Tiếng Việt
普通话
30
June
Daily derivatives: Chasing the bullish swing in the bear market
Long VN30F2207 at 1,240 pts area and stop the loss when there is the closing price below 1,220 pts level. (Hourly chart)
Research Center
29
June
Daily derivatives: Heading to 1,280 pts area
Long VN30F2207 at 1,240 pts area and stop the loss when there is the closing price below 1,220 pts level. (Hourly chart)
28
June
Covered warrant 20-24 Jun: Trading activity keeps increasing
Last week, trading activity kept increasing across the covered warrant market. With foreign trading activity, the market kept ending up to be net sold. Net sell value was VND3bn, 10 times higher than the previous week. Notably, covered warrants which have FPT as the underlying asset has attracted most of trading activity for 2 consecutive months, mainly driven by CFPT2203(-33%).
28
June
Daily derivatives: Solid bottom is forming
Long VN30F2207 at 1,230 pts area, set 1,280 pts zone as the profit target and stop the loss when there is the closing price below 1,220 pts level. (Hourly chart)
27
June
Daily derivatives: Demand is still weak
Although the 1,200 pts area is still respected, the probability for breaking this area is still high due to the solid selling pressure above. In this case, traders should stay on the sidelines and wait for the bottom forming signal.
24
June
Daily derivatives: Approaching the solid sell zone
Although the 1,200 pts area is still respected, the probability for breaking this area is still high due to the solid selling pressure above. In this case, traders should stay on the sidelines and wait for the bottom forming signal.
23
June
Daily derivatives: No sign for the solid bottom
Selling pressure is still strong and the rebound phase has low probability to occur. In this case, traders should stay on the sidelines and wait for the bottom forming signal
22
June
Daily derivatives: Volatility surges near the market trough
Selling pressure is still strong and the rebound phase has low probability to extend. In this case, traders should stay on the sidelines and wait for the bottom forming signal.
21
June
Covered warrant 13-17 Jun: Trading activity is improved
Last week, trading activity increased across the covered warrant market. With foreign trading activity, the market kept ending up to be net sold, selling and buying activity dropped, down 30% WoW. Net sell value was VND0.42bn, down 65% WoW. Notably, covered warrants which have FPT as the underlying asset has attracted most of trading activity for 10 consecutive weeks.
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.