving way to a strong rally.
VIETNAM POISED FOR MARKET UPGRADE, PROMISING CAPITAL GROWTH
Vietnam’s stock market is expected to reach a major milestone in 2025 with a likely upgrade to emerging market status, opening the door to global capital and boosting sustainable economic growth. Upgrading the stock market from frontier to emerging status has been a strategic priority for the Vietnamese government for years. If achieved, the upgrade would make Vietnam a key destination for major global investment funds.
BLUE-CHIP REBOUND SENDS VN-INDEX LEAPING
Stronger demand for blue-chip stocks led to a market rebound, with the VN-Index adding seven points today, April 17, said local media reports. The Hochiminh Stock Exchange saw 261 stocks gaining and 174 others losing. The VN-Index edged up by 6.95 points, or 0.57%, against the previous day to 1,217.25. More than 807.7 million shares worth VND21.6 trillion were transacted on the market, slightly down by volume yet up by 11% by value compared to the previous session.
VN-INDEX JUMPS OVER 70 POINTS AS STOCKS HIT CEILING ON TAX RELIEF NEWS
Việt Nam’s stock market surged at the opening bell on Thursday, with the VN-Index leaping more than 71 points as investors cheered the latest announcement from US President Donald Trump, who declared an immediate 90-day delay and reduction of proposed tariffs on multiple countries, including Việt Nam. As of 9:20am, the VN-Index had gained over 72 points, marking a 6.5 per cent increase.
BAD DEBT SEEN DROPPING IN Q2
Vietnamese banks expect non-performing loans (NPLs) to fall and interest rates to remain stable in the second quarter of the year. A survey on business sentiment by the Department of Forecasting, Statistics and Monetary and Financial Stabilization at the State Bank of Vietnam (SBV) found that NPLs declined in January-March and are forecast to drop further in the next three months.
E-COMMERCE TAX REVENUE RISES 19% IN Q1
Vietnam collected VND34.5 trillion in taxes from e-commerce businesses in the first quarter of this year, up 19% year-on-year, showed data from the Ministry of Finance. Over the past three years, tax revenue from individuals and organizations active in the e-commerce sector has totaled VND296 trillion, the Vietnam News Agency reported.
POSITIVE CREDIT HELPS DRIVE ECONOMIC GROWTH
The credit growth of the Vietnamese banking system has been positive since the first quarter of this year and flowed strongly into production, business, real estate and consumption, which has contributed to supporting economic recovery. The Deputy Governor of the State Bank of Vietnam (SBV) Phạm Tiến Dũng, said that credit growth in early 2025 showed signs of improvement compared to the same period in 2024.
