Tiếng Việt
普通话
09
March
Market commentary: Sell-off?
The VNIndex closes at the lowest price, implying the downside risk. Therefore, traders should be still careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
Research Center
08
March
Market commentary: Oil and Gas in the spotlight
In the short term, the downside risk is intact because the selling pressure appears at the 1,510-pts threshold. Therefore, traders should be careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
07
March
Fundflow 28 Feb-04 Mar: Demand spread to major SEA’s countries
Foreign selling overwhelmed. Selling activity focused on Materials and Real Estate whilst foreign demand was mainly absorbed by Financials and Consumer Staples. With ETF flow, inflow has come back to Vietnam, mainly driven by the solid demand on VFMVN Diamond.
07
March
Market commentary: Market is divergent
Despite the bullish market, the downside risk is intact as the selling pressure can appear at the 1,510-pts threshold. Therefore, traders should be careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
06
March
Chart of the day: High probability for the upward resumption phase
The medium-term trend is still supported as well as there is the tendency for the valid breakout to occur. In this case, investors should continue to hold the current positions on leading stocks and position size should be closed by half when the 1,470 pts zone is pierced.
04
March
Market commentary: Close above the 1,500-pts
Despite the strong recovery, the downside risk is intact as the selling pressure can appear at the 1,510-pts threshold. Therefore, traders should be careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
04
March
ETF Review: Foreign ETFs add VND, NLG, VCG, and PVD
We expect foreign ETFs to sell VHM and VRE the most with 9.1 million shares and 7.1 million shares. On the buy-side, STB and VCB will be bought heavily with 21.4 million shares, 11.8 million shares.
03
March
Market commentary: Sell-off on Banking stocks
The VNIndex decreases when it retests the 1,500-pts threshold. That means the downside risk is still intact in the short term. Therefore, traders should be careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
02
March
Market commentary: Retest the 1,500-pts threshold
In the short term, the VNIndex retests the 1,500-pts threshold with low liquidity. That means the downside risk is still intact. Therefore, traders should be careful and stay on the sidelines until the VNIndex closes above the 1,510-pts zone.
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.