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주요 뉴스
![BWE– Brief – [NONRATED] – Earnings continued to grow steadily](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2Fgxdpv4jt%2Fbwe.png%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
BWE– Brief – [NONRATED] – Earnings continued to grow steadily
In 2Q26, revenue reached VND1,222bn (-8% n/n), mainly due to declines in the wastewater treatment and waste treatment segments, while the water supply segment remained stable. Meanwhile, GP reached VND564bn (+11% n/n), with gross margin expanding to 46.2% (+7.8%p n/n).2026년 9월 11일
Derivatives 2026/09/10: Accumulation continues
Signals remain inconsistent. Traders should therefore monitor the market with caution and wait for further technical confirmation before opening new positions.2026년 9월 10일
Market commentary 2026/09/10: Market reversal
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 10일
![GDA – Brief – [NONRATED] – 2Q26: Headwinds Persist](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2Fdo3na53i%2Fgda.png%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
GDA – Brief – [NONRATED] – 2Q26: Headwinds Persist
In 2Q26, GDA recorded revenue of VND3,066bn (-28.0% YoY and -14.6% QoQ). Total sales volume in 2Q26—estimated from selling price and COGS trends—declined ~31.6% YoY. Average selling price (ASP) was estimated at USD842/ton (+5% YoY, +16% QoQ). 2Q26 NPAT reached VND92bn (+5% YoY, +82% QoQ).2026년 9월 10일
Strategic Insight - 09/2026: Waiting for the entry signal
The market may face near-term headwinds. We view this as a meaningful accumulation window ahead of the recovery that typically occurs from late in the year through the first months of the following year.2026년 9월 9일
![DCM - Brief - [NONRATED] - 2Q26: high ASPs continue to push earnings](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2F2n3pdqha%2Fdcm.png%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
DCM - Brief - [NONRATED] - 2Q26: high ASPs continue to push earnings
DCM reported 2Q26 revenue of VND6,712bn (+11% yoy, ~83% of KIS forecast). Gross profit rose strongly by 61% yoy to VND2.0tn (~80% of KIS forecast), primarily driven by elevated urea prices and volume. 2Q26 NPAT increased 36% yoy to VND1,067bn.2026년 9월 9일
Derivatives 2026/09/09: A technical rebound?
Signals remain inconsistent. Traders should therefore observe the market cautiously and wait for further technical confirmation before opening new positions.2026년 9월 9일
Market commentary 2026/09/09: Demand improves
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 9일
![PC1 - Brief - [NONRATED] - Earnings growth came from non-core operations](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2Frennvamv%2Fpc1.png%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
PC1 - Brief - [NONRATED] - Earnings growth came from non-core operations
In 2Q26, revenue reached VND2,038bn (-31% yoy), mainly supported by the real estate and nickel segments. Gross profit reached VND468bn (-8% yoy), with the gross margin improving to 23.0% (+5.6%p yoy). As a result, NPAT reached VND235bn (+43% yoy)2026년 9월 8일
Derivatives 2026/09/08: Inconsistent signals
Technical signals remain inconsistent. Therefore, traders need to observe the market cautiously and wait for further confirmation before they open new positions.2026년 9월 8일
Market commentary 2026/09/08: Market reversal
The market experienced significant volatility, mainly driven by weak performance among large-cap stocks. However, the index remained above its key moving averages, suggesting that the short-term uptrend has not been broken and remains intact.2026년 9월 8일
36W26: SBV maintains net liquidity injection in holiday-shortened week
During 36W26, the SBV maintained a net liquidity injection via open market operations in the holiday-shortened trading week, providing modest liquidity support to ensure liquidity adequency as banks resumed operations. Concurrently, interbank rates dropped sharply across the curve alongside contracting turnover, confirming that pre-holiday cash constraints have rapidly dissipated and liquidity conditions have returned to a more stable state. On the FX front, the domestic USDVND exchange rate inched up marginally, diverging from a softer greenback, as foreign investors resumed net selling on the equity market, while resilient U.S. labor data and Middle East geopolitical tensions kept global rate hike expectations elevated.2026년 9월 7일
Derivatives 2026/09/07: Awaiting the next signal
The signals remain inconsistent due to the impact of the extended holiday. Traders should therefore monitor the market cautiously and wait for further technical signals before opening new positions.2026년 9월 7일
