29
June
Vietnam stock markets slid yesterday because Vietnam's GDP in 2Q20 recorded a new low since 2011. The downtrend may be confirmed in the short term as the VNIndex crosses its 50-period moving average going down. The downside risk increases due to high selloff. Hence, investors should reduce their long position and stay on the sidelines.
26
June
In the short term, the uptrend no longer exists due to the negative signal of leading indicators (such as Stochastics, RSI, and MACD). The sideways is formed as the index move in a tight range. Therefore, investors should wait for the breakout or more confirmation signals.
26
June
In this context, the downside risk increases as the selling pressure is still intact. Thus, investors should reduce long positions, stay on the sidelines, and wait for the breakout or more confirmation signals.
25
June
The market sentiment maintains cautious in the short term due to selling pressure. The uptrend may be a reversal as the VNIndex closes below its 20-period moving average. Therefore, investors should wait for the breakout or more confirmation signals.
24
June
The downside risk has increased in the short term as the selling pressure at the afternoon session. Besides, the uptrend may be a reversal. Therefore, investors wait for the breakout or more confirmation signals.
23
June
Market sentiment has become cautious as the selling pressure at the afternoon session. That is a warning signal about the short-term uptrend. Besides, the range of 880 to 900 pts is a strong significant resistance of the VNIndex. Therefore, investors wait for the breakout or more confirmation signals.
22
June
Last week, foreign buying activities increased dramatically, recorded a net buy value of USD634mn. Vietnam continued to attract money inflow, recorded the net inflow at USD6mn, two times higher than the previous week. Of which, VanEck Vietnam ETF, SSIAM VNFIN Lead ETF and VFMVN Diamond ETF attracted the total of USD8.4mn money inflow whilst VFMVN30 ETF experienced an outflow.
22
June
In the short term, the downside risk reduces. However, the range of 880 to 900 pts is a strong significant resistance of the VNIndex. Therefore, investors wait for the breakout or more confirmation signals.
19
June
The market sentiment has become optimistic as a big rebound. The downside risk reduces in the short term, but the range of 880 to 900 pts is a strong significant resistance of the VNIndex. Therefore, investors wait for the breakout or more confirmation signals.
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.
Tiếng Việt
普通话
