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주요 뉴스

Chart of the day 2026/08/24: A breakout session

Chart of the day 2026/08/24: A breakout session

The uptrend may return given the sharp rise in liquidity in last week's final session. However, further confirmation signals remain necessary. Investors should therefore wait for these signals before reopening new positions.

2026년 8월 24일

Derivatives 2026/08/24: Cash flow returns

Derivatives 2026/08/24: Cash flow returns

The uptrend may return, but additional confirmation signals warrant further observation. Traders may therefore reopen Long positions once these signals appear.

2026년 8월 24일

Market commentary 2026/08/24: Market breakout

Market commentary 2026/08/24: Market breakout

The market posted a strong gain alongside a significant increase in liquidity, indicating that capital flows were supportive of the rally and trading sentiment improved. In addition, the index's move back above its 10- and 20-period moving averages represents a positive technical signal, reinforcing the potential for the short-term recovery to continue.

2026년 8월 24일

Market commentary 2026/08/21: Liquidity continued to weaken

Market commentary 2026/08/21: Liquidity continued to weaken

The market returned to positive territory, although liquidity continued to decline, indicating that capital flows remained cautious and have yet to show clear confirmation of the recovery. In addition, the index has yet to reclaim its key moving averages; therefore, the current rebound signal is not sufficiently convincing to confirm a clear improvement in the trend.

2026년 8월 21일

Derivatives 2026/08/21: Selling pressure persists

Derivatives 2026/08/21: Selling pressure persists

The signals still lack consistency. Traders should therefore remain cautious and wait for further confirmation in the next session before reopening new positions.

2026년 8월 21일

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

In 2Q26, FRT recorded revenue of VND15,626bn (+37.2% YoY and +3.4% QoQ) and operating profit of VND598bn (+152% YoY or +26% QoQ). QoQ growth was mainly driven by the efficient expansion of the Long Chau chain, while the FPT Shop chain trended sideways

2026년 8월 21일

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

2Q26 PAT surged +21% YoY to VND 11,783bn, driven by robust net interest and service fee income alongside well-controlled operating expenses. 1H26 earnings rose +36%yoy to VND20,744bn, accounting for 57% of full-year 2026 guidance.

2026년 8월 21일

Market commentary 2026/08/20: Low liquidity

Market commentary 2026/08/20: Low liquidity

The market declined amid low liquidity, indicating that capital flows remained cautious. Meanwhile, the index's failure to recover above its short-term moving averages suggests that the short-term trend has yet to show a clear improvement, while downside risks remain.

2026년 8월 20일

Derivatives 2026/08/20: Caution persists

Derivatives 2026/08/20: Caution persists

The signals remain inconsistent. Traders should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 20일

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

In 2Q26, revenue reached VND2,431bn (-3% yoy), mainly supported by the office leasing and M&E segments, offsetting weaker revenue from property development. Gross profit reached VND924bn (+8% yoy), with the gross margin improving to 38.0% (+4.1%p yoy)

2026년 8월 20일

Market commentary 2026/08/19: Market recovery

Market commentary 2026/08/19: Market recovery

The market recorded a recovery, although liquidity remained low, indicating that capital flows have yet to show clear confirmation of the rebound. As the index is approaching its 20-period moving average, price action around this level will play an important role in confirming whether the current recovery can continue.

2026년 8월 19일

Derivatives 2026/08/19:  Caution phase

Derivatives 2026/08/19: Caution phase

Signals remain inconsistent. Investors should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 19일

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

In 2Q26, DPM posted revenue of VND6,986bn, up 32% yoy. Growth was mainly driven by sharply higher selling prices. Gross profit grew strongly to VND1,665bn, +86% yoy, with gross margin at 23.8%, +6.9ppt yoy and +7.1ppt qoq. NPAT reached VND916bn, +122% yoy.

2026년 8월 19일

33W26: Interbank rates diverge while USDVND softens further

33W26: Interbank rates diverge while USDVND softens further

During 33W26, the SBV returned to a net liquidity withdrawal via open market operations after two consecutive weeks of net injection, signaling that short-term funding pressures across the banking system have moderated. Interbank rates displayed mixed movements, with short-term tenors falling sharply while longer tenors edged slightly higher. On the FX front, the domestic USDVND rate decreased by 0.23% WoW to close at 26,144, diverging from the modest uptick in the U.S. dollar as cooling U.S. CPI and PPI data lowered September Fed rate hike expectations, while foreign investors maintained substantial net selling on the HoSE.

