Tiếng Việt
普通话
28
July
Market commentary: Insurance in the spotlight
Despite the recovery, the downside risk is still intact in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
Research Center
27
July
Market commentary: Wait for the Fed decision
The market sentiment has become cautious, implying the downside risk in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
26
July
Market commentary: Selling pressure at 1,200-pts zone
In the short term, the market sentiment has become cautious. Therefore, traders should stay on the sidelines and wait for the next signal.
25
July
Fundflow 18 – 22 Jul: VFMVN Diamond keeps experiencing the outflow
Market ended up to be net bought. Demand was mainly absorbed by Consumer Staples, Consumer Discretionary, and Financials whilst supply mainly spread to Real Estate, Materials, and IT. With ETF flow, outflow remained across Vietnam. The negative flow of money was mainly driven by the divestment on VFMVN Diamond and VanEck Vietnam.
25
July
Market commentary: Consolidation phase?
Because of selling pressure at the high level, the downtrend is still dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
22
July
Market commentary: Attention on Banking
Despite the third recovery, the downtrend is still intact in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
21
July
Market commentary: Bullish trend?
Despite the second recovery, the downtrend is still dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
20
July
Market commentary: Energy in the spotlight
Despite the recovery, the downtrend is still dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
19
July
ETF Review: Local ETFs buy VIB, SHB, and ACB the most
HoSE announced new constituents of the VN30Index and VNFIN LEAD Index last Monday. Accordingly, the VN30Index will add VIB and remove PNJ in the 2H22 review. Besides, the VNFIN LEAD Index will include HCM and SHB and not remove any tickers.
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.