Vietnam Daily Market Recap April 11 2025 – HPG Update, SZC AGM

Stocks rally as momentum from pause in US tariffs continues

The VN-Index on Friday continued its momentum from yesterday, opening in the green and climbing higher throughout the day, closing up 4.6% at 1,222.46. Liquidity increased by a factor of 8.2 DoD to VND38.2tn (USD1.5bn). The HNX-Index rose by 2.4% to 213.34.

All sectors rose today except for Automobiles & Parts (-2.8%). Retail (+6.1%), Financial Services (+5.5%) and Banks (+5.1%) led the charge, followed by Technology (+4.8%) and Telecommunications (+4.5%).

Following yesterday’s news of a 90-day pause in 46% US tariffs on Vietnamese goods, investors today were bolstered by the news that Vietnam and the US have agreed to negotiate a bilateral trade agreement after a meeting between Deputy Prime Minister Ho Duc Phoc and State Secretary Scott Bessent.

Foreign investors net bought today with VND971bn (USD37.3mn). Buying momentum focused on HPG (VND416bn, USD16.0mn), MBB (VND249bn, USD9.6mn) and VIC (VND160bn, USD6.1mn) while foreigners mainly sold SSI (VND132bn, USD5.0mn), KBC (VND94.8bn, USD3.6mn), and SIP (VND77.8bn, USD3.0mn).

Top contributors included VCB (+6.6%), VIC (+6.9%), and BID (+5.9%), while top laggards were SSB (-3.1%), BCM (-1.6%) and SIP (-5.1%).

Read the full report: HERE