Tiếng Việt
普通话
19
July
Market commentary: A Third crash session
The market sentiment has become pessimistic because of the third crash. The downside risk is rose as the sale-off. Therefore, traders should be careful and reduce the position.
Research Center
19
July
Market commentary: Resume uptrend
Despite the second recovery in a row, the downside risk is still intact in the short term due to the selling signal of a rising wedge pattern. Notably, the market sentiment has become cautious as the volatility increases. Therefore, traders should be careful and reduce the position.
18
July
Chart of the day: Correction is needed
As mentioned above, the long-term uptrend is confirmed but it has turned to dormant due to the short-term downward swing. In this case, investors should continue to hold the current positions and buy more if the 1,200 pts zone is retested.
15
July
Market commentary: Bottom fishing
Despite the recovery, the downtrend is still intact due to the selling signal of a rising wedge pattern. Notably, the market sentiment has become cautious as the volatility increases. Therefore, traders should be careful and reduce the position.
15
July
Market commentary: Selling pressure
In the short term, the downtrend is still intact because of the selling pressure on large-cap stocks. Notably, the market sentiment has become cautious as the volatility increases. Therefore, traders should be careful and reduce the position.
13
July
Market commentary: Slight rebound
Despite the rebound, the downtrend is still intact in the short term. Notably, the market sentiment has become cautious as the volatility increases. Therefore, traders should be careful and reduce the position.
12
July
Market commentary: Third crash session
Based on the crash, the downtrend is confirmed in the short term. Besides, the market sentiment has become pessimistic as the volatility increases. Therefore, traders should be careful and reduce the position.
12
July
Fundflow 05 – 09 Jul: Vietnam’s in the spotlight
Last week, foreign demand kept increasing. Breaking down by sectors, buying activity mainly focused on Financials, Consumer Staples, and Materials whilst Consumer Discretionary was divested the most. With ETF flow across Vietnam, net inflow was USD44mn, thanks to the strong demand on Fubon FTSE Vietnam ETF (USD38mn) and VanEck Vietnam ETF (USD6mn).
11
July
Market commentary: Confirm short-term downtrend
Based on the second crash, the uptrend of the VNIndex is reversed. Besides, the market sentiment has become pessimistic as the volatility increases. Therefore, traders should be careful and reduce the position.
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.