After two consecutive weeks of declines, Việt Nam's stock market rebounded, driven by strong performance in banking stocks and improved liquidity.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,272.87 points, down 1.17 points or 0.09 per cent. Market breadth remained negative, with 171 declining stocks, 149 advancing and 49 unchanged. Liquidity saw a sharp decline to approximately VNĐ13.7 trillion (US$537.48 million), marking a 27.1 per cent decrease compared to the previous session.

The VN30-Index, which represents the 30 largest stocks by market capitalisation on the HoSE, soared by 19.21 points, or 1.45 per cent, to settle at 1,342.48 points. Remarkably, all 30 stocks in the VN30 basket closed in positive territory.

Market breadth remained negative, with 184 stocks declining, 143 advancing and 44 unchanged. Liquidity surged to VNĐ15.9 trillion (approximately US$624.35 million), marking a 29.2 per cent increase compared to the previous session.

Vietnam’s stock market is showing promise with recent reforms and growing foreign investor interest, but unlocking its full potential will require addressing structural challenges.

Market breadth remained negative, with 184 stocks declining, 143 advancing and 44 unchanged. Liquidity surged to VNĐ15.9 trillion (approximately US$624.35 million), marking a 29.2 per cent increase compared to the previous session.

Market breadth leaned positive, with 209 advancing stocks surpassing 112 decliners. Trading liquidity on the southern bourse slightly decreased to approximately VNĐ12.8 trillion (US$482.7 million), with nearly 494.7 million shares changing hands.

Vietnam is one of the fastest-growing economies in the world, yet its stock market has been struggling for years, with the benchmark VN-Index hovering around 1,200 points.

The Hà Nội Stock Exchange has announced that on December 26, it will hold an auction to divest a block of Thăng Long JSC shares owned by State Capital Investment Corporation, with a starting price of over VNĐ222.6 billion (US$8.7 million).