Tiếng Việt
普通话
26
January
Market commentary: Bull trap?
Despite the sharp recovery, the downside risk is still intact in the short term. Therefore, traders should reduce their long position and stay on the sidelines.
Research Center
25
January
Market commentary: Market crashes?
Based on the crash, the downside risk increases again. However, the downtrend is still intact in the short term. Therefore, traders should reduce their long position and stay on the sidelines.
24
January
Fund flow 17-21 Jan: Inflow skyrockets
Foreign selling kept overwhelming. Selling activity focused on Consumer Staples, Real Estate, Materials, and IT whilst solid demand was absorbed by Financials. With ETF flow, inflow across Vietnam surged last week, mainly driven by the strong demand on Fubon FTSE Vietnam.
24
January
Chart of the day: Support at the MA100
Traders should be careful and wait for the next signal in this situation. Besides, they should reduce long positions and stay on the sidelines.
24
January
Market commentary: High volatility
The downside risk decreases because of the third recovery. However, the downtrend is still intact in the short term. Therefore, traders should reduce their long position and stay on the sidelines.
21
January
Market commentary: Bullish market
Despite the second recovery, the downside risk is still intact in the short term. Therefore, traders should reduce their long position and stay on the sidelines.
20
January
Market commentary: Rebound
Despite the rebound, the downside risk is still intact in the short term. Besides, the bearish market forms as the VNIndex closes below the 1,500-pts threshold. Therefore, traders should reduce their long position and stay on the sidelines.
19
January
Market commentary: Bottom fishing?
Despite the bottom fishing at low level, the market confirms the downtrend. Therefore, traders should reduce their long position and stay on the sidelines.
19
January
ETF Review: Local ETFs sell ACB, MBB, and NLG the most
We expect local ETFs to buy PNJ, REE, and TCB the most, with 3.6 million shares, 1.8 million shares, and 1.7 million shares, respectively. On the sell side, ACB, MBB, and NLG will be sold heavily with more than 2 million shares.
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.