In the trading session on January 7, although there was a slight fluctuation when VN-Index was in the historical peak zone, the market quickly regained its breakthrough momentum with investor excitement, helping cash flow spread. In addition to Vingroup stocks, VN-Index received support from large and medium-cap stocks.
At the end of the trading session on January 7, VN-Index soared nearly 46 points, equivalent to 2.5%, to 1,861.5 points. This is also the highest point in the history of trading of the Vietnamese stock market.
Along with the record score, liquidity is considered a bright spot of HoSE with more than 1 billion shares transferred, equivalent to a transaction value of 32,890 billion VND.
The main contribution to today's breakthrough session, in addition to the 2 Vingroup codes (VIC, VHM), is also the support of large-cap codes such as VCB, BID, GAS, GVR, CTG, FPT, HPG... The most notable point in today's session is the cash flow spreading to the group of medium and small-cap stocks. In which bank stocks stood out with a series of names simultaneously increasing by over 3% such as CTG, VCB, BID.
However, not all bank shareholders enjoyed joy in today's session. Notably, STB code of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) faced strong selling pressure throughout. At one point, this stock reached the floor price of 52,800 VND/share before recovering slightly.
At the close of the session, STB shares stood at 53,400 VND/share, down 5.8% compared to the previous session and were the least attractive stock in the "bank" group in today's session. In just 1 week, STB's market price lost 11%, Sacombank's market capitalization is currently 100,670 billion VND, "flying" nearly 8,700 billion VND after only a few sessions of the new year 2026.
Along with strong market price fluctuations is liquidity, trading volume in the session is approximately 54 million units, corresponding to a value of more than 2,900 billion VND.
STB is also the stock that foreign investors dumped the most in today's session with a net selling value of more than 1,140 billion VND. Although selling STB strongly, in general, foreign investors still net bought 528 billion VND on the HoSE exchange. According to statistics, there are 6 stocks that foreign investors net bought more than 100 billion VND: FPT, HPG, VIC, MBB, VPB, VCB.
The VN-Index stock index is being agreed upon by many parties to forecast positive growth. On average, the forecast of securities companies for the VN-Index is about 1,920 points in 2026, relatively an increase of about 15% compared to the figure at the end of 2025. Outstanding with industry groups of interest such as banking, retail, energy...
However, experts also note that in the process of the market operating, the driving factors may change, not always the actual developments follow the initial forecast scenarios. Therefore, investors need to be flexible and closely monitor developments.
Regarding the macroeconomic outlook for 2026, Vietnam's economy is receiving great determination from the Government, with a strong and clear operating spirit. This creates confidence and motivation for efforts for sectors in the economy, including the business community and investors.
From a cautious perspective, many experts also emphasize that the relationship between economic growth and the stock market is not always synchronized.
Reality shows that there was a period when the stock market increased sharply when the economy faced difficulties, such as during the COVID-19 pandemic. Or in 2022, although the Vietnamese economy recovered well, the stock market faced many challenges.
Therefore, it is impossible to just look at the difficulties or advantages of the macroeconomy to decide whether to stay out or participate in the stock market.
From an investor's perspective, the Vietnamese stock market in 2026 has many opportunities, but it does not mean that it can be invested according to subjective psychology.
