Vietnam Daily Market Recap March 07 2025 – BMP, PHR & DCM update

Stocks rise to fresh three-year high, led by real estate

The VN-Index opened higher on Friday and remained in positive territory throughout the session, closing up 0.6% at 1326.1, a fresh three-year high. Total trading value declined 7.4% DoD to VND20.8tn (USD815.5mn). The HNX-Index also increased 0.2% to 238.4.

Most sectors declined today, led by Basic Resources (-1.0%), Insurance (-0.9%), Chemicals (-0.7%) and Utilities (-0.7%), while Real Estate (+1.9%), Banks (+1.0%) and Construction & Materials (+0.8%) led gainers.
VIC (+7.0%) hit its ceiling price today, following news that its subsidiary, Vinpearl, has filed for an initial public offering. Vinpearl submitted documents to list over 1.8 billion shares on the HoSE, with registered charter capital of ~VND17.9tn (~USD702.0mn). Vinpearl is a leading hospitality brand in Vietnam, operating 48 facilities across 18 provinces and cities. In 2024, Vinpearl reported its revenue increased 55% YoY to VND14.4tn (USD564.7mn), with gross profit of VND2.9tn (USD112.2mn).

Foreign investors were net sellers today, with a net selling value of VND165.4bn (USD6.5mn). Selling momentum was focused on FPT (VND104.3bn, USD4.1mn), MSN (VND81.6bn, USD3.2mn), and DGC (VND44.9bn, USD1.8mn). Conversely, they bought VIC (VND98.2bn, USD3.8mn), HPG (VND91.0bn, USD3.6mn) and MWG (VND69.7bn, USD2.7mn).

For the week, the VN-Index advanced 1.6%, breaking through to a three-year high on Wednesday. Total liquidity soared 18.7% WoW to VND109.8tn (USD4.3tn), led by positive market sentiment after the VN-Index broke through 1,300 last week. Foreign investor selling momentum slowed this week, with total net selling value decreasing 75% to VND751.3bn (USD29.5mn).

Today’s top gainers included VIC (+7.0%), VCB (+1.7%) and VHM (+3.1%), while top laggards included GVR (-1.5%), GAS (-0.4%) and EIB (-2.5%).

Read the full report: HERE