Market commentary 2026/09/07: Demand returns
The market posted solid gains as buying demand spread broadly, particularly among large-cap stocks, providing key support for the index’s advance. This development indicates that trading sentiment remains positive and the short-term uptrend remains intact.2026년 9월 7일
35W26: SBV ramps up net injection ahead of the holiday
During 35W26, interbank rates spiked across maturities amid higher trading turnover, reflecting heightened cash demand ahead of the extended holiday. In response, the SBV significantly stepped up its net liquidity injection through OMOs to ease funding pressures across the banking system. On the FX front, USDVND continued to decline despite a stronger US dollar, which was supported by hawkish Fed remarks and escalating geopolitical tensions. The VND’s relative strength was partly supported by foreign investors turning net buyers in the equity market.2026년 9월 4일
![PLX – Earnings Review – [HOLD] – 2Q26: Earnings came in stronger than expected](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2Fu1bp02to%2Fplx-20.jpg%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
PLX – Earnings Review – [HOLD] – 2Q26: Earnings came in stronger than expected
2Q26 revenue reached VND136tn (+78% yoy, +38% qoq, ~120% of KIS forecast). Operating profit and NPAT reached VND3.26tn (+135% yoy) and VND3.05tn (+114% yoy), respectively, mainly driven by the positive impact of provision reversals.2026년 9월 4일
8M26: Steady expansion amid external headwinds
Vietnam’s economy maintained firm momentum in August. On the positive front, industrial production expanded vigorously, while retail sales accelerated on surging hospitality demand ahead of the National Day festivities. In terms of improvements, the trade deficit narrowed sharply toward near-balance as import pressures eased, and additional FDI capital rebounded to cushion an overall slowdown in inflows. Conversely, headwinds resurfaced as consumer inflation jumped following higher fuel prices, accompanied by softer export orders amid lingering geopolitical tensions.2026년 9월 4일
Covered warrant 2026/09/04: Liquidity increased
During the past week, liquidity in the covered warrant market improved. However, declining warrants continued to outnumber gainers, indicating that price performance remained relatively weak. In contrast, the underlying market maintained strong upward momentum, gaining 3.6% for the week, suggesting that the performance of the two markets has yet to show clear alignment.2026년 9월 4일
Market Traders 2026/09/04: Foreign investors reversed to net buying
By investor group, trading activity among both domestic retail and institutional investors increased, rising 24.5% and 25.2%, respectively, compared with the previous week.2026년 9월 4일
Derivatives 2026/09/04: Caution after the holiday
The impact of the long holiday has caused the uptrend to stall. Traders should therefore monitor the market cautiously and wait for further technical signals before they open new positions.2026년 9월 4일
주요 프로모션
BWE– Brief – [NONRATED] – Earnings continued to grow steadily
In 2Q26, revenue reached VND1,222bn (-8% n/n), mainly due to declines in the wastewater treatment and waste treatment segments, while the water supply segment remained stable. Meanwhile, GP reached VND564bn (+11% n/n), with gross margin expanding to 46.2% (+7.8%p n/n).2026년 9월 11일
Derivatives 2026/09/10: Accumulation continues
Signals remain inconsistent. Traders should therefore monitor the market with caution and wait for further technical confirmation before opening new positions.2026년 9월 10일
Market commentary 2026/09/10: Market reversal
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 10일
GDA – Brief – [NONRATED] – 2Q26: Headwinds Persist
In 2Q26, GDA recorded revenue of VND3,066bn (-28.0% YoY and -14.6% QoQ). Total sales volume in 2Q26—estimated from selling price and COGS trends—declined ~31.6% YoY. Average selling price (ASP) was estimated at USD842/ton (+5% YoY, +16% QoQ). 2Q26 NPAT reached VND92bn (+5% YoY, +82% QoQ).2026년 9월 10일
Strategic Insight - 09/2026: Waiting for the entry signal
The market may face near-term headwinds. We view this as a meaningful accumulation window ahead of the recovery that typically occurs from late in the year through the first months of the following year.2026년 9월 9일
DCM - Brief - [NONRATED] - 2Q26: high ASPs continue to push earnings
DCM reported 2Q26 revenue of VND6,712bn (+11% yoy, ~83% of KIS forecast). Gross profit rose strongly by 61% yoy to VND2.0tn (~80% of KIS forecast), primarily driven by elevated urea prices and volume. 2Q26 NPAT increased 36% yoy to VND1,067bn.2026년 9월 9일
Derivatives 2026/09/09: A technical rebound?
