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Chart of the day 2026/06/22: Awaiting confirmation signals

Chart of the day 2026/06/22: Awaiting confirmation signals

The signals remain inconsistent. Although the breakout session points to a possible reversal of the short-term downtrend, investors should wait for additional confirmation signals before reopening new positions.

June 22, 2026

Market commentary 2026/06/19: Green returns

Market commentary 2026/06/19: Green returns

Although the market posted a gain, liquidity declined. Moreover, the upward momentum was driven mainly by the "Vin" stocks, while most other sectors traded cautiously. This development reflects a lack of broad-based participation from market liquidity and suggests that the current trend still requires further confirmation from the market.

June 19, 2026

Derivatives 2026/06/19: Breakout signal anticipation

Derivatives 2026/06/19: Breakout signal anticipation

Technical signals lack uniformity. Therefore, traders need further signals to confirm the trend. Based on these signals, investors can initiate new positions.

June 19, 2026

Market commentary 2026/06/18: Bottom-fishing demand emerged

Market commentary 2026/06/18: Bottom-fishing demand emerged

The market closed lower, although bottom-fishing demand emerged and helped the index recover part of its losses toward the end of the session. This suggests that cash flow is still monitoring and participating at lower price levels. However, selling pressure remains present, indicating that short-term market movements are likely to remain volatile. Therefore, additional signals from upcoming sessions will be needed to confirm the market's direction more clearly.

June 18, 2026

Derivatives 2026/06/18: Capital flows at lower  price levels

Derivatives 2026/06/18: Capital flows at lower price levels

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.

June 18, 2026

Market commentary 2026/06/17: Selling pressure on large-cap stocks

Market commentary 2026/06/17: Selling pressure on large-cap stocks

The market successfully moved above the 1,800-point threshold and reclaimed its 100-day moving average, signaling a positive technical development. However, liquidity remained subdued and selling pressure was still evident during the session, suggesting that investor sentiment remains cautious and that the current rebound requires further confirmation.

June 17, 2026

Derivatives 2026/06/17: Awaiting a breakout signal

Derivatives 2026/06/17: Awaiting a breakout signal

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals regarding the next trend before reopening new positions.

June 17, 2026

Derivatives 2026/06/16: Awaiting a breakout signal

Derivatives 2026/06/16: Awaiting a breakout signal

Technical signals remain mixed and lack clear confirmation. Investors are advised to wait for additional directional signals before initiating new positions.

June 16, 2026

Market commentary 2026/06/16: Green start to the week

Market commentary 2026/06/16: Green start to the week

The market ended higher with improving liquidity, suggesting that buying interest may be returning after the recent correction. However, the index has yet to break above its key moving averages, indicating that the prevailing downtrend has not been fully reversed. Therefore, additional signals from upcoming sessions will be needed to confirm the market’s direction.

June 16, 2026

Covered warrant 2026/06/16: Capital flows continue to decline

Covered warrant 2026/06/16: Capital flows continue to decline

During the week, the covered warrant market continued to show negative performance as liquidity declined and most warrants closed lower. In the underlying equity market, the index also corrected while liquidity remained subdued, indicating that cautious investor sentiment continues to dominate capital flows.

June 16, 2026

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

By investor group, trading activity from both domestic retail investors and domestic institutional investors continued to weaken, falling 4.3% and 25.2%, respectively, from the previous week.

June 16, 2026

24W26: SBV extends net withdrawal as interbank rates edge lower

24W26: SBV extends net withdrawal as interbank rates edge lower

In 24W26, the SBV extends its net liquidity withdrawal for a second consecutive week as immediate system pressures ease. Tracking this development, interbank rates decline across all tenors with a steeper yield curve, driven by a sharp pullback at the short end. Regarding the FX market, the greenback's momentum completely reversed toward the weekend as a Middle East peace breakthrough dragged the dollar down, allowing the domestic USDVND rate to edge lower despite persistent foreign net selling.

June 15, 2026

Chart of the day 2026/06/15: Selling pressure remains

Chart of the day 2026/06/15: Selling pressure remains

The short-term downtrend has been confirmed. In this context, investors should exercise caution, monitor the market closely, and wait for clear reversal signals before re-entering new positions.

