Sugar producers expect the 2021-2022 crop, which started from July 1, will be more prosperous.
Many businesses in the sugar industry reported fruitful earning results for the fiscal year 2020-2021.
Vietnamese shares ended Monday on a positive note thanks to the rise of some individual large-caps at the final minutes of trading but investors were still cautious about the market's short-term outlook amid a lack of supportive information.
Vietnamese shares plunged on Monday as panic selling flooded the market, following surging COVID-19 cases, reinforcing fears of further economic pain from restrictions induced by the virus.
The market rose strongly on Monday with the VN-Index reaching 1,400 points as investors poured money into blue-chip stocks.
Vietnamese shares rebounded on Thursday, bolstered by the growth of blue-chip stocks as investors sought stocks that had been hit hard in the previous session.
Vietnamese shares ended Wednesday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment.
Shares gained slightly on Tuesday as investors sought for stocks in the 'Vin' family, bolstering overall stock market.
Shares gained for six consecutive sessions on Friday thanks to buying focusing on energy stocks and some individual blue-chips, boosting indices despite strong selling of foreign investors.