Signals remain inconsistent. Traders should therefore observe the market cautiously and wait for further technical confirmation before opening new positions.2026년 9월 9일
Market commentary 2026/09/09: Demand improves
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 9일
PC1 - Brief - [NONRATED] - Earnings growth came from non-core operations
In 2Q26, revenue reached VND2,038bn (-31% yoy), mainly supported by the real estate and nickel segments. Gross profit reached VND468bn (-8% yoy), with the gross margin improving to 23.0% (+5.6%p yoy). As a result, NPAT reached VND235bn (+43% yoy)2026년 9월 8일
Derivatives 2026/09/08: Inconsistent signals
Technical signals remain inconsistent. Therefore, traders need to observe the market cautiously and wait for further confirmation before they open new positions.2026년 9월 8일
Market commentary 2026/09/08: Market reversal
The market experienced significant volatility, mainly driven by weak performance among large-cap stocks. However, the index remained above its key moving averages, suggesting that the short-term uptrend has not been broken and remains intact.2026년 9월 8일
36W26: SBV maintains net liquidity injection in holiday-shortened week
During 36W26, the SBV maintained a net liquidity injection via open market operations in the holiday-shortened trading week, providing modest liquidity support to ensure liquidity adequency as banks resumed operations. Concurrently, interbank rates dropped sharply across the curve alongside contracting turnover, confirming that pre-holiday cash constraints have rapidly dissipated and liquidity conditions have returned to a more stable state. On the FX front, the domestic USDVND exchange rate inched up marginally, diverging from a softer greenback, as foreign investors resumed net selling on the equity market, while resilient U.S. labor data and Middle East geopolitical tensions kept global rate hike expectations elevated.2026년 9월 7일
Derivatives 2026/09/07: Awaiting the next signal
The signals remain inconsistent due to the impact of the extended holiday. Traders should therefore monitor the market cautiously and wait for further technical signals before opening new positions.2026년 9월 7일
Market commentary 2026/09/07: Demand returns
The market posted solid gains as buying demand spread broadly, particularly among large-cap stocks, providing key support for the index’s advance. This development indicates that trading sentiment remains positive and the short-term uptrend remains intact.2026년 9월 7일
35W26: SBV ramps up net injection ahead of the holiday
During 35W26, interbank rates spiked across maturities amid higher trading turnover, reflecting heightened cash demand ahead of the extended holiday. In response, the SBV significantly stepped up its net liquidity injection through OMOs to ease funding pressures across the banking system. On the FX front, USDVND continued to decline despite a stronger US dollar, which was supported by hawkish Fed remarks and escalating geopolitical tensions. The VND’s relative strength was partly supported by foreign investors turning net buyers in the equity market.2026년 9월 4일
PLX – Earnings Review – [HOLD] – 2Q26: Earnings came in stronger than expected
2Q26 revenue reached VND136tn (+78% yoy, +38% qoq, ~120% of KIS forecast). Operating profit and NPAT reached VND3.26tn (+135% yoy) and VND3.05tn (+114% yoy), respectively, mainly driven by the positive impact of provision reversals.2026년 9월 4일
8M26: Steady expansion amid external headwinds
Vietnam’s economy maintained firm momentum in August. On the positive front, industrial production expanded vigorously, while retail sales accelerated on surging hospitality demand ahead of the National Day festivities. In terms of improvements, the trade deficit narrowed sharply toward near-balance as import pressures eased, and additional FDI capital rebounded to cushion an overall slowdown in inflows. Conversely, headwinds resurfaced as consumer inflation jumped following higher fuel prices, accompanied by softer export orders amid lingering geopolitical tensions.2026년 9월 4일
Covered warrant 2026/09/04: Liquidity increased
During the past week, liquidity in the covered warrant market improved. However, declining warrants continued to outnumber gainers, indicating that price performance remained relatively weak. In contrast, the underlying market maintained strong upward momentum, gaining 3.6% for the week, suggesting that the performance of the two markets has yet to show clear alignment.2026년 9월 4일
