Tiếng Việt
普通话
11
June
Market commentary: Short-term downtrend?
The selling pressure is still intact at a high-level price, implying the downtrend may be formed. Therefore, the traders should be careful and wait for more signals.
Research Center
10
June
Daily derivatives: Intraday rebound
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.
09
June
Market commentary: Rebound
Based on the recovery, the market sentiment has become optimistic. However, the selling pressure at a high-level price is still intact and the recovery may be a pull trap. Therefore, the traders should be careful and wait for more signals.
09
June
Market commentary: Crash?
The high selling pressure on large-cap stocks pushed the market sentiment pessimistic in the short term. The VNIndex may record some losing sessions. However, the long-term uptrend is still intact, thanks to the significant cash flow of local individual investors. Therefore, the contraction period is the opportunity to increase the long position.
09
June
Daily derivatives: The short-term downtrend
In this case, the downside objective is near as well as there is no shot for the long positions. Thus, traders should stay on the sideline and wait for the valid trigger point occurs.
08
June
STK – Brief – Modest headwind from U.S anti-dumping tax
On June 2, US Department of Commerce (DOC) made preliminary conclusions on anti-dumping investigation into Polyester Textured yarn (PTY) products from Vietnam with dumping margin of between 2.67% and 22.82%. However, STK believes this action slightly hit its business.
08
June
Fundflow 31 May – 04 Jun: The laggard of SEA
Last week, foreign selling pressure peaked. Breaking down by sectors, selling activity mainly focused on Materials, Financials, and Real Estate whilst Energy attracted the most foreign demand. With ETF flow, Vietnam continued to be divested due to the divestment across VFMVN Diamond.
08
June
Daily derivatives: Range bound
Traders should stay on the sideline and wait for the valid trigger point occurs.
08
June
Market commentary: Profit-taking on Banking stocks
The profit-taking at the first target price of the triangle pattern pushed the market sentiment cautious in the short term. The VNIndex may record some losing sessions. However, the long-term uptrend is still intact thanks to the significant cash flow of local individual investors. Therefore, the contraction period is the opportunity to increase the long position.
07
June
Daily derivatives: Consolidation
The captured long positions (VN30F2106) at 1,450-1,460 pts area and 1,490 pts zone should be closed only when there is the closing price below 1,480 pts.
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.