VN30 Index Extends Three-Day Rally, Approaching 2000-Point Mark! Csop Ftse Vietnam 30 Etf (03004.HK) Gains Over 1.2% Intraday
NewTimeSpace News:On April 17, the VN30 Index extended its three-day rally, approaching the 2,000-point threshold. By sector, buying momentum showed improvement in aviation, real estate, and securities.Csop Ftse Vietnam 30 Etf(03004.HK) surged over 1.2% in intraday trading!
Wind data shows the fund has jumped 65.48% over the past year. Since August 2025, the Vietnamese market has entered a strong upward trajectory. The VN30 Index accumulated gains of approximately 32% from the start of the year through mid-December, rebounding over 57% from its April lows and hitting fresh record highs multiple times.
According to HKEX data,Csop Ftse Vietnam 30 Etf(03004.HK) tracks the VN30 Index, covering the 30 stocks with the largest market capitalization and highest liquidity in Vietnam, spanning core sectors including banking, real estate, consumer, and energy—effectively Vietnam's equivalent of the CSI 300. This fund is currently the only ETF in the Hong Kong market that fully tracks the Vietnam VN30 Index, filling the gap for Chinese and offshore investors seeking exposure to Vietnam.
FTSE Russell, the index brand under London Stock Exchange Group (LSEG), announced it will upgrade Vietnam to "Emerging Market" status. This move recognizes the progress Vietnamese authorities have made in market reforms, particularly the abolition of the "foreign investor advance funding obligation" at the end of 2024, which was seen as a key factor enabling this upgrade. Following an interim review in March 2026, the reclassification will take effect in September.
On April 2, the Ho Chi Minh City Department of Finance confirmed in its quarterly socio-economic assessment report that TikTok has completed an additional investment of US$125 million in Vietnam. The funds are designated for the "Information and Communications" sector, though TikTok's ambitions clearly extend beyond this domain.
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