08
December
Market commentary: Rebound
Despite the bullish market, the downside risk is still high because of the high volatility of market sentiment. Therefore, traders should be careful and stay on the sidelines.
08
December
Despite the bullish market, the downside risk is still high because of the high volatility of market sentiment. Therefore, traders should be careful and stay on the sidelines.
07
December
The consolidation phase is confirmed in the short term based on the second contraction. Therefore, the investors should be careful and reduce their position to a safe zone.
06
December
The market sentiment has become cautious in the short term as the sharp loss last week. That implies a consolidation phase. Therefore, the investors should be careful and reduce their position to a safe zone.
03
December
The long-term uptrend is still intact as the VNIndex closes above the significant moving average. Besides, the current downtrend may be the consolidation in the longer uptrend. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
02
December
Based on the recovery session, market sentiment has become stable again. That implies the long-term uptrend is still intact. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
01
December
Despite the bearish market, the long-term uptrend is still intact. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
30
November
Despite the second losing session, the long-term uptrend is still intact. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
29
November
Despite the contraction, the long- and short-term uptrend is still intact. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
26
November
Based on the three recoveries, the market sentiment has become optimistic. However, the market can contract as the VNIndex tests the 1,500-pts threshold. Hence, the intraday downtrend or contraction may be the opportunity to increase the long position at low prices.
15
March
Regarding the impact of the global commodity price surge on Vietnam CPI, we estimate that the current value of Brent price could push 2022 inflation to exceed the government target of 4%, mainly through the consumption channel. However, implementing well-established tools allows the Vietnam government to mitigate external shocks proactively. To sum up, we forecast that the global commodity surge would create temporary pressure on Vietnam inflation.
27
December
Key factors that drive the stock market to rise in 2022 include: (1) the Vietnam economy recovering and strong growth in 2022 and (2) new money will continue to flow into the stock market as new cash flows into stock markets and new money comes from capital flows of securities companies to margin.
09
November
A record plunge in Vietnam’s economy in 3Q21 has threatened economic prospects in the medium and long term growth. The government is standing in a right place to mitigate the lingering impact of the current outbreak and the next ones if they take appropriate actions in an appropriate timing and appropriate way. Recent macro and policy developments are signaling that the ongoing economic recovery would be smooth and sound, but it needs a booster shot, a sufficiently large fiscal relief package, to accelerate recovery momentum and help economic growth back on track. From our view, the “Economic Recovery and Development” fiscal support package, if successfully passed, would be a key to unlocking the full potential of the economic recovery.
26
July
Amid a widespread COVID-19 delta attack in the Southeast Asia region, Vietnam is stepping into the worst outbreak in both its health and economic impacts. Although the government actively deployed various solutions to follow the twin target that effectively controls the pandemic and promotes socio-economic development, the negative impact of economic recovery is inevitable. We predict that the COVID-19 economic impacts on domestic consumption and production levels would be partly reflected in oncoming macroeconomic updates under strict lockdowns nationwide.
18
June
Surging commodity prices and increasing inflation recently pose a considerable risk to global economic stability. However, the majority of global economists and monetary policymakers just saw this phenomenon as a transitory factor, and this trend would eventually reverse to a normal track in the medium- and long- term. Regarding Vietnam's situation, we saw a stable demand-supply balance in major commodities and well-controlled price conditions. The inflation shock in the near term, if it happens, would be expected to be transient and bear a little risk to the economic stability.