2026년 8월 18일

Market commentary 2026/08/18: Market declines slightly

Market commentary 2026/08/18: Market declines slightly

The market closed with a Doji candlestick amid persistently low liquidity, reflecting the tug-of-war and investor indecision as neither buying nor selling pressure gained a clear advantage. Therefore, investors should maintain a cautious approach to their portfolios.

2026년 8월 18일

Derivatives 2026/08/18: Awaiting confirmation

Derivatives 2026/08/18: Awaiting confirmation

Signals remain mixed. Investors should therefore exercise caution and wait for additional confirmation in the next session before they open new positions.

2026년 8월 18일

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

By investor group, trading activity among both domestic retail and institutional investors declined, falling 1.2% and 11.4%, respectively, from the previous week.

2026년 8월 18일

Covered warrant 2026/08/18: Cautious sentiment

Covered warrant 2026/08/18: Cautious sentiment

During the week, covered warrant market liquidity improved in terms of trading volume, mainly driven by an increase in the number of outstanding warrants following new issuances. However, trading value declined slightly, while the number of declining warrants outnumbered gainers, reflecting relatively weak market performance. Meanwhile, the underlying market also came under strong correction pressure, with the index falling 2.2% for the week, which partly weighed on the performance of the covered warrant market.

2026년 8월 18일

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

In 2Q26, PVS recorded revenue and NPAT respectively at VND8.6tn (+17% yoy, ~88% KIS forecast) and VND563bn (+78% yoy, ~118% KIS forecast). Robust NPAT growth is mainly driven by a VND460bn one-off gain from compensation related to the termination fee of an offshore wind power project.

2026년 8월 18일

Derivatives 2026/08/17: A sell signal?

Derivatives 2026/08/17: A sell signal?

The signals remain inconsistent now that a sell signal has appeared. Traders should therefore stay cautious and wait for additional confirmation signals in the next session before opening new positions.

2026년 8월 17일

주요 프로모션

Chart of the day 2026/08/24: A breakout session

Chart of the day 2026/08/24: A breakout session

The uptrend may return given the sharp rise in liquidity in last week's final session. However, further confirmation signals remain necessary. Investors should therefore wait for these signals before reopening new positions.

2026년 8월 24일

Derivatives 2026/08/24: Cash flow returns

Derivatives 2026/08/24: Cash flow returns

The uptrend may return, but additional confirmation signals warrant further observation. Traders may therefore reopen Long positions once these signals appear.

2026년 8월 24일

Market commentary 2026/08/24: Market breakout

Market commentary 2026/08/24: Market breakout

The market posted a strong gain alongside a significant increase in liquidity, indicating that capital flows were supportive of the rally and trading sentiment improved. In addition, the index's move back above its 10- and 20-period moving averages represents a positive technical signal, reinforcing the potential for the short-term recovery to continue.

2026년 8월 24일

Market commentary 2026/08/21: Liquidity continued to weaken

Market commentary 2026/08/21: Liquidity continued to weaken

The market returned to positive territory, although liquidity continued to decline, indicating that capital flows remained cautious and have yet to show clear confirmation of the recovery. In addition, the index has yet to reclaim its key moving averages; therefore, the current rebound signal is not sufficiently convincing to confirm a clear improvement in the trend.

2026년 8월 21일

Derivatives 2026/08/21: Selling pressure persists

Derivatives 2026/08/21: Selling pressure persists

The signals still lack consistency. Traders should therefore remain cautious and wait for further confirmation in the next session before reopening new positions.

2026년 8월 21일

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

In 2Q26, FRT recorded revenue of VND15,626bn (+37.2% YoY and +3.4% QoQ) and operating profit of VND598bn (+152% YoY or +26% QoQ). QoQ growth was mainly driven by the efficient expansion of the Long Chau chain, while the FPT Shop chain trended sideways

2026년 8월 21일

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

2Q26 PAT surged +21% YoY to VND 11,783bn, driven by robust net interest and service fee income alongside well-controlled operating expenses. 1H26 earnings rose +36%yoy to VND20,744bn, accounting for 57% of full-year 2026 guidance.