June 15, 2026

Market commentary 2026/06/15: Selling pressure intensified

Market commentary 2026/06/15: Selling pressure intensified

The market continues to move sideways in the short term as buying demand remains insufficient to generate a meaningful breakout. Moreover, the index has yet to reclaim its medium-term moving average, suggesting that the current trend has not turned convincingly positive and requires further confirmation signals in the coming sessions.

June 15, 2026

Derivatives 2026/06/15: Late-session selling pressure

Derivatives 2026/06/15: Late-session selling pressure

With the Bearish Engulfing pattern confirmed last week, the downtrend may be re-established. Accordingly, traders may consider re-entering short positions in the upcoming session.

June 15, 2026

VPB- Brief - [NONRATED] - Strong credit expansion

VPB- Brief - [NONRATED] - Strong credit expansion

1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.

June 15, 2026

Market commentary 2026/06/12: Selling pressure returns

Market commentary 2026/06/12: Selling pressure returns

The market ended lower while liquidity remained subdued, suggesting that cautious investor sentiment continues to dominate. This performance also indicates that the market has yet to find a sufficiently strong catalyst for a sustainable recovery, and short-term volatility is likely to persist.

June 12, 2026

Derivatives 2026/06/12: Declining liquidity

Derivatives 2026/06/12: Declining liquidity

Current signals lack consistency. Traders should therefore wait for further trend confirmation before opening new positions.

June 12, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

In 1Q26, FRT recorded revenue of VND15,117bn (+29.5% yoy) and operating profit of VND474bn (+49% yoy). Both its core business chains, FPT Shop and Long Chau, recorded revenue growth and improved operating efficiency.

June 12, 2026

Market commentary: Green momentum continues

Market commentary: Green momentum continues

The market recorded its second consecutive recovery session, accompanied by a slight improvement in liquidity. Meanwhile, the index is approaching its 100-day moving average (MA100), suggesting that the market is nearing an important testing zone that could help determine its next directional trend in the period ahead.

June 11, 2026

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Chart of the day 2026/06/22: Awaiting confirmation signals

Chart of the day 2026/06/22: Awaiting confirmation signals

The signals remain inconsistent. Although the breakout session points to a possible reversal of the short-term downtrend, investors should wait for additional confirmation signals before reopening new positions.

June 22, 2026

Market commentary 2026/06/19: Green returns

Market commentary 2026/06/19: Green returns

Although the market posted a gain, liquidity declined. Moreover, the upward momentum was driven mainly by the "Vin" stocks, while most other sectors traded cautiously. This development reflects a lack of broad-based participation from market liquidity and suggests that the current trend still requires further confirmation from the market.

June 19, 2026

Derivatives 2026/06/19: Breakout signal anticipation

Derivatives 2026/06/19: Breakout signal anticipation

Technical signals lack uniformity. Therefore, traders need further signals to confirm the trend. Based on these signals, investors can initiate new positions.

June 19, 2026

Market commentary 2026/06/18: Bottom-fishing demand emerged

Market commentary 2026/06/18: Bottom-fishing demand emerged

The market closed lower, although bottom-fishing demand emerged and helped the index recover part of its losses toward the end of the session. This suggests that cash flow is still monitoring and participating at lower price levels. However, selling pressure remains present, indicating that short-term market movements are likely to remain volatile. Therefore, additional signals from upcoming sessions will be needed to confirm the market's direction more clearly.

June 18, 2026

Derivatives 2026/06/18: Capital flows at lower  price levels

Derivatives 2026/06/18: Capital flows at lower price levels

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.

June 18, 2026

Market commentary 2026/06/17: Selling pressure on large-cap stocks

Market commentary 2026/06/17: Selling pressure on large-cap stocks

The market successfully moved above the 1,800-point threshold and reclaimed its 100-day moving average, signaling a positive technical development. However, liquidity remained subdued and selling pressure was still evident during the session, suggesting that investor sentiment remains cautious and that the current rebound requires further confirmation.

June 17, 2026

Derivatives 2026/06/17: Awaiting a breakout signal

Derivatives 2026/06/17: Awaiting a breakout signal

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals regarding the next trend before reopening new positions.

