Vietnam finance sees bullish stock outlook and streamlined damaged‑currency exchange rules

Vietnam’s equity market closed the week of May 15 at a record‑high VN‑Index of 1,921.60 points, with analysts forecasting the index could test the 1,930‑1,940 range. Nguyễn Thế Minh, director at An Bình Securities, cautioned that “the upcoming week should be seen as a test of the historic peak’s durability,” advising investors to focus on price‑adjustment zones around 1,900 points and to consider partial profit‑taking.

Meanwhile, the State Bank of Vietnam is seeking public comment on a draft amendment to Circular 25/2013 that would simplify the exchange of damaged or unfit banknotes. The proposal removes paperwork requirements, allows unlimited exchanges at branch level, and sets clear criteria—for example, polymer notes burned or deformed must retain at least 30% of their original area and display at least two security features such as hidden windows or security threads. Units that cannot meet the conditions must return the notes with an explanation.