Tiếng Việt
普通话
24
July
Chart Of The Day: The short-term downtrend
The downside risk increase as the market sentiment has become pessimistic in the short term. Therefore, investors should reduce long positions and stay on the sidelines.
Research Center
23
July
Market commentary: VRE leads market gains
Although the recovery, the downside risk increased in the short term as the VNIndex closes below its 50-period moving average. Therefore, traders should be cautious and wait for confirmation signals of the next trend.
22
July
Market commentary: Crosses down through a 50-period moving average
The VNIndex closes below its 50-period moving average, implying initial negative signal about the short term downtrend. Therefore, traders should be cautious and wait for confirmation signals of the next trend.
21
July
Market commentary: Support 860 holds
Vietnam stock markets pared initial losses and closed with some gain yesterday after EU approved the record relief package worth EUR750bn. As support 860 held yesterday, the VNIndex may recover today and traders may increase their long exposures.
20
July
Market commentary: Foreigners resume strong divestment
As the VNIndex failed to break its resistance 880 and is testing support 860, traders should be more cautious in today’s session.
20
July
Fundflow 13-17 Jul: Money inflow reaches 2-month high
Last week, foreign selling activities slowed down with net sell value recorded at USD12.8mn. Breaking down by sector, Materials and Energy attracted most foreign demand across the market whilst Real Estate, Industrials, and Financials experienced strong outflow. Regarding to ETF flow, Vietnam maintained the positive flow of money and became one of the main driver for the surge of money inflow across SEA thanks to VFMVN30 ETF, X FTSE Vietnam, and VanEck Vietnam ETF.
17
July
Market commentary: Unexpectedly contraction
Despite the contraction, the short-term uptrend is still intact because of the breakout of the Falling Wedge. Therefore, investors should hold long positions and focus on leading stocks.
17
July
Chart of the day: No place for the bear, but uptrend stays dormant
There is the tendency for the Index to retest 900 pts level thanks to the valid breakout of the Falling Wedge. Thus, investors could increase the proportion of leading stocks to take the best bid or wait for the breakout at 900 pts zone to increase the certainty level.
16
July
Market commentary: Members of Vingroup make market gains
The short-term uptrend is still intact thanks to the confirmation of the Falling Wedge. Therefore, investors should hold long positions and focus on leading stocks.
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.