Tiếng Việt
普通话
10
February
Market commentary: CTD limits up
Vietnam stock market remained bullish after China had announced to cut 50% tariffs on USD75bn of the U.S. good from 14 Feb 2020.
Research Center
07
February
Market commentary: Big rebound
Bullish traders pushed Vietnam stock market surge yesterday after China had announced that they would cut 50% tariffs on USD75bn of the U.S. good from 14 Feb 2020.
06
February
February strategy: High Volatility Generates Trading Opportunities
Although the novel coronavirus will continue to haunt Vietnam stock markets in February, we expect the market will soon calm down if the epidemic peaks by the middle of this month. High volatility is also generating many trading opportunities. As the VNIndex has penetrated below 3xstandard deviation PER band, we expect a mean reverting movement in the coming weeks.
04
February
Fundflow 20-31 Jan: Vietnam – The exception in SEA
In overall, from 20-31 Jan 2020, foreign buying activities overwhelmed, recorded net buy value of USD21mn. South East Asia experienced a dramatic outflow, recorded the net outflow at USD102mn, a 8-month high.
03
February
VN-INDEX – Overreacting
The VN-Index pierced the important support zone (950 pts) which increases the tendency to retest 900 pts level with the downward momentum shifts from short to medium term. In this context, investors should use correction phase to reduce proportion of leading stocks and wait for reliable signals.
31
January
Market commentary: Sell-off
Vietnam stock markets tumbled yesterday thanks to pessimistic sentiment impacted by the corona virus. The market sentiment has become cautious as the selling pressure on large-cap stocks. Hence, the downside risk increase in the short term. Traders should reduce long positions and stay on the sidelines.
21
January
Fundflow 13-17 Jan: Money keeps flowing in
Buying activities continued to outperformed, recorded at USD15mn in net buy value. Financials and Consumer Staples were accumulated the most by foreign investors, recorded net buy value at USD13.8mn and USD4.1mn, respectively.
20
January
VN-INDEX – New bullish market
Recommendation: Positive. The VN-Index breaks out the major resistance, hence confirming the bullish market in the short term. Therefore, traders should increase long positions and focus on leading stocks.
14
January
Fundflow 06-10 Jan: Inflowing
Buying activities overwhelmed selling pressure, recorded at USD43.6mn in net buy value, 16 times higher than the previous week. The flow of money into South East Asia accelerated, recorded the net inflow at USD23mn.
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.