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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

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

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

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

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

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

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

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

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

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

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

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

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

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

PVD’s 1Q26 revenue reached VND3,401bn (+126% yoy, ~110% of KIS forecast). Gross profit recorded strong growth at VND638bn (+136% yoy, ~94% of KIS forecast). 1Q26 NPAT reached VND300bn (+110% yoy), below our expectations but still at a strong level.

June 11, 2026

May 2026: The banking sector emerged as the leading issuer

In May, total value of bond issuance declined 41.8% yoy and -7.67% mom to VND43,163bn (Fig. 1). The Banking issued VND25,450bn, 26% mom, and accounted for 59%. Major issuer was Techcombank (VND8,000bn, Table 1) and Military Bank (VND7,250bn). The Real Estates issued 14,180VNDbn with +9% yoy, -5% mom and accounting for 32.9% of total issuance (Fig. 2). VHM was the main issuer with VND8,000bn. The average coupon rate still remained 5.3% in May 2026 (Fig. 3). The Real Estate coupon rate increased to 12.5%, while the banking coupon rate maintained at 8.5%. Bond tenors were focus on ≤ 3 Years (82.95%). Notably, bond tenor of 7-10 years re-arranged after being absent in April (11.24%) (Fig 4).

June 10, 2026

Derivatives: Decline stalls

The short-term downtrend remains confirmed, accompanied by increasing liquidity. Accordingly, traders may consider opening short positions in the near term.

June 10, 2026

Market commentary: Demand emerges

The market managed to rebound; however, the recovery remained modest as gains were limited and liquidity declined significantly. In contrast, the previous sharp decline was accompanied by a notable increase in trading activity, suggesting that selling pressure still outweighs buying demand. Therefore, investors should continue monitoring upcoming sessions for clearer signals regarding the market's near-term direction.

June 10, 2026

Market commentary: Red dominated the start of the week

The market recorded a sharp decline accompanied by rising liquidity, indicating a significant increase in selling pressure. This development was partly driven by the broad-based weakness across global equity markets, which negatively affected domestic investor sentiment and placed additional corrective pressure on the index.

June 9, 2026

Derivatives: Downtrend confirmed

The short-term downtrend has been confirmed, supported by a significant increase in session liquidity. Traders may therefore consider opening short positions in the near term.

June 9, 2026

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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

June 16, 2026

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

June 16, 2026

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

June 15, 2026

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

June 15, 2026

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

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

June 12, 2026

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

June 12, 2026

Market commentary: Green momentum continues

June 11, 2026

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

June 11, 2026

May 2026: The banking sector emerged as the leading issuer

June 10, 2026

Derivatives: Decline stalls

The short-term downtrend remains confirmed, accompanied by increasing liquidity. Accordingly, traders may consider opening short positions in the near term.

June 10, 2026

Market commentary: Demand emerges

June 10, 2026

Market commentary: Red dominated the start of the week

June 9, 2026

Derivatives: Downtrend confirmed

The short-term downtrend has been confirmed, supported by a significant increase in session liquidity. Traders may therefore consider opening short positions in the near term.

June 9, 2026

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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

June 16, 2026

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

June 16, 2026

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

June 15, 2026

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

June 15, 2026

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

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

June 12, 2026

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

June 12, 2026

Market commentary: Green momentum continues

June 11, 2026

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

June 11, 2026

May 2026: The banking sector emerged as the leading issuer

June 10, 2026

Derivatives: Decline stalls

The short-term downtrend remains confirmed, accompanied by increasing liquidity. Accordingly, traders may consider opening short positions in the near term.

June 10, 2026

Market commentary: Demand emerges

June 10, 2026

Market commentary: Red dominated the start of the week

June 9, 2026

Derivatives: Downtrend confirmed

The short-term downtrend has been confirmed, supported by a significant increase in session liquidity. Traders may therefore consider opening short positions in the near term.

June 9, 2026