Vietnam Market Sets Record, Eyes 8th Week of Gains
2026-05-15 02:50
By
Farida Husna
1 min. read
Vietnam’s stocks extended gains to a record high of 1,929 in early Friday trade, poised for an eighth straight weekly advance.
Sentiment was buoyed by recent Moody’s upgrade of the country’s credit outlook to “positive” from “stable,” while affirming its Ba2 rating.
Meantime, the central bank pledged support for production and business activity to help achieve the government’s five-year goal of double-digit growth, even as policymakers held the 2026 inflation target at 4.5% amid mounting price pressures from the Iran war.
In the U.S., equities ended higher overnight, supported by optimism that the ongoing summit between U.S.
President Trump and Chinese leader Xi Jinping will help ease global trade tensions.
Gains were led by commercial services, process industries, and financials, though weakness in energy minerals and consumer durables capped strength.
Top movers included Power Generation (1.7%), Vietnam Rubber Group (1.4%), Masan Consumer Corp.
(0.8%), and Vietnam Airlines (0.7%).