주요 뉴스

Market Trader 2026/06/23: Capital flows rebounded
By investor group, trading activity increased across both domestic retail and domestic institutional investors, rising 38.9% and 14.3%, respectively, from the previous week.2026년 6월 23일

25W26: Interbank rates edged higher as SBV extends withdrawal
In 25W26, the SBV extended its net liquidity withdrawal for a third consecutive week with total withdrawals over the three-week period reaching VND106.60tn from the banking system. As a result, the interbank curve flattened as short-term rates began to rise amid tighter liquidity conditions. On the FX front, USDVND edged up to 26,318 and continued to move sideways as the U.S. dollar strengthened following the Fed’s hawkish tone and developments in the Middle East.2026년 6월 22일

Market commentary 2026/06/22: Low liquidity
The market ended lower as liquidity declined significantly amid ETF portfolio rebalancing activities. This development suggests that investors remain cautious, implying that the market may continue to trade within a volatile and range-bound pattern in the short term until clearer signals regarding the next trend emerge.2026년 6월 22일

Derivatives 2026/06/22: Confirmation signal still needed
Technical signals lack consistency at this stage. Therefore, investors should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.2026년 6월 22일

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.2026년 6월 22일

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.2026년 6월 19일

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.2026년 6월 19일

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.2026년 6월 18일

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.2026년 6월 18일

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.2026년 6월 17일

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.2026년 6월 17일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일
![VPB- Brief - [NONRATED] - Strong credit expansion](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2F5ivefbr0%2Fvpb.jpg%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
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.2026년 6월 15일
주요 프로모션

Market Trader 2026/06/23: Capital flows rebounded
By investor group, trading activity increased across both domestic retail and domestic institutional investors, rising 38.9% and 14.3%, respectively, from the previous week.2026년 6월 23일

25W26: Interbank rates edged higher as SBV extends withdrawal
In 25W26, the SBV extended its net liquidity withdrawal for a third consecutive week with total withdrawals over the three-week period reaching VND106.60tn from the banking system. As a result, the interbank curve flattened as short-term rates began to rise amid tighter liquidity conditions. On the FX front, USDVND edged up to 26,318 and continued to move sideways as the U.S. dollar strengthened following the Fed’s hawkish tone and developments in the Middle East.2026년 6월 22일

Market commentary 2026/06/22: Low liquidity
The market ended lower as liquidity declined significantly amid ETF portfolio rebalancing activities. This development suggests that investors remain cautious, implying that the market may continue to trade within a volatile and range-bound pattern in the short term until clearer signals regarding the next trend emerge.2026년 6월 22일

Derivatives 2026/06/22: Confirmation signal still needed
Technical signals lack consistency at this stage. Therefore, investors should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.2026년 6월 22일

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.2026년 6월 22일

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.2026년 6월 19일

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.2026년 6월 19일

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.2026년 6월 18일

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.2026년 6월 18일

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.2026년 6월 17일

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.2026년 6월 17일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일
![VPB- Brief - [NONRATED] - Strong credit expansion](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2F5ivefbr0%2Fvpb.jpg%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
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.2026년 6월 15일
주요 뉴스

Market Trader 2026/06/23: Capital flows rebounded
By investor group, trading activity increased across both domestic retail and domestic institutional investors, rising 38.9% and 14.3%, respectively, from the previous week.2026년 6월 23일

25W26: Interbank rates edged higher as SBV extends withdrawal
In 25W26, the SBV extended its net liquidity withdrawal for a third consecutive week with total withdrawals over the three-week period reaching VND106.60tn from the banking system. As a result, the interbank curve flattened as short-term rates began to rise amid tighter liquidity conditions. On the FX front, USDVND edged up to 26,318 and continued to move sideways as the U.S. dollar strengthened following the Fed’s hawkish tone and developments in the Middle East.2026년 6월 22일

Market commentary 2026/06/22: Low liquidity
The market ended lower as liquidity declined significantly amid ETF portfolio rebalancing activities. This development suggests that investors remain cautious, implying that the market may continue to trade within a volatile and range-bound pattern in the short term until clearer signals regarding the next trend emerge.2026년 6월 22일

Derivatives 2026/06/22: Confirmation signal still needed
Technical signals lack consistency at this stage. Therefore, investors should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.2026년 6월 22일

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.2026년 6월 22일

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.2026년 6월 19일

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.2026년 6월 19일

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.2026년 6월 18일

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.2026년 6월 18일

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.2026년 6월 17일

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.2026년 6월 17일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일
![VPB- Brief - [NONRATED] - Strong credit expansion](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2F5ivefbr0%2Fvpb.jpg%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
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.2026년 6월 15일
주요 프로모션

Market Trader 2026/06/23: Capital flows rebounded
By investor group, trading activity increased across both domestic retail and domestic institutional investors, rising 38.9% and 14.3%, respectively, from the previous week.2026년 6월 23일

25W26: Interbank rates edged higher as SBV extends withdrawal
In 25W26, the SBV extended its net liquidity withdrawal for a third consecutive week with total withdrawals over the three-week period reaching VND106.60tn from the banking system. As a result, the interbank curve flattened as short-term rates began to rise amid tighter liquidity conditions. On the FX front, USDVND edged up to 26,318 and continued to move sideways as the U.S. dollar strengthened following the Fed’s hawkish tone and developments in the Middle East.2026년 6월 22일

Market commentary 2026/06/22: Low liquidity
The market ended lower as liquidity declined significantly amid ETF portfolio rebalancing activities. This development suggests that investors remain cautious, implying that the market may continue to trade within a volatile and range-bound pattern in the short term until clearer signals regarding the next trend emerge.2026년 6월 22일

Derivatives 2026/06/22: Confirmation signal still needed
Technical signals lack consistency at this stage. Therefore, investors should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.2026년 6월 22일

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.2026년 6월 22일

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.2026년 6월 19일

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.2026년 6월 19일

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.2026년 6월 18일

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.2026년 6월 18일

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.2026년 6월 17일

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.2026년 6월 17일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 16일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일

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.2026년 6월 15일
![VPB- Brief - [NONRATED] - Strong credit expansion](/_next/image?url=https%3A%2F%2Fdms2stj3pztto.cloudfront.net%2F5ivefbr0%2Fvpb.jpg%3Fformat%3Dwebp%26height%3D608%26mode%3Dcrop%26quality%3D80%26width%3D1080&w=3840&q=75)
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.2026년 6월 15일