On May 21, 2025, the stock market news bulletin recorded notable developments, providing investors with multi-dimensional news bulletins on trends and growth potential. Below is a summary of some of the highlights and analysis of the market situation in the form of a quick bulletin.
Vietnam's corporate bond market flourishes in March 2025
The value of corporate bond issuance in March reached VND10,699 billion, a sharp increase compared to February. Many large enterprises such as TTC Bien Hoa, VietinBank, and ACB announced new issuance plans in 2025. However, debt repayment pressure is still high with VND181,892 billion of bonds maturing in the remaining months of the year.
- Signal: Positive
- Impact on: SBT, CTG, ACB
- Comment: The corporate bond market has shown signs of positive recovery after a period of stagnation. However, it is still necessary to monitor the debt repayment capacity of enterprises in the context of many economic challenges.
Dragon Capital proposes tokenizing ETF in Vietnam, opening up new investment opportunities
Dragon Capital, Vietnam's leading fund management company, proposed tokenizing ETFs to increase liquidity, reduce investment barriers and extend trading hours to 24/7. This is considered a reasonable step to convert from traditional assets to digital assets in Vietnam.
- Signal: Positive
- Impact on: DCVFMVN30 ETF, SSIAM VNX50 ETF, VFMVN Diamond ETF
- Comment: This proposal can promote the development of Vietnam's ETF market, attracting more individual and institutional investors. However, a clear legal framework is needed to ensure safety and transparency for investors.
High prices, many state divestment deals fail
Many recent auctions of state shares have been cancelled due to lack of investors participating. The main reasons are the starting price being much higher than the market price and the lack of interest from foreign investors.
- Signal: Negative
- Impact on: DMC, CHP, REE
- Comment: Delayed state capital divestment may negatively affect equitization plans and attract investment capital. This may put pressure on the stock market in the short term, especially stocks related to state capital divestment.
Individual registered to sell more than 60 million HDBank shares, expected to collect over 1,300 billion VND
Mr. Nguyen Huu Dang, Chairman of the Board of Directors of Vikki Digital Bank, registered to sell all 60 million HDB shares (1.713% capital) from April 1-29. The transaction is to solve personal financial needs, expected to earn more than VND 1,300 billion at current market price.
- Signal: Neutral
- Impact on: HDB, VIB, TCB, ACB
- Comment: Large divestments may put short-term pressure on HDB’s price. However, HDBank’s positive business outlook in 2025 may help limit the negative impact. Banks in the same segment may also be indirectly affected.
Vinhomes expects a sudden profit growth of 1,254% in Q1/2025, leading the real estate industry
- Signal: Positive
- Impact on: VHM, VIC, NVL, DXG, KDH
- Comment: The forecast of strong profit growth of Vinhomes and leading real estate enterprises shows the recovery prospects of the industry. This can boost investor confidence, creating growth momentum for the stock market in 2025.
Saigonres Chairman spends 800 billion VND to buy shares, increasing ownership to 47,75% capital
Mr. Pham Thu, Chairman of the Board of Directors of Saigonres, registered to buy 20 million SGR shares through private placement at VND40,000/share, 5% higher than the market price. The proceeds will be used to pay off debts and invest in projects.
- Signal: Positive
- Impact on: SGR, VN-Index
- Comment: The company chairman buying a large amount of shares at a price higher than the market price shows confidence in the business's prospects. This can have a positive impact on investor sentiment, especially in the real estate sector.
Vietnam's stock market continued to decline slightly, liquidity dropped sharply in the afternoon session of March 27.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UpCoM-Index
- Comment: Cautious cash flow and the absence of leading groups make the market lack highlights. The sharp decline in liquidity shows that investors are cautious. However, some stocks still have positive developments such as SHB, FPT, helping to limit the market's decline.
Stock liquidity plummets, hits 1-month low as market struggles
- Signal: Negative
- Impact on: VN-Index, HoSE, banking stocks
- Comment: Low liquidity and a slight decrease in the index indicate investors' cautious sentiment. The correction trend may continue in the short term, especially in the banking group. However, foreign net buying is showing signs of improvement.
Foreign investors sharply reduced net selling pressure, reaching only over 100 billion VND in the session of March 27.
Foreign investors net sold 102.38 billion VND in the whole market, down 81% compared to the previous session and the lowest level since the beginning of the year, excluding net buying sessions.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The sharp decrease in net selling pressure from foreign investors is a positive signal, helping to support market sentiment. However, the decline in liquidity shows that investors are still cautious. It is necessary to monitor developments in the coming sessions.
HSBC expects Vietnam to have a chance to upgrade its stock market to Emerging Market status in 2025
Mr. Gary Harron, Head of HSBC Vietnam Securities Services, commented that the Vietnamese stock market has made significant progress over the past decade and is striving to meet FTSE Russell's criteria for upgrading. The upgrade could attract about $6 billion in foreign capital into the market.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, HOSE, HNX
- Comment: The prospect of market upgrade will create positive momentum for Vietnam's stock market in the short and medium term. This can promote foreign capital inflows into the market, improve liquidity and stock valuation, especially large-cap stocks.
The stock market news brief aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following the stock market news brief from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
