Tiếng Việt
普通话
03
January
Market commentary: Low liquidity
The downside risk is intact in the short term because of low liquidity. That means a downtrend in the short term. Therefore, traders should reduce long positions.
Research Center
30
December
Market commentary: Retest the 50-period moving average
Although the VNIndex still closes above the 1,000-pts threshold, the downside risk is intact because of low liquidity. That means a downtrend in the short term. Therefore, traders should reduce long positions.
29
December
Market commentary: Close above the 50-period moving average
Despite the second recovery, the downside risk is intact because of low liquidity. That means a downtrend in the short term. Therefore, traders should reduce long positions.
28
December
Market commentary: Cross up the 1,000-pts threshold
Despite the strong recovery, the downside risk is intact as the VNIndex closes below the 50-period moving average. implying a downtrend in the short term. Therefore, traders should reduce long positions.
27
December
Market commentary: Close below the 1,000-pts threshold
The VNIndex closes below the 1,000-pts threshold, implying a downtrend in the short term. Therefore, traders should reduce long positions.
26
December
Fundflow 19-23 Dec: Inflow across Vietnam tends to be weaker
Market ended up to be net bought with net buy value was USD61mn. Foreign demand was mainly absorbed by Utilities, Materials and Financials whilst largest sell orders concentrated mainly on EIB. With ETF flow, net inflow was USD22mn. The positive flow of money was mainly driven by the strong demand on VanEck and Fubon.
26
December
Market commentary: Cautious sentiment
The market sentiment has become cautious in the short term. Therefore, traders should be careful and sell long positions if the VNIndex closes below the 1,000-pts threshold.
26
December
Chart of the day: Retest the 1,000-pts threshold
The VNIndex moves in the tight range, implying the sideways. Hence, traders should wait for the breakout or breakdown to confirm the next trend.
23
December
Market commentary: High demand at 1,000-pts threshold
The stock market rebounded yesterday thanks to the high demand that appeared when the VNIndex retested the 1,000-pts threshold. Despite the recovery, the short-term downside risk is still intact at a high level. Therefore, traders should be careful and sell long positions if the VNIndex closes below the 1,000-pts threshold.
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.