Ho Chi Minh City, February 22, 2026, 15:45 ICT — Market closed.
- HoSE and HNX are set to resume trading on Monday after the Tet break.
- VN-Index last closed at 1,824.09 points, with liquidity still below its 20-session norm.
- Brokers are watching whether the index can clear 1,830–1,850 on returning volume.
Vietnam shares reopen on Monday after the Lunar New Year break, with traders on the Ho Chi Minh Stock Exchange watching whether the VN-Index can push through the 1,850 area and pull cash back into the market.
HoSE and the Hanoi Stock Exchange were shut from Feb. 16-20 for Tet and resume trading on Feb. 23, after a nine-day break including weekends. The VN-Index last ended at 1,824.09 points on Feb. 13, up 10 points on the day, while matched trades across the market were worth 18.936 trillion dong, about 31% below the 20-session average, Danviet reported. (Dân Việt News)
That thin pre-holiday tape is part of the problem. The first sessions back tend to set the tone quickly, and a gap in liquidity can exaggerate moves in either direction.
In the last session before the break, the benchmark rose 0.55% for a third straight gain after swinging from an intraday dip close to the 1,790-point mark, Vietnam News reported. Foreign investors were net buyers on HoSE by more than 196 billion dong, with energy and securities shares among the stronger groups; Techcom Securities jumped more than 3.9%. (Vietnamnews)
At 1,824, the VN-Index sits below its 52-week high of 1,918.46, a reminder that the market has already priced in a lot of optimism. The low for the past year was 1,073.61, Investing.com data showed. (Investing)
Brokerage notes over the weekend leaned constructive but flagged a crowded trade near resistance. VietCap Securities (VCSC) said the index could retest the prior peak around 1,920, while SSI and Thiên Việt Securities (TVS) put a nearer objective in the 1,830–1,850 zone; several houses flagged 1,780–1,800 as a key support band. (VnEconomy)
Nguyen Anh Khoa, head of analysis and research at Agriseco, said the VN-Index has risen in nine of the past 10 first weeks after Tet, a pattern he linked to money returning after the holiday. Bui Van Huy, deputy director at FIDT, warned that higher deposit rates can cap valuations, while Kafi analyst Nguyen Quoc Van said investors enter this year with a “profit buffer” that can temper pre-holiday selling. (cafef)
Technicians also see a market trying to reset rather than roll over. Vietstock’s technical desk said the VN-Index is above its 50-session simple moving average — a widely watched trend line — while the MACD momentum indicator has narrowed toward its signal line and the Stochastic oscillator has climbed out of “oversold”, a sign selling pressure may have eased. (Vietstock)
But the first week back can be noisy. If liquidity does not return and foreign buying fades, a move above 1,850 could stall and leave the index vulnerable to a drop back toward the 1,790–1,800 area.
Banks and energy are likely to be early tell-tales given their weight in the index and sensitivity to rates and oil. The Vingroup complex and large technology names have also been swing factors in recent sessions.
Markets will get their first clean read when trading resumes on Monday, Feb. 23, and the VN-Index either holds above 1,800 on broader participation or slips back into the pre-holiday range. The early cue will be volume and foreign flows, not just the closing level.
