📊 Vietnam Financial Bulletin – August 25, 2025 – VN-Index Drops to 1,614 Points, “Banking Collapses”, VIC Becomes the Final Support 

The first trading session of the week (August 25, 2025) witnessed the VN-Index continuing its sharp correction – the second consecutive session – falling back to 1,614 points due to heavy sell-off pressure from large-cap stocks, especially the banking sector. However, VIC and several other blue-chip stocks played the role of a support pillar, preventing the market from plunging deeper

1. VN-Index: Market Corrects Sharply After Hot Peak

• The VN-Index lost 31.44 points (−1.91%), closing at 1,614.03, marking its second consecutive decline, with the index at one point dipping close to the 1,600 level.
• Since its recent peak just a few sessions ago, the market has erased nearly 74 points over two straight correction days.
• Session recap: The market opened with slight gains but quickly reversed, as heavy selling pressure from large-cap stocks dragged the index down throughout the afternoon.
   

2. Banks “Collapse” – The Most Negative Contributor

• The entire banking sector sank into the red, with several stocks hitting their daily limit-down such as VPB, TPB, VIB, OCB, MSB.
• Major players like ACB, SHB, BID, CTG, and TCB fell 2–6%, making banks the biggest drag on the VN-Index.
• This group had previously rallied strongly, but now faces intense profit-taking pressure.

3. VIC & Blue-Chip Stocks: Limited Downside Support

• VIC jumped 5.56% to VND 131,000, contributing significantly to prevent the VN-Index from falling further – pushing Vingroup’s market cap above VND 500 trillion for the first time.
• Other blue-chip names provided minor support such as VHM (+0.3%), SSI, VJC, and GAS, helping cushion the overall market.
   

4. Thanh khoản sụt giảm, dòng tiền phân hóa mạnh

• VIC surged 5.08% to VND 121,400, contributing 5.7 points to the VN-Index – acting as a “brake” that kept the market from sliding deeper.
• VHM climbed 5.43%, adding 5.15 points, highlighting a strong recovery from the real estate group.
• VRE also managed to reverse into positive territory, closing +0.17% after facing earlier selling pressure.
   

5. Macroeconomics: Lacking New Supportive Drivers 

• There were no notable macroeconomic updates on August 25 such as interest rate policy, FTZ news, or credit growth. The market’s decline mainly stemmed from profit-taking sentiment and mild portfolio restructuring.
• Although global markets are hopeful about a possible Fed rate cut in early September, this expectation has yet to deliver positive momentum for Vietnam’s stock market.

6. Expert Recommendations: Stay Calm – Expect a Technical Rebound Around 1,600

• SHS warned that the market has already peaked in its recent hot rally, suggesting investors consider light profit-taking.
• VCBS projected further technical corrections, with the nearest support zone at 1,600–1,610 points.
• Vietcap and BSI offered a softer stance, arguing this is just a normal pullback and a short-term rebound could occur if liquidity returns.
   

7. Technical Analysis: RSI & MACD Weaken, 1,600 Is the Key Support  

• According to VCBS, the RSI has exited the overbought zone, while the MACD is trending downward, signaling short-term bearish momentum.
• The nearest technical support lies at 1,600–1,610 points. Failure to hold this level could trigger a deeper decline, but if buying demand strengthens here, a short-term rebound may unfold.

Conclusion: The August 25 session saw the VN-Index heavily weighed down by banking stocks and continued net foreign selling, leading to a sharp market correction. However, blue-chips like VIC and a few others acted as stabilizers, preventing a steeper drop. The 1,600–1,610 zone remains a critical support for short-term recovery prospects. Investors are advised to maintain higher cash positions and closely monitor this technical adjustment.
 
 

*Disclaimer: The content of this report is provided for general information and reference purposes only. MaiMoney accepts no legal responsibility for any errors or omissions. This article does not constitute financial, legal, or professional advice. For personalized consultation, please contact a trusted advisor or expert.