23
August
Daily derivatives: Approaching the solid demand zone
Although VN30F2209 is experiencing the bearish swing, the demand zone is approached. In this case, traders should stay on the sidelines and wait for accurate trading point.
23
August
Although VN30F2209 is experiencing the bearish swing, the demand zone is approached. In this case, traders should stay on the sidelines and wait for accurate trading point.
22
August
VN30F2208 is expired and the upcoming contract (VN30F2209) has shown no valid trading signal. In this case, traders should stay on the sidelines and wait for accurate trading point.
19
August
VN30F2208 is expired and the upcoming contract (VN30F2209) has shown no valid trading signal. In this case, traders should stay on the sidelines and wait for accurate trading point.
18
August
Long position on VN30F2208 near 1,220-1,225 pts area should be held and close the positions after ATC session. (Hourly chart)
17
August
Long position on VN30F2208 near 1,220-1,225 pts area should be held and close the positions when there is the closing price below 1,250 pts level. (Hourly chart)
16
August
Last week, trading activity ticked up across the covered warrant market. With foreign trading activity, trading activity kept increasing in both supply and demand. However, selling pressure continued to overwhelm supply. Net sell value was VND2.4bn. Notably, trading interest from domestic and foreigners continued to be absorbed by cover warrants which have STB and HPG as the underlying asset, mainly driven by CHPG2215 (0%), CHPG2213 (6.2%), and CSTB2212 (-2.5%).
16
August
Long position on VN30F2208 near 1,220-1,225 pts area should be held and close the positions when there is the closing price below 1,250 pts level. (Hourly chart)
15
August
Long position on VN30F2208 near 1,220-1,225 pts area should be held and close the positions when there is the closing price below 1,250 pts level. (Hourly chart)
12
August
Long position on VN30F2208 near 1,220-1,225 pts area should be held and close the positions when there is the closing price below 1,250 pts level. (Hourly chart)
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.