Market index
VN-Index
The benchmark index of the Ho Chi Minh Stock Exchange. As a frontier-market gauge shaped by manufacturing relocation and domestic growth, it signals whether risk appetite for emerging Asia is reviving.
VN-Index latest observations
- Observed
- 2026-11-09
- Latest
- 1,705 pt
- Change from previous
- ▼ -20.06 pt
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
VN-Index: latest value and prior change
As of 2026-11-09, VN-Index is 1,705 pt. It is 20.06 pt lower than 1,725 pt on 2026-11-06.
Across 178 available observations from 2026-02-25 to 2026-11-09, the latest value is at the tie-adjusted 16th percentile.
- Observed on
- Default comparison window
- 2026-02-25–2026-11-09
- Observations · observed cadence
- 178 · Daily
- Data source
- Naver Finance
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-08-13 → 2026-11-09 · pt
- First
- 1,766 pt
- 2026-08-13
- Latest
- 1,705 pt
- 2026-11-09
- Window low
- 1,690 pt
- 2026-10-19
- Window high
- 1,853 pt
- 2026-09-04
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
VN-Index
2026-02-25–2026-11-09
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-11-09 | 1,705 pt | 2026-11-06 | -20.06 pt |
| 2026-11-06 | 1,725 pt | 2026-11-05 | -15.37 pt |
| 2026-11-05 | 1,741 pt | 2026-11-04 | 7.71 pt |
| 2026-11-04 | 1,733 pt | 2026-11-03 | 33.40 pt |
| 2026-11-03 | 1,700 pt | 2026-11-02 | -11.10 pt |
| 2026-11-02 | 1,711 pt | 2026-10-30 | -30.90 pt |
| 2026-10-30 | 1,742 pt | 2026-10-29 | -13.99 pt |
| 2026-10-29 | 1,756 pt | 2026-10-28 | -11.04 pt |
| 2026-10-28 | 1,767 pt | 2026-10-27 | 4.78 pt |
| 2026-10-27 | 1,762 pt | 2026-10-26 | -1.68 pt |
Source: Naver Finance
Interpretation guide
The VN-Index: the emerging market Korean capital knows best
The VN-Index aggregates every listing on the Ho Chi Minh Stock Exchange, capitalization-weighted. Korea is among Vietnam's largest investors and Korean funds and retail investors hold broad exposure, so the index doubles as a frontier-Asia risk gauge and a read on the manufacturing base many Korean companies depend on.
What the index contains
Banks, property, and consumer names anchor the index, with large conglomerates like the Vingroup family carrying outsized influence. Foreign ownership limits and thin liquidity make flows lumpy and swings frontier-sized.
- A bank-led index means the credit cycle and property market drive much of the direction.
- Recurring MSCI emerging-market upgrade hopes act as a periodic re-rating catalyst.
- Daily price limits (±7%) and thin liquidity amplify volatility in both directions.
The link to Korea
Vietnam is a core production base for Korean manufacturing — roughly half of Samsung's smartphones are built there. Its economy feeds back into Korean intermediate-goods exports and local subsidiary earnings, and Korean investors hold meaningful Vietnam exposure.
- A strong Vietnamese export cycle lifts Korean intermediate-goods shipments to Vietnam.
- The stronger the China-plus-one supply-chain shift, the larger Vietnam's expected benefit.
- Dong depreciation pressure can pair foreign outflows with index corrections.
Uses and misreads
With a long growth story and high volatility, extrapolating short-term VN-Index swings into a broad EM signal is the standard misread. Use it as a risk-appetite thermometer and a long-horizon allocation reference.
- VN-Index and KOSPI rallying together marks broad Asian risk appetite.
- In sharp rallies, account for distortions like premiums on foreign-limit-full names.
- In rising US-rate phases, frontier markets like Vietnam tend to correct harder.