Stock market investors experienced a forgettable trading session. A sea of red dominated the board, causing the VN-Index to close down nearly 95 points (-5.47%), settling at 1,636.43 points. In absolute terms, this marks the most significant decline in the 25-year history of Vietnam’s stock market.
However, amidst the gloom, a few sectors bucked the trend, offering a glimmer of hope. Notably, the Viettel group of stocks stood out.
By the close of the October 20th session, stocks like Viettel Global (VGI), Viettel Construction (CTR), Viettel Post (VTP), and Viettel Consulting & Design (VTK) saw unanimous increases ranging from 3.9% to 4.8%. Remarkably, VTP and CTR even touched “purple,” reaching their highest prices of 107,000 VND/share and 85,600 VND/share, respectively, during the record-breaking VN-Index decline.
Alongside the price surge, these stocks attracted robust trading volumes. CTR and VGI saw over 1 million shares traded, while VTP surged with more than 3.3 million units—a significant liquidity boost compared to previous sessions.
Viettel stocks shine green on October 20th.
In related news, on October 15th, Viettel Telecom—Viettel’s “golden goose” and Vietnam’s largest telecom provider—celebrated its 25th anniversary. The company set an ambitious goal: to become a global technology leader with a revenue target of 115 trillion VND by 2030, and non-telecom revenue exceeding 20%.
On the same day, at the international Open RAN Connect 2025 event, technology analyst firm Gartner recognized Viettel as a global provider of 5G Radio Access Network (RAN) infrastructure. This milestone lays the foundation for the company’s further expansion and development of a global technology ecosystem.
Business operations for these companies are also progressing positively.
According to VISecurities, Viettel Post currently dominates Vietnam’s logistics sector with a market share of approximately 17%.
In December last year, Viettel Post inaugurated Vietnam’s largest logistics industrial park, spanning nearly 144 hectares with an investment of 130 million USD. The company is also establishing a subsidiary in Guangxi Province, China, to expand its cross-border logistics network.
VTP is trending towards investing in infrastructure for new segments and deepening its presence in logistics areas like airports. These segments could enhance the company’s profit margins, complementing its traditional B2C services.
In terms of business performance, Viettel Post’s audited consolidated financial report for the first half of 2025 showed net revenue of nearly 10,023 billion VND, a slight 4.2% increase compared to the first half of 2024. After deducting costs, gross profit reached nearly 541.6 billion VND, up 38.4%.
After taxes and fees, Viettel Post reported a net profit of over 166.3 billion VND, a 14.3% increase year-on-year.
Viettel Global has emerged as one of the world’s top 11 foreign telecom investors in terms of markets with over 49% ownership, and ranks among the top 25 global telecom companies by subscriber count.
In the first six months, Viettel Global achieved 20,171 billion VND in net revenue, a 21.6% increase year-on-year, nearly five times the global telecom growth rate (4.7% according to GSMA). Net profit reached 2,357 billion VND, up 10%.
Additionally, Viettel Construction owns 8,447 BTS stations (mobile signal towers); 2.45 million m² of DAS; 2,716 km of transmission lines; and 16.92 MWp of solar energy as of September. Notably, 230 BTS stations are shared by two or more carriers, with a sharing ratio of 1.03. By 2030, the company aims to own 30,000 BTS stations.
Moving forward, Viettel Construction plans to expand its services to include residential construction, installation and integration of electronic and refrigeration equipment, technology, and maintenance services.
Market Rally Stalls Near Record Highs: What’s Next for Stocks Next Week?
Last week, after approaching the 1,800-point mark, the VN-Index reversed its course as blue-chip stocks cooled down. Analysts predict that the market will continue to oscillate and consolidate around the 1,700–1,750 range in the coming week before establishing a clearer trend.
What Should Stock Investors Do After a Record-Breaking Market Decline?
According to the expert, this phase will serve as a necessary “reset” step before the market can return to its upward trajectory.
Vietnam Stock Market Blues: VN-Index Plunges to Record Low, VN30 Sheds Over 100 Points in a Single Session
After two consecutive steep declines, the VN-Index has plummeted by a total of 130 points from its peak. This sharp drop has erased all the gains accumulated since early October.
Breaking: Securities Firms’ Lending Debt Hits Record High of Over 380 Trillion VND, Surging by 80 Trillion in One Quarter
Margin lending debt at Vietnamese securities companies reached an estimated VND 370 trillion by the end of Q3, a record high for Vietnam’s stock market and a VND 78 trillion increase from Q2.
Market Plunges by Nearly 95 Points: What Are Brokerages Saying?
Securities companies advise investors to prioritize reducing margin levels or bringing them back to a safe ratio, emphasizing that panic selling is unnecessary.