2026년 8월 21일

Market commentary 2026/08/20: Low liquidity

Market commentary 2026/08/20: Low liquidity

The market declined amid low liquidity, indicating that capital flows remained cautious. Meanwhile, the index's failure to recover above its short-term moving averages suggests that the short-term trend has yet to show a clear improvement, while downside risks remain.

2026년 8월 20일

Derivatives 2026/08/20: Caution persists

Derivatives 2026/08/20: Caution persists

The signals remain inconsistent. Traders should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 20일

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

In 2Q26, revenue reached VND2,431bn (-3% yoy), mainly supported by the office leasing and M&E segments, offsetting weaker revenue from property development. Gross profit reached VND924bn (+8% yoy), with the gross margin improving to 38.0% (+4.1%p yoy)

2026년 8월 20일

Market commentary 2026/08/19: Market recovery

Market commentary 2026/08/19: Market recovery

The market recorded a recovery, although liquidity remained low, indicating that capital flows have yet to show clear confirmation of the rebound. As the index is approaching its 20-period moving average, price action around this level will play an important role in confirming whether the current recovery can continue.

2026년 8월 19일

Derivatives 2026/08/19:  Caution phase

Derivatives 2026/08/19: Caution phase

Signals remain inconsistent. Investors should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 19일

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

In 2Q26, DPM posted revenue of VND6,986bn, up 32% yoy. Growth was mainly driven by sharply higher selling prices. Gross profit grew strongly to VND1,665bn, +86% yoy, with gross margin at 23.8%, +6.9ppt yoy and +7.1ppt qoq. NPAT reached VND916bn, +122% yoy.

2026년 8월 19일

33W26: Interbank rates diverge while USDVND softens further

33W26: Interbank rates diverge while USDVND softens further

During 33W26, the SBV returned to a net liquidity withdrawal via open market operations after two consecutive weeks of net injection, signaling that short-term funding pressures across the banking system have moderated. Interbank rates displayed mixed movements, with short-term tenors falling sharply while longer tenors edged slightly higher. On the FX front, the domestic USDVND rate decreased by 0.23% WoW to close at 26,144, diverging from the modest uptick in the U.S. dollar as cooling U.S. CPI and PPI data lowered September Fed rate hike expectations, while foreign investors maintained substantial net selling on the HoSE.

2026년 8월 18일

Market commentary 2026/08/18: Market declines slightly

Market commentary 2026/08/18: Market declines slightly

The market closed with a Doji candlestick amid persistently low liquidity, reflecting the tug-of-war and investor indecision as neither buying nor selling pressure gained a clear advantage. Therefore, investors should maintain a cautious approach to their portfolios.

2026년 8월 18일

Derivatives 2026/08/18: Awaiting confirmation

Derivatives 2026/08/18: Awaiting confirmation

Signals remain mixed. Investors should therefore exercise caution and wait for additional confirmation in the next session before they open new positions.

2026년 8월 18일

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

By investor group, trading activity among both domestic retail and institutional investors declined, falling 1.2% and 11.4%, respectively, from the previous week.

2026년 8월 18일

Covered warrant 2026/08/18: Cautious sentiment

Covered warrant 2026/08/18: Cautious sentiment

During the week, covered warrant market liquidity improved in terms of trading volume, mainly driven by an increase in the number of outstanding warrants following new issuances. However, trading value declined slightly, while the number of declining warrants outnumbered gainers, reflecting relatively weak market performance. Meanwhile, the underlying market also came under strong correction pressure, with the index falling 2.2% for the week, which partly weighed on the performance of the covered warrant market.

2026년 8월 18일

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

In 2Q26, PVS recorded revenue and NPAT respectively at VND8.6tn (+17% yoy, ~88% KIS forecast) and VND563bn (+78% yoy, ~118% KIS forecast). Robust NPAT growth is mainly driven by a VND460bn one-off gain from compensation related to the termination fee of an offshore wind power project.

2026년 8월 18일

Derivatives 2026/08/17: A sell signal?

Derivatives 2026/08/17: A sell signal?

The signals remain inconsistent now that a sell signal has appeared. Traders should therefore stay cautious and wait for additional confirmation signals in the next session before opening new positions.

2026년 8월 17일

주요 뉴스

Chart of the day 2026/08/24: A breakout session

Chart of the day 2026/08/24: A breakout session

The uptrend may return given the sharp rise in liquidity in last week's final session. However, further confirmation signals remain necessary. Investors should therefore wait for these signals before reopening new positions.

