The VN-Index rose 36.05 points, or 1.98 per cent, to close at 1,860.14, after gaining 38 points in afternoon trade. The VN30-Index, which tracks the 30 largest stocks by market capitalisation, advanced 1.05 per cent.
Market breadth was firmly positive, with 280 stocks rising against 73 decliners on the Ho Chi Minh City Stock Exchange. Within the VN30 basket, 26 stocks gained while only three fell.
Energy shares led the rally amid higher global oil prices. PetroVietnam Gas (GAS), Petrolimex (PLX) and Binh Son Refining and Petrochemical (BSR) all hit their daily upper limits. GAS alone contributed 3.81 points to the VN-Index.
Property and banking stocks also underpinned the gains. Vingroup (VIC) and Vinhomes (VHM) ranked among the biggest drivers, while major lenders Vietcombank (VCB) and BIDV (BID) added further momentum.
By contrast, technology group FPT was the largest drag on the benchmark.
Liquidity remained strong, with matched orders totalling VND 23.5 trillion (about USD 960 million). However, foreign investors were net sellers, offloading nearly VND 1.1 trillion (about USD 45 million) worth of shares.
On the Hanoi Stock Exchange, the HNX-Index rose 1.86 per cent to close at 261.83.