Market Traders 2026/09/04: Foreign investors reversed to net buying
By investor group, trading activity among both domestic retail and institutional investors increased, rising 24.5% and 25.2%, respectively, compared with the previous week.2026년 9월 4일
Derivatives 2026/09/04: Caution after the holiday
The impact of the long holiday has caused the uptrend to stall. Traders should therefore monitor the market cautiously and wait for further technical signals before they open new positions.2026년 9월 4일
주요 뉴스
BWE– Brief – [NONRATED] – Earnings continued to grow steadily
In 2Q26, revenue reached VND1,222bn (-8% n/n), mainly due to declines in the wastewater treatment and waste treatment segments, while the water supply segment remained stable. Meanwhile, GP reached VND564bn (+11% n/n), with gross margin expanding to 46.2% (+7.8%p n/n).2026년 9월 11일
Derivatives 2026/09/10: Accumulation continues
Signals remain inconsistent. Traders should therefore monitor the market with caution and wait for further technical confirmation before opening new positions.2026년 9월 10일
Market commentary 2026/09/10: Market reversal
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 10일
GDA – Brief – [NONRATED] – 2Q26: Headwinds Persist
In 2Q26, GDA recorded revenue of VND3,066bn (-28.0% YoY and -14.6% QoQ). Total sales volume in 2Q26—estimated from selling price and COGS trends—declined ~31.6% YoY. Average selling price (ASP) was estimated at USD842/ton (+5% YoY, +16% QoQ). 2Q26 NPAT reached VND92bn (+5% YoY, +82% QoQ).2026년 9월 10일
Strategic Insight - 09/2026: Waiting for the entry signal
The market may face near-term headwinds. We view this as a meaningful accumulation window ahead of the recovery that typically occurs from late in the year through the first months of the following year.2026년 9월 9일
DCM - Brief - [NONRATED] - 2Q26: high ASPs continue to push earnings
DCM reported 2Q26 revenue of VND6,712bn (+11% yoy, ~83% of KIS forecast). Gross profit rose strongly by 61% yoy to VND2.0tn (~80% of KIS forecast), primarily driven by elevated urea prices and volume. 2Q26 NPAT increased 36% yoy to VND1,067bn.2026년 9월 9일
Derivatives 2026/09/09: A technical rebound?
Signals remain inconsistent. Traders should therefore observe the market cautiously and wait for further technical confirmation before opening new positions.2026년 9월 9일
Market commentary 2026/09/09: Demand improves
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 9일
PC1 - Brief - [NONRATED] - Earnings growth came from non-core operations
In 2Q26, revenue reached VND2,038bn (-31% yoy), mainly supported by the real estate and nickel segments. Gross profit reached VND468bn (-8% yoy), with the gross margin improving to 23.0% (+5.6%p yoy). As a result, NPAT reached VND235bn (+43% yoy)2026년 9월 8일
Derivatives 2026/09/08: Inconsistent signals
Technical signals remain inconsistent. Therefore, traders need to observe the market cautiously and wait for further confirmation before they open new positions.2026년 9월 8일
Market commentary 2026/09/08: Market reversal
The market experienced significant volatility, mainly driven by weak performance among large-cap stocks. However, the index remained above its key moving averages, suggesting that the short-term uptrend has not been broken and remains intact.2026년 9월 8일
36W26: SBV maintains net liquidity injection in holiday-shortened week
During 36W26, the SBV maintained a net liquidity injection via open market operations in the holiday-shortened trading week, providing modest liquidity support to ensure liquidity adequency as banks resumed operations. Concurrently, interbank rates dropped sharply across the curve alongside contracting turnover, confirming that pre-holiday cash constraints have rapidly dissipated and liquidity conditions have returned to a more stable state. On the FX front, the domestic USDVND exchange rate inched up marginally, diverging from a softer greenback, as foreign investors resumed net selling on the equity market, while resilient U.S. labor data and Middle East geopolitical tensions kept global rate hike expectations elevated.2026년 9월 7일
Derivatives 2026/09/07: Awaiting the next signal
The signals remain inconsistent due to the impact of the extended holiday. Traders should therefore monitor the market cautiously and wait for further technical signals before opening new positions.2026년 9월 7일
Market commentary 2026/09/07: Demand returns
