(VOVWORLD) - The Vietnamese stock market opened its first trading session of the Year of the Snake 2025 on Monday.
Analysts expected the market to recover to the 1,300-point threshold. According to Deputy General Director of Vietnam Construction Securities Company Do Bao Ngoc, the market may show more positive signs after the Lunar New Year holiday.
In the last trading session before the Tet holiday, the VN-Index surpassed the 1,260-point mark. After the holiday, the index is likely to fluctuate around 1,280-1,300 points. In the medium to long term, the VN-Index could reach between 1,400 and 1,450 points, with liquidity expected to improve significantly compared to January.
According to ACBS Securities Company Limited, a key opportunity for Vietnam’s stock market in 2025 is an upgrade in market classification. This year will serve as a pivotal time for the Vietnamese stock market to be reclassified as an emerging market by the FTSE market rating organization. This upgrade is expected to attract foreign capital inflows from ETFs (exchange-traded funds), and actively managed funds, and to potentially raise market valuations. As a result, it would support the upward momentum of large-cap stocks.