01
July
Long VN30F2007 at 770 pts when this level is broken, take a profit at 790 pts and stop a loss at 765 pts. For short side, sell this instrument when 750 pts level is broken, take a profit at 725 pts and stop a loss at 755 pts.
01
July
Despite the rebound, the market sentiment is still cautious as signals of the VNIndex loses consensus. Besides, the downside risk is intact. Therefore, investors should reduce their long position and stay on the sidelines.
01
July
On 30 Jun, we joined Masan Group’s 2020 AGM to update about its business situation, which showed Masan Group’s ambition to become future leader in Consumer sector. Per management, Masan Group will reach positive EPS in 2Q20, which is mainly driven by robust revenue growth of Masan Consumer and ongoing strong revenue growth of MEATDeli fresh meat.
30
June
Short positions captured at 760 pts level should not be closed with downside objective at 710 pts level as well as the stoploss level should be placed at 765 pts.
30
June
The market sentiment has become cautious as the VNIndex closes below its 50-period moving average, the second session in a row. The selling pressure pushes the downside risk high. Hence, investors should reduce their long position and stay on the sidelines.
30
June
The pandemic has weighted on FY20F profit after tax guidance of KBC, per management on its AGM June 29. The company guided for two scenerios of which FY20F profit after tax could be at 1) VND816bn, -21.6% yoy and 2) VND1,000bn, -3.9% yoy. We remain optimistic on KBC outlook thanks to its strong sales momentum in leassing in Quang Chau industrial park.
29
June
In this context, short position should be executed when 760 pts level is broken. Particularly, short VN30F2007 when 760 pts level is broken valiantly, take a profit at 710 pts and stop a loss immediately at 765 pts to avoid bear trap.
29
June
Last week, foreign selling activities overwhelmed across the market, recorded a net sell value of USD10mn. Particularly, Consumer Staples, Financials and Materials experienced strong outflow whilst Energy, Real Estate and IT attracted most foreign demand across the market.
29
June
Vietnam stock markets slid yesterday because Vietnam's GDP in 2Q20 recorded a new low since 2011. The downtrend may be confirmed in the short term as the VNIndex crosses its 50-period moving average going down. The downside risk increases due to high selloff. Hence, investors should reduce their long position and stay on the sidelines.
26
June
In the short term, the uptrend no longer exists due to the negative signal of leading indicators (such as Stochastics, RSI, and MACD). The sideways is formed as the index move in a tight range. Therefore, investors should wait for the breakout or more confirmation signals.
15
March
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
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
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
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
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.
Tiếng Việt
普通话
