Vietnam’s stock market extended its pullback on January 15, with both the VN-Index and VN30 falling sharply by mid-morning amid intensified profit-taking.
The VN-Index dropped 28.45 points (-1.50%) to 1,865.99, as of 10.15am, while the VN30 slid 27.29 points (-1.32%) to 2,039.81, signalling renewed selling pressure in large-cap stocks after the market failed to hold above the record 1,900-point level earlier in the week.
Trading on the Ho Chi Minh Stock Exchange remained active, with trading value exceeding VND10.7 trillion by mid-session, highlighting strong liquidity despite the decline. Both the VN-Index and VN30 traded in wide intraday ranges, underscoring heightened volatility.
Analysts said the retreat reflects short-term profit-taking following recent gains, with markets entering a consolidation phase as investors reassess positions near key resistance levels.