Tiếng Việt
普通话
19
July
Market commentary: Second consolidation session?
The downtrend is dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
Research Center
18
July
Market commentary: Consolidation phase?
The selling pressure still appears at a high level, implying the downside risk. That means the downtrend is dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
15
July
Chart of the day: The bearish swing is still active
The downtrend is still active and demand could not fade the current selling pressure. In this case, investors should decrease the current positions on leading stocks and wait for more accurate trading signal which would come after the volatile period.
15
July
Market commentary: Close at the high
The VNIndex shows some bullish signals, however, the selling pressure still appears at a high level. That means the downtrend is dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
14
July
Market commentary: Cautious market
The selling pressure appears at a high level, which means the downtrend is dominant in the short term. Therefore, traders should stay on the sidelines and wait for the next signal.
13
July
ETF Review: VN30 Index adds VIB and removes PNJ
In this quarterly review, the VN30Index is expected to add VIB and remove PNJ. We expect the E1VFVN30 ETF to buy VIB, MBB, and VPB the most with 6.6 million shares, 3.4 million shares, and 2.9 million shares, respectively. On the sell side, SSI and MWG will be sold heavily with 3.8 million shares and 2.7 million shares.
13
July
Market commentary: Bullish Reversal?
Despite the strong rebound, the downtrend is dominant in the short term with low liquidity. Therefore, traders should stay on the sidelines and wait for the next signal.
12
July
Market commentary: Retest last bottom
The downtrend is dominant in the short term with low liquidity. Therefore, traders should stay on the sidelines and wait for the next signal.
11
July
Fundflow 11 – 15 Jul: Demand on Vietnam’s major ETFs starts to slow down
Market ended up to be net sold. Supply mainly spread to Real Estate, Financials, and Materials whilst demand was absorbed the most by Consumer Staples. With ETF flow, Outflow ticked up across Vietnam after attracting positive flow of money for 3 consecutive months. The negative flow of money was mainly driven by the divestment on VFMVN Diamond and VanEck Vietnam.
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.