Vietnam’s Hanoi market opened Wednesday with mixed signals, reflecting subdued investor confidence and continued selectivity across sectors. The HNX-Index showed limited movement in early trade, mirroring broader caution in the domestic equity landscape.
Muted start to the session
Trading at the Hanoi Stock Exchange began quietly, with low turnover and narrow price movements. Investors appeared hesitant to commit fresh capital, following recent volatility and ongoing foreign selling pressure.
Selective sector interest
Banking and energy stocks saw sporadic buying, though gains were uneven. Smaller-capitalisation stocks continued to face headwinds, as risk appetite remained constrained and liquidity thin.
Foreign participation remains key
Market observers noted that foreign investor behaviour continues to exert outsized influence on Vietnamese equities. Until clearer signs of sustained inflows emerge, sentiment is likely to remain fragile.
Longer-term fundamentals intact
Despite near-term caution, Vietnam’s structural growth narrative remains intact, supported by manufacturing expansion and demographic trends. However, investors appear content to wait for clearer policy and macro signals before re-engaging more forcefully.
Newshub Editorial in Asia – 28 January 2026
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