Tiếng Việt
普通话
16
October
Chart of the day: Resume short-term uptrend
Investors should continue to hold the current positions and force on leading stocks such as Banking tickers.
Research Center
15
October
Market commentary: Resume short-term uptrend
In the short term, the uptrend is still intact due to the high demand on large-cap stocks. The target price of the rectangle pattern is 940-950 pts. Therefore, investors may hold their long position and focus on leading tickers.
14
October
Market commentary: MSN and TCB limit up
The short-term uptrend is still intact because market sentiment has become optimistic. The target price of the rectangle pattern is 940-950 pts. Therefore, investors may hold their long position and focus on leading tickers.
14
October
ETF Review: VN DIAMOND Index will remove DXG and KDH
Based on data as of 30 Sep 2020, VN DIAMOND Index is expected to remove DXG and KDH. As a result, VFMVN DIAMOND ETF is expected to sell 6.7 million shares of DXG and 5.1 million shares of KDH.
13
October
Market commentary: MSN and CTG in the spotlight
Based on the gaining session, market sentiment has become optimistic in the short term. The target price of the rectangle pattern is 940-950 pts. Therefore, investors may hold their long position and focus on leading tickers.
12
October
Market commentary: Selling pressure at the afternoon session
Despite the high selling pressure at the afternoon session, the short-term uptrend is confirmed as the rectangle pattern formed. The target price of this pattern is 940-950 pts. Therefore, investors may hold their long position and focus on leading tickers.
12
October
Fundflow 05-09 Oct: Inflow slows down
Last week, selling activities kept overwhelming. Breaking down by sectors, selling pressure mainly focused on Consumer Staples, Financials, and Industrials whilst Materials and Consumer Discretionary was accumulated the most. Regarding to ETF flow, inflow across Vietnam maintained (USD1mn) thanks to SSIAM VNFIN Lead and VFMVN Diamond ETF which attracted the total of USD3.3mn despite FTSE Vietnam and VFMVN30 ETF recorded the total outflow of 2.8mn.
09
October
Market commentary: Confirm the rectangle pattern
In the short term, the VNIndex forms the rectangle pattern as the index closes above the 920-pts threshold. The target price of this pattern is 940-950 pts. Therefore, investors may hold their long position and focus on leading tickers
09
October
Chart of the day: Heading to 940 pts area
The upward resumption phase is confirmed as well as 940 pts area is the next target. Therefore, investors should continue to hold the current positions and buy more in correction phase.
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.