The VN-Index posted a fairly strong performance during the first half of the morning session, peaking at 1,352.01 points, up 5.2 points, before slipping, then recovering in the afternoon to close in positive territory.
After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
Although tensions in the Middle East persisted, investor confidence improved markedly after the weekend, leading to a broad recovery in Việt Nam’s stock market on Monday, accompanied by a rise in net buying from foreign investors.
Some overseas Vietnamese firms, such as KD Trading, have boldly imported ST25 rice, helping to boost brand awareness in Canada. Việt Nam has now entered the list of the top five rice exporters to the Canadian market.
The Ministry of Industry and Trade will launch the “Digital Transformation for Traditional Market Vendors” programme on June 14 during the “Cashless Payment: Driving Force of the Digital Economy” seminar.
From the opening of the Monday morning session, selling pressure weighed heavily across the board, dragging the VN-Index down steadily until the close.
According to market analysts, the medium-term uptrend remains intact, but the current correction is seen as a healthy phase for the VN-Index to consolidate momentum before potentially targeting the 1,398–1,418-point resistance zone in the weeks ahead.
Industry analysts believe that the sweeping price cuts and demand-stimulus measures introduced earlier this month are critical steps to revitalise Việt Nam’s auto market following a prolonged period of sluggish sales.