Tiếng Việt
普通话
09
May
Market commentary: Bullish signals?
The VNIndex closes above the 1,050-pts threshold, showing bullish signals. However, the downside risk is still intact. Hence, traders should be careful.
Research Center
08
May
Fundflow 04-05 May: Outflow keeps being active
Selling pressure has started to slow down but still faded the foreign demand, pushing the market to end up to be net sold. Net sell value was USD20mn. With ETF flow, outflow was active. Net outflow was USD1mn. There is still not a good sign for the stable inflow and outflow could be active in upcoming weeks.
08
May
Market commentary: Cautious after the long holiday
After the long holiday, the VNIndex still shows a bearish market due to closing below the 50-period moving average and 1,050-pts threshold. That means the downside risk is still intact. Hence, traders should be careful and reduce long positions.
08
May
Chart of the day: Narrow range post-holiday
The VNIndex shows cautiousness in the short term with a triangle pattern. The index needs a breakout or a breakdown to confirm the next trend. Therefore, traders should stay on the sidelines and wait for the next signals.
05
May
Market commentary: Profit-taking after the long holiday
The VNIndex still shows a bearish market in the short term due to closing below the 50-period moving average. That means the downside risk is still intact. Hence, traders should be careful and reduce long positions.
04
May
Fundflow 24-28 Apr: Outflow comes back to Vietnam
Selling pressure has started to slow down but still faded the foreign demand, pushing the market to end up to be net sold. Net sell value was USD0.8mn. With ETF flow, outflow has come back to Vietnam. Net outflow was USD18mn, a yearly high. There is still not a good sign for the stable inflow and outflow could be active in upcoming weeks.
04
May
Market commentary: Bullish signals?
Despite the recovery, the VNIndex shows a bearish market in the short term due to closing below the 50-period moving average. That means the downside risk is still intact. Hence, traders should be careful and reduce long positions.
04
May
Chart of the day: Market leg is still unclear
Selling pressure near 1,050 pts zone is still not fully absorbed. Therefore, investors stay on the sidelines and wait for the valid breakout signal of the triangle pattern to accurately define the next market leg.
28
April
Market commentary: Cautious before the long holiday
The VNIndex shows a bearish market in the short term due to closing below the 50-period moving average. That means the downside risk is still intact. Hence, traders should be careful and reduce long positions.
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.