The market posted solid gains as buying demand spread broadly, particularly among large-cap stocks, providing key support for the index’s advance. This development indicates that trading sentiment remains positive and the short-term uptrend remains intact.2026년 9월 7일
35W26: SBV ramps up net injection ahead of the holiday
During 35W26, interbank rates spiked across maturities amid higher trading turnover, reflecting heightened cash demand ahead of the extended holiday. In response, the SBV significantly stepped up its net liquidity injection through OMOs to ease funding pressures across the banking system. On the FX front, USDVND continued to decline despite a stronger US dollar, which was supported by hawkish Fed remarks and escalating geopolitical tensions. The VND’s relative strength was partly supported by foreign investors turning net buyers in the equity market.2026년 9월 4일
PLX – Earnings Review – [HOLD] – 2Q26: Earnings came in stronger than expected
2Q26 revenue reached VND136tn (+78% yoy, +38% qoq, ~120% of KIS forecast). Operating profit and NPAT reached VND3.26tn (+135% yoy) and VND3.05tn (+114% yoy), respectively, mainly driven by the positive impact of provision reversals.2026년 9월 4일
8M26: Steady expansion amid external headwinds
Vietnam’s economy maintained firm momentum in August. On the positive front, industrial production expanded vigorously, while retail sales accelerated on surging hospitality demand ahead of the National Day festivities. In terms of improvements, the trade deficit narrowed sharply toward near-balance as import pressures eased, and additional FDI capital rebounded to cushion an overall slowdown in inflows. Conversely, headwinds resurfaced as consumer inflation jumped following higher fuel prices, accompanied by softer export orders amid lingering geopolitical tensions.2026년 9월 4일
Covered warrant 2026/09/04: Liquidity increased
During the past week, liquidity in the covered warrant market improved. However, declining warrants continued to outnumber gainers, indicating that price performance remained relatively weak. In contrast, the underlying market maintained strong upward momentum, gaining 3.6% for the week, suggesting that the performance of the two markets has yet to show clear alignment.2026년 9월 4일
Market Traders 2026/09/04: Foreign investors reversed to net buying
By investor group, trading activity among both domestic retail and institutional investors increased, rising 24.5% and 25.2%, respectively, compared with the previous week.2026년 9월 4일
Derivatives 2026/09/04: Caution after the holiday
The impact of the long holiday has caused the uptrend to stall. Traders should therefore monitor the market cautiously and wait for further technical signals before they open new positions.2026년 9월 4일
주요 프로모션
BWE– Brief – [NONRATED] – Earnings continued to grow steadily
In 2Q26, revenue reached VND1,222bn (-8% n/n), mainly due to declines in the wastewater treatment and waste treatment segments, while the water supply segment remained stable. Meanwhile, GP reached VND564bn (+11% n/n), with gross margin expanding to 46.2% (+7.8%p n/n).2026년 9월 11일
Derivatives 2026/09/10: Accumulation continues
Signals remain inconsistent. Traders should therefore monitor the market with caution and wait for further technical confirmation before opening new positions.2026년 9월 10일
Market commentary 2026/09/10: Market reversal
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 10일
GDA – Brief – [NONRATED] – 2Q26: Headwinds Persist
In 2Q26, GDA recorded revenue of VND3,066bn (-28.0% YoY and -14.6% QoQ). Total sales volume in 2Q26—estimated from selling price and COGS trends—declined ~31.6% YoY. Average selling price (ASP) was estimated at USD842/ton (+5% YoY, +16% QoQ). 2Q26 NPAT reached VND92bn (+5% YoY, +82% QoQ).2026년 9월 10일
Strategic Insight - 09/2026: Waiting for the entry signal
The market may face near-term headwinds. We view this as a meaningful accumulation window ahead of the recovery that typically occurs from late in the year through the first months of the following year.2026년 9월 9일
DCM - Brief - [NONRATED] - 2Q26: high ASPs continue to push earnings
DCM reported 2Q26 revenue of VND6,712bn (+11% yoy, ~83% of KIS forecast). Gross profit rose strongly by 61% yoy to VND2.0tn (~80% of KIS forecast), primarily driven by elevated urea prices and volume. 2Q26 NPAT increased 36% yoy to VND1,067bn.2026년 9월 9일
Derivatives 2026/09/09: A technical rebound?
