Shares in dairy product maker Vinamilk edged up 0.68 percent, extending the 2-percent gain on Monday when thecompany said it would seek shareholders' approval to raise thedividend rate paid for 2013.
Food producer Masan Group advanced 1.06 percent andtop insurer Baoviet Holdings rose 0.67 percent.
The index might further rise in the short term beforereaching its resistance level at around 609 points, around whichit dropped last month, said analyst Vu Thi Thu Trang at APEC Securities.
The index lost a combined 3.2 percent in two sessions right after March 24 when it hit 607.55 points, Reuters data showed.
Here is a snapshot of the VN Index at midday (0431 GMT).