FX.co ★ Vietnam Stocks Hit Over 3-Year High

As of midday on Tuesday, the VN-Index experienced a rise of 4 points, equivalent to a 0.3% increase, reaching 1,474. This marks the index's highest level since April 2022. The upward trend follows the announcement by the Trump administration on July 2 regarding the reduction of tariffs on Vietnamese imports to 20%, down from the earlier 46%. This policy shift, coupled with continuous foreign capital inflows and robust performances from leading stocks, has contributed positively to market sentiment.

In economic developments, Vietnam's GDP rose by 6.93% in the second quarter of 2025, representing the most significant quarterly growth rate since the third quarter of 2022. The United States remains Vietnam's primary trading partner, with exports to the U.S. comprising approximately 30% of Vietnam's GDP in the previous year. A variety of sectors witnessed positive trading activity, notably technology, consumer goods, and transportation. Leading gainers included Vnsteel Vicasa, Victory Capital, and Phuong Nam Cultural Joint Stock Company, each advancing by 7%, alongside Bibica Corp and FIT INVEST JSC, which both increased by 6.9%.