Viet Nam’s stock market recorded a weekly gain despite a decline of the market benchmark in the last session. Analysts from securities firms expected the market to continue its rally but recommended investors be more cautious and prioritise risk management at this moment.

Market regulators should consider policies to encourage companies listed on the Ho Chi Minh Stock Exchange (HoSE) to temporarily switch to the Ha Noi Stock Exchange (HNX), said CEO of VNDirect Securities Co Do Ngoc Quynh.

Viet Nam's stock market was mixed on Friday, ending its two-day rally after a long holiday.

The market opened the last trading day of the week on a negative note as many big stocks faced selling pressure.

The market maintained its rally on positive sentiment with some big stocks suddenly surging at the end of Thursday's session.

Strong attention from investors helped boost banks stocks’ value, but those of petroleum companies were the highlight of this morning trading session with many reached the ceiling, namely PVB, PVC, PVD, PVS, PVT, or PXS.

Viet Nam's stock market surged during yesterday's trade. The market reopened after the Tet holiday which started last Wednesday.

Shares rose on Wednesday morning after a week-long holiday with all sectors posting positive performance.

Banking sector is set to post a strong growth of 21-28% year-on-year in pre-tax profit in 2021, subsequently leading to higher value of banks stocks.