2026년 8월 24일

Derivatives 2026/08/24: Cash flow returns

Derivatives 2026/08/24: Cash flow returns

The uptrend may return, but additional confirmation signals warrant further observation. Traders may therefore reopen Long positions once these signals appear.

2026년 8월 24일

Market commentary 2026/08/24: Market breakout

Market commentary 2026/08/24: Market breakout

The market posted a strong gain alongside a significant increase in liquidity, indicating that capital flows were supportive of the rally and trading sentiment improved. In addition, the index's move back above its 10- and 20-period moving averages represents a positive technical signal, reinforcing the potential for the short-term recovery to continue.

2026년 8월 24일

Market commentary 2026/08/21: Liquidity continued to weaken

Market commentary 2026/08/21: Liquidity continued to weaken

The market returned to positive territory, although liquidity continued to decline, indicating that capital flows remained cautious and have yet to show clear confirmation of the recovery. In addition, the index has yet to reclaim its key moving averages; therefore, the current rebound signal is not sufficiently convincing to confirm a clear improvement in the trend.

2026년 8월 21일

Derivatives 2026/08/21: Selling pressure persists

Derivatives 2026/08/21: Selling pressure persists

The signals still lack consistency. Traders should therefore remain cautious and wait for further confirmation in the next session before reopening new positions.

2026년 8월 21일

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

In 2Q26, FRT recorded revenue of VND15,626bn (+37.2% YoY and +3.4% QoQ) and operating profit of VND598bn (+152% YoY or +26% QoQ). QoQ growth was mainly driven by the efficient expansion of the Long Chau chain, while the FPT Shop chain trended sideways

2026년 8월 21일

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

2Q26 PAT surged +21% YoY to VND 11,783bn, driven by robust net interest and service fee income alongside well-controlled operating expenses. 1H26 earnings rose +36%yoy to VND20,744bn, accounting for 57% of full-year 2026 guidance.

2026년 8월 21일

Market commentary 2026/08/20: Low liquidity

Market commentary 2026/08/20: Low liquidity

The market declined amid low liquidity, indicating that capital flows remained cautious. Meanwhile, the index's failure to recover above its short-term moving averages suggests that the short-term trend has yet to show a clear improvement, while downside risks remain.

2026년 8월 20일

Derivatives 2026/08/20: Caution persists

Derivatives 2026/08/20: Caution persists

The signals remain inconsistent. Traders should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 20일

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

In 2Q26, revenue reached VND2,431bn (-3% yoy), mainly supported by the office leasing and M&E segments, offsetting weaker revenue from property development. Gross profit reached VND924bn (+8% yoy), with the gross margin improving to 38.0% (+4.1%p yoy)

2026년 8월 20일

Market commentary 2026/08/19: Market recovery

Market commentary 2026/08/19: Market recovery

The market recorded a recovery, although liquidity remained low, indicating that capital flows have yet to show clear confirmation of the rebound. As the index is approaching its 20-period moving average, price action around this level will play an important role in confirming whether the current recovery can continue.

2026년 8월 19일

Derivatives 2026/08/19:  Caution phase

Derivatives 2026/08/19: Caution phase

Signals remain inconsistent. Investors should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 19일

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

In 2Q26, DPM posted revenue of VND6,986bn, up 32% yoy. Growth was mainly driven by sharply higher selling prices. Gross profit grew strongly to VND1,665bn, +86% yoy, with gross margin at 23.8%, +6.9ppt yoy and +7.1ppt qoq. NPAT reached VND916bn, +122% yoy.

2026년 8월 19일

33W26: Interbank rates diverge while USDVND softens further

33W26: Interbank rates diverge while USDVND softens further

During 33W26, the SBV returned to a net liquidity withdrawal via open market operations after two consecutive weeks of net injection, signaling that short-term funding pressures across the banking system have moderated. Interbank rates displayed mixed movements, with short-term tenors falling sharply while longer tenors edged slightly higher. On the FX front, the domestic USDVND rate decreased by 0.23% WoW to close at 26,144, diverging from the modest uptick in the U.S. dollar as cooling U.S. CPI and PPI data lowered September Fed rate hike expectations, while foreign investors maintained substantial net selling on the HoSE.

2026년 8월 18일

Market commentary 2026/08/18: Market declines slightly

Market commentary 2026/08/18: Market declines slightly

The market closed with a Doji candlestick amid persistently low liquidity, reflecting the tug-of-war and investor indecision as neither buying nor selling pressure gained a clear advantage. Therefore, investors should maintain a cautious approach to their portfolios.

