14
December
Market commentary: Break from the 1,050-pts threshold
VNIndex closes above the 1,050-pts threshold, confirming the short-term uptrend. Thus, traders should hold their long position and focus on leading stocks.
14
December
VNIndex closes above the 1,050-pts threshold, confirming the short-term uptrend. Thus, traders should hold their long position and focus on leading stocks.
14
December
Last week, buying activities ticked up. Breaking down by sectors, selling activities kept focusing on Industrials and Consumer Discretionary whilst Materials, Health Care, and Financials were accumulated the most. Regarding to ETF flow, Vietnam maintained the high level of positive flow of money thanks to VFMVN Diamond ETF which attracted the total of USD11mn last week.
11
December
As mentioned above, the Vietnam stock market maintains an upward trend. Thus, investors should hold long positions and focus on leading stocks.
11
December
Based on the strong recovery, short-term uptrend is still intact. Thus, traders should hold their long position and focus on leading stocks.
10
December
Although a Bearish Engulfing pattern may be formed in VNIndex, the uptrend is still intact as the index closes above a 1,000-pts threshold. Thus, traders should hold their long position and focus on leading stocks.
10
December
Based on the optimistic sentiment, short-term uptrend is dominant. Thus, traders should hold their long position and focus on leading stocks.
08
December
Despite the contraction, the short-term uptrend is dominant as the VNIndex closed above all significant thresholds. Thus, traders should hold their long position and focus on leading stocks.
08
December
Last week, selling activities slowed down. Breaking down by sectors, selling activities focused on Industrials, Consumer Discretionary, and Utilities whilst Real Estate, Financials, and Consumer Staples were accumulated the most. Regarding to ETF flow, Vietnam maintained the positive flow of money thanks to VFMVN Diamond ETF which attracted the total of USD24.2mn last week.
08
December
The market sentiment has become optimistic in the short term, implying the uptrend of VNIndex. 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.