June 17, 2026

Derivatives 2026/06/16: Awaiting a breakout signal

Derivatives 2026/06/16: Awaiting a breakout signal

Technical signals remain mixed and lack clear confirmation. Investors are advised to wait for additional directional signals before initiating new positions.

June 16, 2026

Market commentary 2026/06/16: Green start to the week

Market commentary 2026/06/16: Green start to the week

The market ended higher with improving liquidity, suggesting that buying interest may be returning after the recent correction. However, the index has yet to break above its key moving averages, indicating that the prevailing downtrend has not been fully reversed. Therefore, additional signals from upcoming sessions will be needed to confirm the market’s direction.

June 16, 2026

Covered warrant 2026/06/16: Capital flows continue to decline

Covered warrant 2026/06/16: Capital flows continue to decline

During the week, the covered warrant market continued to show negative performance as liquidity declined and most warrants closed lower. In the underlying equity market, the index also corrected while liquidity remained subdued, indicating that cautious investor sentiment continues to dominate capital flows.

June 16, 2026

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

By investor group, trading activity from both domestic retail investors and domestic institutional investors continued to weaken, falling 4.3% and 25.2%, respectively, from the previous week.

June 16, 2026

24W26: SBV extends net withdrawal as interbank rates edge lower

24W26: SBV extends net withdrawal as interbank rates edge lower

In 24W26, the SBV extends its net liquidity withdrawal for a second consecutive week as immediate system pressures ease. Tracking this development, interbank rates decline across all tenors with a steeper yield curve, driven by a sharp pullback at the short end. Regarding the FX market, the greenback's momentum completely reversed toward the weekend as a Middle East peace breakthrough dragged the dollar down, allowing the domestic USDVND rate to edge lower despite persistent foreign net selling.

June 15, 2026

Chart of the day 2026/06/15: Selling pressure remains

Chart of the day 2026/06/15: Selling pressure remains

The short-term downtrend has been confirmed. In this context, investors should exercise caution, monitor the market closely, and wait for clear reversal signals before re-entering new positions.

June 15, 2026

Market commentary 2026/06/15: Selling pressure intensified

Market commentary 2026/06/15: Selling pressure intensified

The market continues to move sideways in the short term as buying demand remains insufficient to generate a meaningful breakout. Moreover, the index has yet to reclaim its medium-term moving average, suggesting that the current trend has not turned convincingly positive and requires further confirmation signals in the coming sessions.

June 15, 2026

Derivatives 2026/06/15: Late-session selling pressure

Derivatives 2026/06/15: Late-session selling pressure

With the Bearish Engulfing pattern confirmed last week, the downtrend may be re-established. Accordingly, traders may consider re-entering short positions in the upcoming session.

June 15, 2026

VPB- Brief - [NONRATED] - Strong credit expansion

VPB- Brief - [NONRATED] - Strong credit expansion

1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.

June 15, 2026

Market commentary 2026/06/12: Selling pressure returns

Market commentary 2026/06/12: Selling pressure returns

The market ended lower while liquidity remained subdued, suggesting that cautious investor sentiment continues to dominate. This performance also indicates that the market has yet to find a sufficiently strong catalyst for a sustainable recovery, and short-term volatility is likely to persist.

June 12, 2026

Derivatives 2026/06/12: Declining liquidity

Derivatives 2026/06/12: Declining liquidity

Current signals lack consistency. Traders should therefore wait for further trend confirmation before opening new positions.

June 12, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

In 1Q26, FRT recorded revenue of VND15,117bn (+29.5% yoy) and operating profit of VND474bn (+49% yoy). Both its core business chains, FPT Shop and Long Chau, recorded revenue growth and improved operating efficiency.

June 12, 2026

Market commentary: Green momentum continues

Market commentary: Green momentum continues

The market recorded its second consecutive recovery session, accompanied by a slight improvement in liquidity. Meanwhile, the index is approaching its 100-day moving average (MA100), suggesting that the market is nearing an important testing zone that could help determine its next directional trend in the period ahead.

