The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges.
Paper and packaging firms have reported positive business earning results despite the impact of COVID-19 pandemic.
The market rose strongly on Monday with the VN-Index reaching 1,400 points as investors poured money into blue-chip stocks.
Paper and packaging enterprises are optimistic about their prospects this year thanks to Viet Nam's stable business situation.
Market analysts and experts forecast the market will advance this week but will encounter correcting pressure when the VN-Index enters the strong resistance zone of 1,180-1,200 points.
The International Finance Corporation (IFC) recently announced its co-operation with An Phát Holdings (APH) and an expected investment of US$20 million to fund APH’s first compostable material manufacturing plant in Việt Nam and the largest of its kind in Southeast Asia.
Listed plastic companies have seen their market values expand 15-50 per cent in the last two months on low oil prices and increased consumption.