How does the Vietnamese stock market typically fluctuate after Tet?

Tết Nguyên đán is the longest holiday in Vietnam, a time when almost all important work is put aside to make way for family gatherings.

The stock market is no exception and also enters a “holiday”. However, during that period, the global economy still operates and there are continuous “hot” news released.

According to statistics from VietstockFinance, the weekly trading trend in the first week after Tết Nguyên đán in the recent 5-year period from 2019 – 2023 shows that the result tends to be “green” with up to 3 years of increase on both VN-Index and HNX-Index (2019, 2021, 2022), with a particularly strong increase in 2021, continuing the recovery from the second half of 2020 and setting the stage for the Vietnamese stock market to reach a historic milestone of 1,500 points at the end of that year. Foreign investors also showed enthusiasm with 3 years of net purchases, with the strongest buying in 2021 and 2023.

Below are the main figures on the Vietnamese stock market performance in the first week after the Tết Nguyên đán holidays over the past 5 years.

Huy Khải