June 11, 2026

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Market commentary 2026/07/23: Negative sentiment
Market commentary 2026/07/23: Negative sentimentMarket sentiment remained negative as the index repeatedly formed new lows over the past three months. This suggests that the downtrend will likely continue in the period ahead, particularly given the rise in liquidity during this session. Investors should therefore exercise caution and keep their stock allocation at a safe level.PDFBai Daily ngay_En_20260723
July 23, 2026
Derivatives 2026/07/23: Negative sentiment
Derivatives 2026/07/23: Negative sentimentThe contract confirmed a short-term downtrend. Accordingly, traders may reopen Short positions in the upcoming sessions.PDFDerivative daily_En_20260723
July 23, 2026
Market commentary 2026/07/22: Selling pressure persists
Market commentary 2026/07/22: Selling pressure persistsThe market recorded its third consecutive losing session, indicating that buying demand remains insufficient to improve overall market performance. In addition, the short-term trend remains negative, suggesting that the market may continue to experience volatility in the coming sessions.PDFBai Daily ngay_En_20260722
July 22, 2026
Derivatives 2026/07/22: Selling pressure at high  price levels
Derivatives 2026/07/22: Selling pressure at high price levelsThe contract confirmed a short-term downward trend. Therefore, traders may reopen Short positions in the coming sessions.PDFDerivative daily_En_20260722
July 22, 2026
ETF review: Local ETFs buy GMD and MCH the most
ETF review: Local ETFs buy GMD and MCH the mostHoSE announced the new constituents of the VN30 Index and VNFIN LEAD Index in 3Q26. Accordingly, the VN30 Index will remove PLX and TPB and add MCH and TCX. Additionally, the VNFIN LEAD will include VCK and TCX and remove LPB. In this quarterly review, the VNDiamond Index rebalances its weights according to the new free-float rate, shares outstanding, and price. The new weights will be effective on 3 Aug 2026. Based on data as of 20 Jul 2026, we expect local ETFs to buy GMD, MCH, and HDB the most, with volumes of 3.5 million shares, 2.5 million shares, and 2.2 million shares, respectively. On the sell side, TPB, TCB, and PNJ are expected to be heavily sold, with 7.5 million shares, 6.1 million shares, and 6.1 million shares, respectively. PDFVN30_Index_ETF_En_POST_202607
July 22, 2026
SZC – Brief – [NONRATED] – Accounting Shift Drags 2Q26 Top-line
SZC – Brief – [NONRATED] – Accounting Shift Drags 2Q26 Top-lineIn 2Q26, SZC reported VND132bn revenue (+30% QoQ, -39% YoY) with a GP of VND52bn (+49% QoQ, -62% YoY). Net profit came in at VND19bn (+10% QoQ, -80% YoY).PDFSZC - Brief - [NONRATED] - Accounting Shift Drags 2Q26 Top-line
July 22, 2026
TCB - Earnings review- [BUY]- Higher-than-expected earnings growth
TCB - Earnings review- [BUY]- Higher-than-expected earnings growth2Q26 PBT rose +22.4% YoY to VND 9,670bn, driven by robust credit expansion, strong net fee income, and lower provision expenses. 1H26 PBT reached VND 18,540bn (+22.5% YoY), completing 49% of the full-year 2026 target. Net profit grew +17.7% YoY to VND 7,350bn in 2Q26, fulfilling 112% of KIS’s estimate.PDFTCB - Earnings review- [BUY]- Higher-than-expected earnings growth
July 22, 2026
Market commentary 2026/07/21: Heavy selling pressure
Market commentary 2026/07/21: Heavy selling pressureThe market posted a sharp decline accompanied by higher trading liquidity, reflecting intensifying selling pressure and short-term distribution signals. This suggests that downside risks remain elevated, and the market may need more time to establish a solid base before forming a new trend.PDFBai Daily ngay_En_20260721
July 21, 2026
Derivatives 2026/07/21: A new low
Derivatives 2026/07/21: A new lowThe contract confirmed a short-term downtrend. Investors may therefore reopen short positions in the coming sessions.PDFDerivative daily_En_20260721
July 21, 2026
Covered warrant 2026/07/21: Cautious sentiment
Covered warrant 2026/07/21: Cautious sentimentDuring the week, the covered warrant market recorded a modest improvement in liquidity. However, declining covered warrants continued to outnumber advancing ones as the underlying equity market remained under pressure and has yet to show clear signs of recovery, reflecting that cautious investor sentiment continues to dominate trading activity.PDFStrategy CW weekly_En_20260721
July 21, 2026
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