Vietnam stock market just recorded a historic milestone as VN-Index officially surpassed the 1,300-point level in today morning trading session. This is the first time the main index of HOSE has reached this level, marking the remarkable maturity of Vietnam stock market after more than 24 years of operation.

The rally was led by banking and securities stocks, with VCB, BID, CTG, SSI, VND all hitting ceiling prices. Market-wide liquidity reached a record high of over VND 35,000 billion, indicating abundant domestic liquidity and extremely optimistic investor sentiment.

The most important factor driving this rally is the expectation that FTSE Russell will upgrade Vietnam from Frontier Market to Emerging Market status in the upcoming review. If upgraded, it is estimated that the market will attract an additional USD 5-8 billion from passive and active international investment funds.

Additionally, positive macroeconomic factors such as stable GDP growth, controlled inflation, and low interest rates also contribute to creating a favorable environment for stock market development.

Leading securities companies such as SSI, VNDirect, HSC all forecast VN-Index could reach 1,350-1,400 points this year. However, investors should also note risks such as exchange rate volatility, geopolitical tensions, and the possibility of technical correction after a strong rally.