I. Market Analysis of the Base Stock Market on October 13, 2025
Key indices continued their upward trend during the October 13 trading session. Specifically, the VN-Index rose by 1.01%, reaching 1,765.12 points, while the HNX-Index also increased by 0.63%, closing at 275.35 points.
Trading volume on the HOSE floor surged by 23.3%, exceeding 1.2 billion units. The HNX floor recorded over 130 million matched units, a 43.7% increase compared to the previous session.
Foreign investors continued to net sell on the HOSE floor, with a value of nearly 1.2 trillion VND, while they returned to net buying on the HNX floor, with a value of approximately 73 billion VND.
Foreign Investors’ Trading Value on HOSE, HNX, and UPCOM by Date. Unit: Billion VND
Net Trading Value by Stock Code. Unit: Billion VND
Following a turbulent weekend in the global financial markets due to escalating U.S.-China trade tensions, Vietnam’s stock market entered the week’s first trading session with noticeable polarization. A few blue-chip stocks continued to support the VN-Index, keeping it above the reference level for most of the morning. However, the overall market breadth favored declines, indicating highly selective investor sentiment. In the afternoon session, real estate stocks took center stage, boosting buying interest and investor confidence. The positive momentum spread, propelling the VN-Index to accelerate gains by over 17 points, closing at 1,765.12 points.
In terms of influence, VIC remained the leading driver, contributing 12.6 points to the VN-Index. Additionally, stocks like TCB, VRE, VJC, and VHM added a combined total of over 7 points. Conversely, VCB and HPG were the most significant drags, subtracting more than 3 points from the index.
Top Stocks Influencing the Index. Unit: Points
The VN30-Index continued its strong rally, gaining nearly 32 points to reach 2,012.28 points. The basket’s breadth favored buyers, with 17 gainers, 10 decliners, and 3 unchanged stocks. Notably, VIC and VJC stood out with impressive gains, while VRE and TCB also shone with increases of 6.6% and 5%, respectively. On the downside, FPT and HPG lagged, both adjusting downward by over 2%.
Among sectors, real estate took the spotlight with a remarkable 3.81% gain. Beyond the continued momentum from Vingroup stocks, strong buying interest in the sector lifted CEO, HDC, and CRV to their upper limits, alongside numerous stocks rising over 2%, including NVL, KBC, DXG, TCH, PDR, VPI, DIG, SCR, and IJC.
Essential consumer goods followed with a 2.25% increase, led by MCH (+8.04%), VNM (+2.56%), MSN (+1.07%), MML (+3.4%), and ANV (+1.68%).
Meanwhile, the materials sector faced pressure from stocks like HPG (-2.03%), HSG (-1.58%), NKG (-2.79%), DCM (-2.33%), DPM (-1.02%), HT1 (-1.38%), and PLC (-3.42%). However, bright spots emerged, such as GVR (+1.6%), DGC (+1.7%), PTB (+1.48%), DDV (+3.7%), and notably, mining stocks like KSV, MSR, BKC, and KCB, all hitting their upper limits.
Conversely, the information technology sector underperformed with a 2.11% decline, as major stocks in the sector plunged into the red, including FPT (-2.19%), CMG (-1.75%), ELC (-2.67%), and DLG (-1.43%).
The VN-Index formed a Three White Soldiers candlestick pattern, accompanied by trading volume remaining above the 20-session average, reflecting prevailing optimism. The index is closely tracking the Upper Band of the Bollinger Bands, while the MACD indicator continues to rise after giving a buy signal. This suggests that the positive short-term growth outlook remains intact.
II. Price Trend and Volatility Analysis
VN-Index – Formation of the Three White Soldiers Pattern
The VN-Index formed a Three White Soldiers pattern, accompanied by trading volume remaining above the 20-session average, reflecting prevailing optimism.
The index is closely tracking the Upper Band of the Bollinger Bands, while the MACD indicator continues to rise after giving a buy signal. This suggests that the positive short-term growth outlook remains intact.
HNX-Index – MACD Likely to Give a Buy Signal Again
The HNX-Index rebounded and is testing the 50-day SMA.
The MACD indicator continues to narrow its gap with the Signal line and is likely to give a buy signal in the coming sessions. If confirmed, the index’s short-term outlook will become more positive.
Capital Flow Analysis
Smart Money Movement: The Negative Volume Index of the VN-Index is above the 20-day EMA. If this condition persists in the next session, the risk of a sudden downturn (thrust down) will be mitigated.
Foreign Capital Movement: Foreign investors continued to net sell in the October 13, 2025, trading session. If foreign investors maintain this action in the coming sessions, market volatility may increase.
III. Market Statistics for October 13, 2025
Economic Analysis & Market Strategy Department, Vietstock Consulting Division
– 17:30 October 13, 2025
Afternoon Technical Analysis, October 13: Soaring to New Heights
The VN-Index has continued its upward trajectory, reaching an all-time high. With the previous peak from September 2025 (around 1,700–1,711 points) now decisively broken, this level shifts from resistance to a robust support zone. Meanwhile, the HNX-Index has rebounded, testing the Middle line of the Bollinger Bands.
VN-Index Surges in Q3/2025, Boosting Open-Ended Funds
Q3/2025 marked a remarkable milestone for Vietnam’s stock market as the VN-Index surged over 20% in just three months, recording one of the most robust recoveries since the COVID-19 pandemic. This growth not only reflects an improved market sentiment but also delivers exceptional returns for many open-ended funds, particularly equity-focused portfolios.
Post-Upgrade Surge: Stock Shares Attract Major Investment
After a period of subdued anticipation awaiting the market upgrade results, the stock market surged dramatically during the week of October 6–10. The official announcement of FTSE’s upgrade to emerging market status (on October 8) unlocked psychological barriers and fueled a robust rally in both indices and liquidity.
Market Pulse 13/10: Blue-Chip Stocks Steady the Beat, VN-Index Stays in the Green
The upward momentum was well-sustained across key indices during the morning session, largely driven by strong contributions from blue-chip stocks. At the midday break, the VN-Index climbed over 7 points (+0.42%), reaching 1,754.91, while the HNX-Index also rose by 0.38%, settling at 274.66. However, the overall market breadth remained less optimistic, with sellers dominating as 446 stocks declined compared to 221 that advanced.
Expert Insights: Major Capital Inflows Signal VN-Index’s Potential to Surge by 20–30%
Experts advise investors against chasing prices at all costs. Instead, they recommend adopting a phased investment strategy, gradually allocating funds over time.
