Tiếng Việt
普通话
11
February
Daily Derivatives: Consolidating within the rectangle pattern
Long VN30F2002 at 852 pts zone, take profit at 856 pts and stoploss at 849 pts. Short VN30F2002 at 845 pts, take profit at 841 pts and stoploss at 847 pts.
Research Center
11
February
Market commentary: Construction in the spotlight
Vietnam stock market recorded contraction because investors were worried about the economic loss by the coronavirus outbreak. The virus had killed more than 910 people and infected around 40,600 ones as of 10 Feb.
11
February
Fundflow 03-07 Feb: Vietnam continued to attract inflows
Last week, foreign selling activities overwhelmed, recorded net sell value of USD30mn, a 3-month high. South East Asia continued to experience outflow but with lower pressure, recorded the net outflow at USD3mn.
10
February
VN-INDEX – Big rebound
Indicators lose consensus in the short term, with high downside risk. Therefore, traders should reduce long positions, stay on the sidelines and wait for reliable signals.
10
February
Daily Derivatives: Uptrend halts
Long VN30F2002 at 851 pts zone, take profit at 863 pts and stoploss at 846 pts.
10
February
Market commentary: CTD limits up
Vietnam stock market remained bullish after China had announced to cut 50% tariffs on USD75bn of the U.S. good from 14 Feb 2020.
07
February
Daily Derivatives: Testing the congestion zone at 863 pts
In this case, traders should stay on the sidelines and watch the price reaction of VN30F2002 at 863 pts zone.
07
February
Market commentary: Big rebound
Bullish traders pushed Vietnam stock market surge yesterday after China had announced that they would cut 50% tariffs on USD75bn of the U.S. good from 14 Feb 2020.
07
February
Trade tumbles seasonally during Tet holiday
According to the GSO estimate, the total trade value fell sharply by 12.08% YoY to reach USD38.1bn in January 2020. In particular, the value of export declined by 13.93% YoY, posting USD19.0bn, while the import value also decreased by 10.16% YoY, recording USD19.1bn. Tet holiday in January 2020, which was not only long but also extended, was the probable reason for the plunge in trade activity.
06
February
February strategy: High Volatility Generates Trading Opportunities
Although the novel coronavirus will continue to haunt Vietnam stock markets in February, we expect the market will soon calm down if the epidemic peaks by the middle of this month. High volatility is also generating many trading opportunities. As the VNIndex has penetrated below 3xstandard deviation PER band, we expect a mean reverting movement in the coming weeks.
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.