Signals remain inconsistent. Traders should therefore observe the market cautiously and wait for further technical confirmation before opening new positions.2026년 9월 9일
Market commentary 2026/09/09: Demand improves
The market staged a recovery, although declining liquidity indicated that capital flows remained cautious and have yet to show clear confirmation of the rebound. Nevertheless, the index remained above its key moving averages, suggesting that the short-term trend remains intact. Therefore, liquidity developments in the coming sessions will be an important factor in confirming whether the recovery can continue.2026년 9월 9일
PC1 - Brief - [NONRATED] - Earnings growth came from non-core operations
In 2Q26, revenue reached VND2,038bn (-31% yoy), mainly supported by the real estate and nickel segments. Gross profit reached VND468bn (-8% yoy), with the gross margin improving to 23.0% (+5.6%p yoy). As a result, NPAT reached VND235bn (+43% yoy)2026년 9월 8일
Derivatives 2026/09/08: Inconsistent signals
Technical signals remain inconsistent. Therefore, traders need to observe the market cautiously and wait for further confirmation before they open new positions.2026년 9월 8일
Market commentary 2026/09/08: Market reversal
The market experienced significant volatility, mainly driven by weak performance among large-cap stocks. However, the index remained above its key moving averages, suggesting that the short-term uptrend has not been broken and remains intact.2026년 9월 8일
36W26: SBV maintains net liquidity injection in holiday-shortened week
During 36W26, the SBV maintained a net liquidity injection via open market operations in the holiday-shortened trading week, providing modest liquidity support to ensure liquidity adequency as banks resumed operations. Concurrently, interbank rates dropped sharply across the curve alongside contracting turnover, confirming that pre-holiday cash constraints have rapidly dissipated and liquidity conditions have returned to a more stable state. On the FX front, the domestic USDVND exchange rate inched up marginally, diverging from a softer greenback, as foreign investors resumed net selling on the equity market, while resilient U.S. labor data and Middle East geopolitical tensions kept global rate hike expectations elevated.2026년 9월 7일
Derivatives 2026/09/07: Awaiting the next signal
The signals remain inconsistent due to the impact of the extended holiday. Traders should therefore monitor the market cautiously and wait for further technical signals before opening new positions.2026년 9월 7일
Market commentary 2026/09/07: Demand returns
The market posted solid gains as buying demand spread broadly, particularly among large-cap stocks, providing key support for the index’s advance. This development indicates that trading sentiment remains positive and the short-term uptrend remains intact.2026년 9월 7일
35W26: SBV ramps up net injection ahead of the holiday
During 35W26, interbank rates spiked across maturities amid higher trading turnover, reflecting heightened cash demand ahead of the extended holiday. In response, the SBV significantly stepped up its net liquidity injection through OMOs to ease funding pressures across the banking system. On the FX front, USDVND continued to decline despite a stronger US dollar, which was supported by hawkish Fed remarks and escalating geopolitical tensions. The VND’s relative strength was partly supported by foreign investors turning net buyers in the equity market.2026년 9월 4일
PLX – Earnings Review – [HOLD] – 2Q26: Earnings came in stronger than expected
2Q26 revenue reached VND136tn (+78% yoy, +38% qoq, ~120% of KIS forecast). Operating profit and NPAT reached VND3.26tn (+135% yoy) and VND3.05tn (+114% yoy), respectively, mainly driven by the positive impact of provision reversals.2026년 9월 4일
8M26: Steady expansion amid external headwinds
Vietnam’s economy maintained firm momentum in August. On the positive front, industrial production expanded vigorously, while retail sales accelerated on surging hospitality demand ahead of the National Day festivities. In terms of improvements, the trade deficit narrowed sharply toward near-balance as import pressures eased, and additional FDI capital rebounded to cushion an overall slowdown in inflows. Conversely, headwinds resurfaced as consumer inflation jumped following higher fuel prices, accompanied by softer export orders amid lingering geopolitical tensions.2026년 9월 4일
Covered warrant 2026/09/04: Liquidity increased
During the past week, liquidity in the covered warrant market improved. However, declining warrants continued to outnumber gainers, indicating that price performance remained relatively weak. In contrast, the underlying market maintained strong upward momentum, gaining 3.6% for the week, suggesting that the performance of the two markets has yet to show clear alignment.2026년 9월 4일
Market Traders 2026/09/04: Foreign investors reversed to net buying
By investor group, trading activity among both domestic retail and institutional investors increased, rising 24.5% and 25.2%, respectively, compared with the previous week.2026년 9월 4일
Derivatives 2026/09/04: Caution after the holiday
The impact of the long holiday has caused the uptrend to stall. Traders should therefore monitor the market cautiously and wait for further technical signals before they open new positions.2026년 9월 4일