Stock Market

Following the Vietnamese stock market's ascent to new heights and its official upgrade to secondary emerging market status, investor focus is shifting towards stocks with unique narratives, particularly within the energy sector. However, several energy stocks are currently lagging significantly behind the broader market's momentum.

The final day for funds to complete their portfolio restructuring is anticipated to be October 31, 2025.

The VN-Index has just experienced its most robust weekly gain in history, consistently reaching new highs following the market upgrade catalyst. However, analysts caution that the rally is primarily driven by a handful of blue-chip stocks, with market liquidity showing signs of divergence. After the initial reaction to the upgrade news, the market is expected to refocus on fundamental factors.

The cryptocurrency market is still reeling from a historic crash that liquidated over $20 billion across exchanges, leaving it struggling to recover.

Historically, Vietnam's bull market phases have typically endured for approximately two years, delivering cumulative returns exceeding 130% before transitioning into corrective periods.

Last week, following the stock market upgrade, the VN-Index surged by over 100 points, yet many investors were left in tears.

FTSE's updates could spark an immediate market response, but VNDirect anticipates a subsequent shift back to fundamentals as the driving force.

VPS 2.0 marks the next evolutionary phase of VPS, set to unfold following its anticipated IPO in 2025. Post-IPO, VPS is poised to secure substantial capital, fueling a robust momentum for this transformative growth stage.

J.P. Morgan has revised its 12-month target for the VN-Index upward, setting a base-case scenario at 2,000 points and an optimistic scenario at 2,200 points. This adjustment reflects a potential 20–30% increase from current levels, signaling confidence in the market’s growth trajectory.

On October 10, 2025, in Ho Chi Minh City, AgriS (Thanh Thanh Cong - Bien Hoa JSC, HOSE: SBT) successfully hosted the AgriS Stakeholder Meeting 2025. The event brought together over 130 professional investors and leading financial institutions, including securities companies, investment funds, banks, financial media outlets, and domestic and international partners.