On the morning of July 22, capital continued flowing into Vietnam’s stock market after a sharp drop in the VN-Index the previous day. By the close of the trading session, the VN-Index had rebounded by over 6 points to 1,491, recovering all it lost in the prior session. Total trading value on the Ho Chi Minh Stock Exchange (HoSE) reached nearly VND 17.2 trillion (approximately USD 675 million), 20% higher than the 20-day average.

Stocks under the “Vin” group recovered, accompanied by increased interest in bank, tech (FPT), aviation (VJC), and steel (HPG) shares, which collectively drove the market upward.

The standout performer of the morning session was VietJet's VJC stock. Despite foreign investors selling a significant volume of approximately 20.2 million shares and purchasing only around 380,000 shares, the stock still hit its daily price ceiling. The net foreign outflow was nearly 20 million shares through a negotiated deal priced at VND 94,000 (about USD 3.70) per share, totaling VND 2 trillion (around USD 78.5 million).

Despite heavy foreign selling, there were over 2.2 million shares queued at the ceiling price. VJC rose VND 6,600 (USD 0.26) to close at VND 101,700 (USD 4.00) per share.

In the previous session on July 21, VJC had already gained nearly 2%, reaching VND 95,100 (USD 3.74) per share, adding more than USD 140 million to Nguyen Thi Phuong Thao’s estimated net worth, pushing it to USD 2.8 billion, according to Forbes.

With a 7% ceiling gain in the July 22 session, her fortune is projected to rise by nearly USD 200 million, bringing her total wealth to around USD 3 billion. Thao is now the second-richest individual on Vietnam’s stock exchange, behind Pham Nhat Vuong, whose net worth stood at USD 11.9 billion as of July 21.

VietJet has recently received several pieces of positive news. The airline won a contract worth more than VND 1.5 trillion (around USD 58.9 million) at Long Thanh Airport to provide aircraft maintenance services, scheduled to begin in 2026 and continue through December 31, 2050.

Speaking at the Techcombank Investment Summit 2025 on July 9, Thao shared that investors who joined VietJet at its HoSE listing have seen the stock’s value increase fivefold. Those involved since earlier days, about five years before the listing, have witnessed growth of nearly 100 times.

Since its founding, VietJet has transported over 220 million passengers. In 2024 alone, it served 28 million passengers, with nearly 10 million being international travelers.

VietJet, along with its member companies and Sovico Group partners, is expanding into several strategic sectors, with a proposed total investment of hundreds of billions of dollars through 2033. The airline has signed major deals with Boeing, General Electric (GE), Pratt & Whitney, RTX, Honeywell, SpaceX, and Airbus.

In a recent announcement, Aviation JSC reported it had become a major shareholder of VietJet after purchasing 25 million shares, increasing its total holding to 35 million shares, equivalent to 5.92% of total equity.

According to VietJet, the airline issued 50 million private shares at VND 100,000 (USD 3.93) per share, raising over VND 4.9 trillion (about USD 192 million). Of this, Aviation JSC purchased 25 million shares. Dynamic & Development Investment JSC acquired the remaining 25 million shares, now holding 4.23% of VJC's capital.

As a result, VJC's charter capital increased from over VND 5.416 trillion to more than VND 5.916 trillion (from around USD 212 million to USD 232 million).

Additionally, VietJet recently appointed Philipp Rösler (born 1973), former German Vice Chancellor of Vietnamese descent, to its Board of Directors for the 2022–2027 term.

In Q1, VJC reported consolidated revenue of nearly VND 18 trillion (approximately USD 705 million) and pre-tax profit of VND 836 billion (USD 32.8 million), a 24% year-on-year increase.

At the close of the July 22 trading session, the VN-Index rose 24.49 points (+1.65%) to 1,509.54, fully recouping the previous session’s losses. Market liquidity on HoSE reached nearly VND 33.3 trillion (around USD 1.3 billion).

Manh Ha