Although forecasts from experts confirm that the Vietnamese stock market will almost certainly pass the March 2026 review of FTSE Russell, the official information announced on April 8 has brought joy to investors and the Vietnamese stock market.
Investor excitement helped VN-Index rebound strongly and at one point this index recorded nearly 75 points of increase right from the beginning of today's trading session.
However, the index then cooled down and closed the morning session with an increase of 3.5% (equivalent to 59 points) to 1,736.2 points. Cash flow continuously being pushed into the market helped many stock codes fall into a state of "sold out" in the second half of the afternoon session.
Closing the trading session on April 8, VN-Index increased by 79 points (equivalent to 4.71%) to 1,756.5 points. The entire HOSE recorded 322 gainers, of which 25 gained the ceiling price. Conversely, only 27 decliners, of which 2 declined to the floor price.
This is the highest gaining session in the history of the Vietnamese stock market. The previous record was the trading session on April 10, 2025 with more than 70 points of increase (equivalent to 6.62%), after US President Donald Trump's decision to postpone taxes.
Green also occupied almost the entire VN30 board with 29/30 gainers. The only code in the VN30 basket that ended the session in red was LPB. Notably, the VN30 Index also set a record for increasing points with 90 points (equivalent to 4.89%) to 1,931 points.
Liquidity on the HOSE exchange in today's session regained its "performance" with more than 1.2 billion shares transferred, equivalent to a transaction value of 33,370 billion VND.
However, contrary to market expectations, foreign investors only net bought VND 200 billion on the HOSE exchange throughout today's session. The reason stemmed from the action of selling VND 1,167 billion for the VIC code. Followed by 2 bank codes MBB (VND 301 billion) and VCB (VND 211 billion).
Vietnam's passing the mid-term review of FTSE Russell and progressing to upgrade to the secondary emerging market is assessed by experts from SSI Securities Company as meeting expectations. However, the noteworthy point is that the impact of this event did not happen immediately.
According to SSI's research, experience from markets such as Qatar, UAE, Kuwait, Saudi Arabia, Romania and Iceland shows that the post-upgrade diễn biến is not consistent. Some markets recorded adjustments in the first year. However, in the medium term, most achieved growth of 20-50% within 3 years.
This shows that upgrades play a role as a medium-term driving force, instead of creating an immediate price increase effect. Experts emphasize that market developments still depend on fundamental factors such as macroeconomics, profit growth and valuation. Vietnam currently maintains these factors at a favorable level compared to many markets in the same group.
SSI's analysts emphasize that investors should not trade in the short term based on upgrade information. Upgrade is a process of changing the views of international investors on the Vietnamese market. Running after short-term fluctuations may miss long-term opportunities. According to SSI, the market will move on a roadmap, in which the fundamental factor still plays a decisive role.
