Right from the opening bell, the VN-Index surged to 1,235 points, up nearly 8 points from the session before the national holiday.

HÀ NỘI — Việt Nam’s stock market opened May on a positive footing, with the VN-Index reclaiming the 1,240-point threshold despite low liquidity and cautious sentiment. The recovery was driven largely by gains in key large-cap stocks, particularly those under the Vingroup ecosystem.
The session on May 5 also marked the first trading day operating under the new KRX system, aimed at modernising Việt Nam’s market infrastructure.
From the opening bell, the VN-Index surged to 1,235 points, up nearly eight points from the session before the five-day national holiday on the occasion of the Liberation of the South and National Reunification (April 30, 1975 - 2025). Gains were sustained throughout the session, with the index closing at 1,240.05, up 13.75 points or 1.12 per cent.
Market breadth was broadly positive, with 233 stocks advancing and only 85 declining on the Hồ Chí Minh Stock Exchange (HoSE).
However, liquidity remained muted, with total trading value down 7.7 per cent from the previous session to VNĐ14.3 trillion (US$550.8 million), indicating that both buyers and sellers remained hesitant following the holiday.
The VN30-Index, which tracks the 30 largest listed companies by market capitalisation, rose by 10.68 points, or 0.82 per cent, to end at 1,320.41. Among the VN30 stocks, 19 gained, seven lost ground and four ended flat.
Leading the rally were stocks in the Vingroup family, including Vingroup (VIC) up 2.94 per cent, Vinhomes (VHM) up 4.28 per cent and Vincom Retail (VRE) up 5.29 per cent. Together, they contributed over five points to the VN-Index.
Analysts at Viet Dragon Securities said: “The market’s positive start in May was partly supported by the official launch of the KRX trading system. Liquidity declined slightly, reflecting continued hesitation from both buyers and sellers.
“Although the index did not surge dramatically, it managed to stabilise near the 1,240-point zone, suggesting a potential equilibrium as the market gauges supply and demand. Recent supportive signals may help extend the recovery trend in the sessions ahead.”
They added: “Investors can expect continued support, but should closely monitor supply-demand dynamics to assess the market's true momentum. The ongoing recovery could present opportunities to rebalance or take profits. For new buying positions, we recommend targeting stocks showing technical strength near support or accumulation zones.”
On the Hà Nội Stock Exchange (HNX), the HNX-Index also rose by 0.41 per cent to close at 212.81 points. Trading value on the HNX exceeded VNĐ724 billion, with over 43 million shares traded.
Foreign investors recorded a net buying session on Monday, purchasing shares worth over VNĐ125 billion on the HoSE. — VNS