Tiếng Việt
普通话
08
May
Market commentary: SAB limits up
The market sentiment has become optimistic due to confirmation of the short-term uptrend. Therefore, traders can increase long positions and focus on leading stocks.
Research Center
» Investment Strategy » Daily Commentary
06
May
Market commentary: Members of Vingroup lead market higher
Technically speaking, the short-term uptrend is confirmed as the VNIndex has broken out the medium-term moving average (50-day moving average). Therefore, traders can increase long positions and focus on leading stocks.
06
May
Market commentary: Energy in the spotlight
Despite the recovery, the market sentiment has become cautious thanks to high selling pressure. The downside risk is still high in the short term. Therefore, traders should stay on the sidelines and wait for confirmation signals of a trend.
05
May
Market commentary: POW limits down
Vietnam stock market reversed to go down thanks to the business results in 1Q20. Mainly, most companies recorded negative business results due to the effects of COVID-19. Besides, Vietnam PMI hit 32.7 in April, the lowest low since the index was published.
29
April
Market commentary: The effect of ETFs
The market has moved in the tight range before the long holiday. Therefore, traders should stay on the sidelines and wait for confirmation signals of a trend.
28
April
Market commentary: Influence by the oil prices
The VN-Index has formed the consolidation in the short term. Hence, the market can move in the tight range in the next session before the long holiday. Therefore, traders should stay on the sidelines and wait for confirmation signals of a trend.
27
April
Mid-cap and small-cap in the spotlight
After three bullish sessions in a row, Vietnam stock market reversed to closed in red territory as long holidays are coming, Reunification Day and International Labour Day.
26
April
Market commentary: VNM limits up
Vietnam stock markets continued to go up three sessions in a row as a part of the economic market has gone back after Vietnam government stopped social distancing to curb COVID-19.
23
April
Market commentary: Cautious increase
Despite the second recovery, the market sentiment has become cautious as the downside risk is still high. In the short term, the significant resistance is at 800 pts threshold. Therefore, traders should stay on the sidelines and wait for the next signals.
Featured Articles
15
March
Point Break
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
Outlook 2022 – The Big Uptrend
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
Time to bet on economic recovery?
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
Fragile hope of recovery path under the worst outbreak
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
INFLATION: A transient or long-lasting shock?
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.