Tiếng Việt
普通话
16
June
Daily derivatives: Range bound
The captured long positions at 1,480 pts zone should not be closed and out the positions only when there is the closing price below 1,480 pts level. (Hourly time frame)
Research Center
15
June
Market commentary: Members of Vingroup make market gains
Cash flows into members of Vingroup, which pushes the market up. However, the confirmation signal of uptrend is necessary to increase the long position because of selling pressure at the high price. Therefore, the traders should be careful and wait for more signals.
15
June
Daily derivatives: The all-time high is still respected
The captured long positions at 1,480 pts zone should not be closed and stop the loss only when there is the closing price below 1,450 pts level. (Hourly time frame)
14
June
Market commentary: Cash flows into Brokerages
In the short term, the uptrend is still intact. However, the confirmation signal of uptrend is necessary to increase the long position because of selling pressure at the high price. Therefore, the traders should be careful and wait for more signals.
14
June
Fundflow 07 – 11 Jun: Inflow comes back
Money inflow ticked up across Vietnam after experiencing five consecutive weeks of outflow. Net inflow was USD4mn. Particularly, the money inflow was mainly contributed by high demand on VFMVN Diamond (USD5.3mn) and SSIAM VNFIN Lead ETF (USD2.3mn). However, Fubon FTSE Vietnam was divested last week.
14
June
Rise in fixed-income rates to reverse
In May, improved credit activity helped create tightening pressure on the banking system's liquidity, resulted in higher short-term interest-rate conditions in the interbank and G-bond markets. Looking forward to June, under uncertain business conditions unfavorable for credit growth, we expect the pressure on the banking liquidity to be loosened in June. Furthermore, State Treasury short-term deposits, which have launched in early June, would also enhance the liquidity conditions and lower short-term interest rates and yields.
14
June
Daily derivatives: Retest the all-time high
Buy VN30F2106 at 1,480 pts zone and stop the loss only when there is the closing price below 1,450 pts level. (Hourly time frame)
14
June
Market commentary: Optimistic sentiment
Market sentiment has become optimistic in the short term, implying the false of selling signals. However, the confirmation signal of uptrend is necessary to increase the long position because the volatility is increasing. Therefore, the traders should be careful and wait for more signals.
11
June
Chart of the day: Selling signal?
The long-term uptrend is in place. Hence, the short-term downtrend is opportunities to increase long position. Investors should hold the current positions on leading stocks and add more or re-enter the market at the short-term support (1,300 pts area).
11
June
Daily derivatives: Whipsaws
The downside objective is tested as well as there is no shot for the long positions. Thus, traders should continued to stay on the sideline and trigger only when there is the valid confirmation.
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.