2026년 8월 18일

Derivatives 2026/08/18: Awaiting confirmation

Derivatives 2026/08/18: Awaiting confirmation

Signals remain mixed. Investors should therefore exercise caution and wait for additional confirmation in the next session before they open new positions.

2026년 8월 18일

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

By investor group, trading activity among both domestic retail and institutional investors declined, falling 1.2% and 11.4%, respectively, from the previous week.

2026년 8월 18일

Covered warrant 2026/08/18: Cautious sentiment

Covered warrant 2026/08/18: Cautious sentiment

During the week, covered warrant market liquidity improved in terms of trading volume, mainly driven by an increase in the number of outstanding warrants following new issuances. However, trading value declined slightly, while the number of declining warrants outnumbered gainers, reflecting relatively weak market performance. Meanwhile, the underlying market also came under strong correction pressure, with the index falling 2.2% for the week, which partly weighed on the performance of the covered warrant market.

2026년 8월 18일

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

In 2Q26, PVS recorded revenue and NPAT respectively at VND8.6tn (+17% yoy, ~88% KIS forecast) and VND563bn (+78% yoy, ~118% KIS forecast). Robust NPAT growth is mainly driven by a VND460bn one-off gain from compensation related to the termination fee of an offshore wind power project.

2026년 8월 18일

Derivatives 2026/08/17: A sell signal?

Derivatives 2026/08/17: A sell signal?

The signals remain inconsistent now that a sell signal has appeared. Traders should therefore stay cautious and wait for additional confirmation signals in the next session before opening new positions.

2026년 8월 17일

주요 프로모션

Chart of the day 2026/08/24: A breakout session

Chart of the day 2026/08/24: A breakout session

The uptrend may return given the sharp rise in liquidity in last week's final session. However, further confirmation signals remain necessary. Investors should therefore wait for these signals before reopening new positions.

2026년 8월 24일

Derivatives 2026/08/24: Cash flow returns

Derivatives 2026/08/24: Cash flow returns

The uptrend may return, but additional confirmation signals warrant further observation. Traders may therefore reopen Long positions once these signals appear.

2026년 8월 24일

Market commentary 2026/08/24: Market breakout

Market commentary 2026/08/24: Market breakout

The market posted a strong gain alongside a significant increase in liquidity, indicating that capital flows were supportive of the rally and trading sentiment improved. In addition, the index's move back above its 10- and 20-period moving averages represents a positive technical signal, reinforcing the potential for the short-term recovery to continue.

2026년 8월 24일

Market commentary 2026/08/21: Liquidity continued to weaken

Market commentary 2026/08/21: Liquidity continued to weaken

The market returned to positive territory, although liquidity continued to decline, indicating that capital flows remained cautious and have yet to show clear confirmation of the recovery. In addition, the index has yet to reclaim its key moving averages; therefore, the current rebound signal is not sufficiently convincing to confirm a clear improvement in the trend.

2026년 8월 21일

Derivatives 2026/08/21: Selling pressure persists

Derivatives 2026/08/21: Selling pressure persists

The signals still lack consistency. Traders should therefore remain cautious and wait for further confirmation in the next session before reopening new positions.

2026년 8월 21일

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

FRT - Brief - [NONRATED] - 2Q26: FPT Shop restructures efficiently, Long Chau delivers stable growth

In 2Q26, FRT recorded revenue of VND15,626bn (+37.2% YoY and +3.4% QoQ) and operating profit of VND598bn (+152% YoY or +26% QoQ). QoQ growth was mainly driven by the efficient expansion of the Long Chau chain, while the FPT Shop chain trended sideways

2026년 8월 21일

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

CTG-Breif-[NONRATED]- 2Q26: Robust Performance

2Q26 PAT surged +21% YoY to VND 11,783bn, driven by robust net interest and service fee income alongside well-controlled operating expenses. 1H26 earnings rose +36%yoy to VND20,744bn, accounting for 57% of full-year 2026 guidance.

2026년 8월 21일

Market commentary 2026/08/20: Low liquidity

Market commentary 2026/08/20: Low liquidity

The market declined amid low liquidity, indicating that capital flows remained cautious. Meanwhile, the index's failure to recover above its short-term moving averages suggests that the short-term trend has yet to show a clear improvement, while downside risks remain.

