![Banks – 1Q20 Review [OVERWEIGHT] 1Q20 stays healthy, 2Q20 faces difficulties](https://kisvn.vn/en/wp-content/uploads/sites/2/2019/09/page-phantich-m.jpg)
22
May
Mixed 1Q20 results due to diverse provisioning policies. Currently, credit demand remains weak but yet recovers. The country may return to pre-pandemic level and lending growth will regain in 3Q20
21
May
In the short term, the VNIndex has confirmed the uptrend as the market sentiment has become optimistic. Therefore, traders can hold long positions and focus on leading stocks.
21
May
In this context, the medium-term bullish market is still active, but traders need to wait for the correction or consolidation phase to capture the most valid trigger point for the next leg of the uptrend.
21
May
The lowest quarterly performance in 1Q20 for three years was attributed to intensified fear of COVID-19 transmission in crowded events. When normalisation of life after the lockdowns comes, developers will be under pressure to ramp up sales, which is likely to see enormous discount and eased payment terms.
20
May
Long positions captured at 780 pts zone should let profit run with upside target at 830 pts. For new positions, long VN30F2005 at 800 pts zone when the retest occurs, take profit at 830 pts and stoploss at 790 pts.
20
May
The VNIndex has confirmed the short-term uptrend as the market sentiment has become optimistic. The significant resistance is 900 pts. Therefore, traders can increase long positions and focus on leading stocks.
20
May
Yesterday, TCB’s representatives had an online meeting with investors regarding to 1Q20 performance and 2020 vision. The most noticeable point is impressive outcome from digitization with rapid increase in e-banking transaction. Further emphasizing on technology may lift the bank’s CIR to above 35% in 2020. NIM is expected at around 4.5%-4.7% in 2020 thanks to lower funding cost. But they have not revealed target net profit.
19
May
Long positions captured at 780 pts zone should let profit run with upside target at 830 pts. For new positions, long VN30F2005 at 780 pts zone when the retest occurs, take profit at 830 pts and stoploss at 770 pts.
19
May
The short-term uptrend is still intact as the market sentiment has become optimistic. The short-term downside risk has reduced. Therefore, traders can increase long positions and focus on leading stocks.
18
May
Long positions captured at 780 pts zone should let profit run with upside target at 830 pts. For new positions, long VN30F2005 at 780 pts zone when the retest occurs, take profit at 830 pts and stoploss at 770 pts.
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
