Market Overview

The VN-Index experienced a significant decline, closing 77.88 points lower after a previous drop of 19.17 points. Trading volume on the Ho Chi Minh Stock Exchange saw a 40% decrease, amounting to VND25.303 trillion (US$972.3 million).

Blue Chips in Red

The VN-30 basket, which includes the 30 largest capped stocks, witnessed all its tickers fall, with 24 hitting the floor price. Notably, sectors less directly impacted by U.S. President Donald Trump’s new tariffs, such as banking and retail, also faced steep declines.

Notable Declines

VHM of property giant Vinhomes decreased by 6.56%, VIC of private conglomerate Vingroup dropped 5.49%, and LPB of Fortune Vietnam Bank slid 5.31%. Additionally, VJC of budget airline Vietjet closed 4.29% lower, SAB of brewer Sabeco lost 1.73%, and SSB of SeABank was down 1.04%.

Foreign Investors' Role

Foreign investors emerged as net sellers, offloading VND1.72 trillion worth of stocks, with significant sales in FPT of tech giant FPT Corporation and MBB of lender MB.

Broader Market Impact

The HNX-Index for mid and small caps on the Hanoi Stock Exchange fell by 7.34%, while the UPCoM-Index for the Unlisted Public Companies Market decreased by 7.27%.