2026년 8월 20일

Derivatives 2026/08/20: Caution persists

Derivatives 2026/08/20: Caution persists

The signals remain inconsistent. Traders should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 20일

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

REE - Brief - [NONRATED] - 2Q26: M&E boosted profit growth

In 2Q26, revenue reached VND2,431bn (-3% yoy), mainly supported by the office leasing and M&E segments, offsetting weaker revenue from property development. Gross profit reached VND924bn (+8% yoy), with the gross margin improving to 38.0% (+4.1%p yoy)

2026년 8월 20일

Market commentary 2026/08/19: Market recovery

Market commentary 2026/08/19: Market recovery

The market recorded a recovery, although liquidity remained low, indicating that capital flows have yet to show clear confirmation of the rebound. As the index is approaching its 20-period moving average, price action around this level will play an important role in confirming whether the current recovery can continue.

2026년 8월 19일

Derivatives 2026/08/19:  Caution phase

Derivatives 2026/08/19: Caution phase

Signals remain inconsistent. Investors should therefore stay cautious and wait for further confirmation in the next session before opening new positions.

2026년 8월 19일

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

DPM – Brief – [NONRATED] – 2Q26: Continuing to benefit from selling prices

In 2Q26, DPM posted revenue of VND6,986bn, up 32% yoy. Growth was mainly driven by sharply higher selling prices. Gross profit grew strongly to VND1,665bn, +86% yoy, with gross margin at 23.8%, +6.9ppt yoy and +7.1ppt qoq. NPAT reached VND916bn, +122% yoy.

2026년 8월 19일

33W26: Interbank rates diverge while USDVND softens further

33W26: Interbank rates diverge while USDVND softens further

During 33W26, the SBV returned to a net liquidity withdrawal via open market operations after two consecutive weeks of net injection, signaling that short-term funding pressures across the banking system have moderated. Interbank rates displayed mixed movements, with short-term tenors falling sharply while longer tenors edged slightly higher. On the FX front, the domestic USDVND rate decreased by 0.23% WoW to close at 26,144, diverging from the modest uptick in the U.S. dollar as cooling U.S. CPI and PPI data lowered September Fed rate hike expectations, while foreign investors maintained substantial net selling on the HoSE.

2026년 8월 18일

Market commentary 2026/08/18: Market declines slightly

Market commentary 2026/08/18: Market declines slightly

The market closed with a Doji candlestick amid persistently low liquidity, reflecting the tug-of-war and investor indecision as neither buying nor selling pressure gained a clear advantage. Therefore, investors should maintain a cautious approach to their portfolios.

2026년 8월 18일

Derivatives 2026/08/18: Awaiting confirmation

Derivatives 2026/08/18: Awaiting confirmation

Signals remain mixed. Investors should therefore exercise caution and wait for additional confirmation in the next session before they open new positions.

2026년 8월 18일

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

Market Traders 2026/08/18: Proprietary trading returned to strong net buying

By investor group, trading activity among both domestic retail and institutional investors declined, falling 1.2% and 11.4%, respectively, from the previous week.

2026년 8월 18일

Covered warrant 2026/08/18: Cautious sentiment

Covered warrant 2026/08/18: Cautious sentiment

During the week, covered warrant market liquidity improved in terms of trading volume, mainly driven by an increase in the number of outstanding warrants following new issuances. However, trading value declined slightly, while the number of declining warrants outnumbered gainers, reflecting relatively weak market performance. Meanwhile, the underlying market also came under strong correction pressure, with the index falling 2.2% for the week, which partly weighed on the performance of the covered warrant market.

2026년 8월 18일

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

PVS – Earnings Review – [HOLD] – 2Q26: One-off gain boosted earnings

In 2Q26, PVS recorded revenue and NPAT respectively at VND8.6tn (+17% yoy, ~88% KIS forecast) and VND563bn (+78% yoy, ~118% KIS forecast). Robust NPAT growth is mainly driven by a VND460bn one-off gain from compensation related to the termination fee of an offshore wind power project.

2026년 8월 18일

Derivatives 2026/08/17: A sell signal?

Derivatives 2026/08/17: A sell signal?

The signals remain inconsistent now that a sell signal has appeared. Traders should therefore stay cautious and wait for additional confirmation signals in the next session before opening new positions.

2026년 8월 17일

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