At the beginning of the trading session on May 7, the aftermath of the selling momentum at the end of yesterday afternoon opened the market in red.
However, very quickly, cash flow has entered the market, heading towards real estate stocks, electricity has pulled the VN-Index back to green and towards the 1,250 point mark.
At the end of today's trading session, the VN-Index increased by 8.42 points, to 1,250.37 points; the HNX-Index increased by 0.52 points, to 213.41 points. The width of the whole market is leaning towards green with the buyers having 402 codes increased and the sellers having 337 codes decreased.
Green has somewhat dominated the VN30 basket with 14 codes increasing, 11 codes decreasing and 5 codes standing at prices.
Market liquidity decreased compared to the previous trading session, with the trading volume matched by the VN-Index reaching more than 696 million shares, equivalent to a value of more than VND 15,400 billion; the HNX-Index reached more than 58.9 million shares, equivalent to a value of more than VND 932 billion.
Foreign transactions continued to be a bright spot when they bought a strong net of nearly VND892 billion in the whole market. The real estate stock duo DXG and NLG were net bought the most in the whole market with values of 105 billion and 102 billion VND respectively, while GEX shares were also net bought with a value of 101 billion VND. Next, VCI and NVL stocks were both net bought for about VND76-90 billion.
In contrast, VRE shares were net sold by foreign investors with a value of VND78 billion, VCB was also net sold VND58 billion. Following that, other stocks were also net sold for tens of billions of VND, including SSI (47 billion VND); CTD (31 billion VND)...
In terms of impact, VIC, VHM, BSR and HVN are the stocks that have the most positive impact on the VN-Index with an increase of more than 5.4 points.
Notably, Vingroup's shares.Accordingly, on May 13, more than 1.79 billion VPL shares of Vinpearl will officially be listed on the HOSE.The reference price on the first trading day is VND 71,300/share, equivalent to a valuation of nearly VND 130,000 billion (about USD 5 billion).
This figure puts Vinpearl in the top most valuable enterprises on the stock exchange, surpassing notable names such as Masan, Vinamilk and many banks. Vingroup is currently the largest shareholder of Vinpearl, owning more than 1.5 billion VPL shares, equivalent to 85.5% of charter capital. Temporarily calculated according to the valuation at the time of listing, the market value of these stocks reached nearly VND 110,000 billion.
After the information that Vinpearl (VPL) closed the opening date, the stock of parent company Vingroup (VIC) had a strong breakout session, thereby climbing to a 20-month peak.
At the end of the session on May 7, VIC's market price increased by more than 4%, closing at VND 73,400/share. Market capitalization is equivalent to nearly VND 270,000 billion (equivalent to USD 10.5 billion).
The sharp increase in VIC shares pushed billionaire Pham Nhat Vuong's asset value to skyrocket. It is estimated that the value of Mr. Pham Nhat Vuong's assets on the Vietnamese stock exchange is about VND150,000 billion (US$5.9 billion).
According to the latest update from Forbes, Mr. Pham Nhat Vuong is the richest person in Vietnam with assets as of May 7 up to 8.7 billion USD. This figure puts the Chairman of Vingroup in 340th place in the list of the richest people in the world.
Regarding the business results of the first quarter of 2025, Vingroup recorded total consolidated net revenue of VND84,053 billion, up 287% over the same period in 2024 thanks to positive growth from the fields of industrial production and real estate development and business.
This is a record revenue that Vingroup achieved in a quarter.
Profit after tax reached VND 2,243 billion, up 68% over the same period in 2024. In 2025, billionaire Pham Nhat Vuong's group set a target of net revenue from production and business activities of about VND300,000 billion, and expected profit after tax of VND10,000 billion, up 56% and 90% respectively compared to 2024.
With the achieved results, Vingroup has implemented 28% of the revenue plan and 22,2% of the profit target after the first quarter of the year.
In the group of oil and gas stocks, PLX shares of Vietnam National Petroleum Group (Petrolimex) have a decreasing price and are trading at VND 33,500/share.
In the first quarter of 2025, Petrolimex saw revenue decline by 10%, nearly 67.9 trillion VND, equivalent to a decrease of more than 7.2 trillion VND. The capital price only decreased by 9%, leading to a gross profit of more than 3.7 trillion VND, down 21% over the same period.
Explaining the decrease, Petrolimex said that petroleum trading is facing many difficulties from global market developments.
WTI crude oil decreased from 77.8 USD/barrel at the beginning of the quarter to more than 67 USD/barrel at the end of the quarter, due to the impact of factors such as tariff policies, output decisions from OPEC+, geopolitical tensions and economic situation of major economies.
This has directly affected the selling price and led to increased provisions to reduce inventory prices at the end of the quarter in accordance with current regulations.
