24
December
Market commentary: Profit-taking
Despite the contraction, the short-term uptrend is still intact as the VNIndex closes above significant thresholds. Therefore, traders should hold their long position and focus on leading stocks.
24
December
Despite the contraction, the short-term uptrend is still intact as the VNIndex closes above significant thresholds. Therefore, traders should hold their long position and focus on leading stocks.
23
December
In the short term, the uptrend is strong thanks to the high demand on large-cap stocks. Therefore, traders should hold their long position and focus on leading stocks.
21
December
In the short term, the uptrend is strong thanks to the high demand on large-cap stocks. Therefore, traders should hold their long position and focus on leading stocks.
21
December
Last week, selling activities ticked up. Breaking down by sectors, selling activities mainly absorbed by Industrials, Consumer Staples, and Real Estate. Regarding to ETF flow, Vietnam maintained the high level of positive flow of money thanks to VFMVN Diamond ETF and X FTSE Vietnam which attracted the total of USD45mn last week.
21
December
The strong rebound pushes the downside risk down in the short term. Therefore, the uptrend is still intact. Traders should hold their long position and focus on leading stocks.
21
December
Trading activities reach the high level and the strong collapse has high probability to occur. However, the long-term bull is active. Thus, investors should hold the current positions and increase the proportion on leading stocks when the correction phase steps in.
17
December
Based on the sharp contraction, the downside risk increases in the short term. Therefore, traders should be careful and wait for the next confirmation signal about the trend.
16
December
Based on the rebound, the VNIndex confirms the short-term uptrend. Thus, traders should hold their long position and focus on leading stocks.
15
December
Despite the intraday correction, trading signals have continued to support the bull market. Thus, traders should hold their long position and focus on leading stocks.
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.