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HANOI - Vietnam’s stock market reached a record high in July, with the VN-Index rising approximately 9% and peaking at 1,557 points, according to a monthly investor report released by VietNam Holding Limited.
The market rally occurred despite global tariff concerns and geopolitical uncertainties, supported by record daily trading volumes and improved investor sentiment. The strong performance coincides with Vietnam’s economy expanding by 7.52% in the first half of 2025, the fastest first-half growth rate in 15 years.
Vietnam’s trade surplus increased to $10.2 billion in July, while registered foreign direct investment rose 27.3% to $24.1 billion for the first seven months of 2025, according to the report.
Manufacturing sentiment also showed improvement, with the Purchasing Managers’ Index (PMI) reaching 52.4 in July, marking its first expansionary reading in four months.
The Vietnamese government continues to support economic growth through its $36 billion public spending program, aimed at helping the country advance beyond middle-income status. This initiative, combined with fiscal and monetary easing measures, is building momentum for sustained domestic growth.
While external challenges remain, including concerns about U.S. tariff policies, a recent agreement capping most export tariffs at 20% has alleviated some immediate worries. Vietnam’s increasing focus on domestic demand and infrastructure investment is providing some insulation from external economic pressures.
The VietNam Holding Limited fund reported a 6.5% increase in Net Asset Value per share for July, though this performance lagged behind the benchmark index. The fund maintains a concentrated allocation with over 60% of its Net Asset Value in its top ten holdings, primarily in banking, consumer, and industrial sectors.
The information in this article is based on a press release statement from VietNam Holding Limited.
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