Tiếng Việt
普通话
29
November
Market commentary: Cash flows into Real Estate
The VNIndex crosses the 1,000-pts threshold with high liquidity, implying a short-term uptrend. Therefore, traders may open a long position on leading stocks with small sizes.
Research Center
28
November
Fundflow 21-25 Nov: Stable flow of money across Vietnam
Market ended up to be net bought. Financials, Materials, and Consumer Staples, focusing on BID, CTG, SSI, HPG, VNM, and MSN. With ETF flow, inflow remained at Vietnam. Net inflow was USD23mn. The positive flow of money was mainly driven by the strong demand on VFMVN Diamond.
28
November
Market commentary: Real Estate leads market gains
Despite the strong recovery, the short-term downtrend is dominant as the 1,000-pts threshold is the significant resistance. Therefore, traders should stay on the sideline and wait for the next signals.
28
November
Chart of the day: Consolidation phase?
The short-term downtrend is dominant as the index closes below the 20-period moving average.
25
November
Market commentary: Bottom fishing on Real Estate
Market sentiment has become cautious as the short-term downtrend is dominant. Therefore, traders should stay on the sideline and wait for the next signals.
24
November
Market commentary: Profit-taking
The short-term downtrend is dominant due to the selling pressure at a high level. Therefore, traders should stay on the sideline and wait for the next signals.
23
November
Market commentary: High selling volume
The downtrend is dominant in the short term due to the selling pressure at a high level. Therefore, traders should stay on the sideline and wait for the next signals.
22
November
Market commentary: Selling pressure
Selling pressure pushed the market down, implying a downtrend. Therefore, traders should stay on the sideline and wait for the next signals.
21
November
Fundflow 14-18 Nov: Inflow across Vietnam slowed down
Foreign demand kept increasing, mainly absorbed by Financials, Real Estate, and Materials, focusing on KDH, VIC, VHM, STB, SSI, and HPG . With ETF flow, inflow remained at high level across Vietnam although it dropped 43% wow, recorded at USD43mn. The positive flow of money was mainly driven by the strong demand on Vaneck and Diamond. Although Vietnam has attracted the positive flow of money for 8 consecutive weeks, we expect that the flow of money across Vietnam would slow down but remain positive in the upcoming weeks.
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.