Db X-Trackers FTSE Vietnam UCITS ETF (03087.HK) Rises 0.90% as VN-Index Breaks 1,700-Point Mark

NewTimeSpace News: As of 10:34 on October 22, Db X-Trackers FTSE Vietnam UCITS ETF (03087.HK)stood at HKD 303.200, up 0.90%. The ETF opened at HKD 301.000, with the latest net asset value (NAV) at HKD 295.187, a 52-week high of HKD 343.000, a 52-week low of HKD 273.600, a turnover of approximately HKD 312,200, and assets under management of approximately HKD 2.625 billion.

On the news front, the Vietnamese stock market staged a strong rebound on October 21. The VN-Index surged 46.7 points, or 2.76%, to close at 1,738.67, successfully breaking through the psychological threshold of 1,700 points and marking its largest single-day gain since April 8, 2026. Market liquidity expanded significantly, with turnover 51.6% above the 20-day average. Foreign investors turned net buyers after 20 consecutive sessions of net selling, with net inflows of approximately VND 192.93 billion, focusing on MSN, VIC, and TCB.

On the macro front, United Overseas Bank (UOB) raised its 2026 GDP growth forecast for Vietnam from 8.5% to 9.2%, and its 2027 forecast from 8.4% to 8.8%. Vietnam's GDP grew 9.95% year-on-year in Q3 2026, with average growth of 9.01% in the first nine months, driven by 12.5% growth in industry and construction and 9.54% growth in services. FDI registered capital surged 76.4% year-on-year to USD 50.36 billion in the first nine months, with disbursed capital up 12.1% to USD 21.07 billion, a five-year high for the same period.