Trading session on January 15, 2026, stocks HVA closed at 21,700 VND/share., increase +14,81% compared to the reference, with Liquidity of 330,700 shares.
Besides the intraday increase, there are some notable technical points regarding... trading developments including:
- The cash inflow is relatively consistent. during the session
- Selling pressure was not recorded as being too significant. compared to purchasing power
- Prices are being absorbed steadily. in the oscillation region 19.x – 21.x
Macroeconomic context: Vietnam enters a new phase with the cryptocurrency market (sandbox).
On January 15, 2026, the Vietnamese digital finance market is shifting to a new phase: a pilot mechanism (sandbox) for the cryptocurrency market and the licensing of qualified businesses to participate in the trial by regulatory authorities are becoming the focus.
From a policy framework perspective, the pilot resolution emphasizes the principle of prudence – with control, requiring safety, transparency, and compliance with relevant regulations such as anti-money laundering, cybersecurity, data protection, and notably: the offering/issuance/trading/payment of crypto assets under the pilot mechanism must be conducted in Vietnamese Dong.
Simultaneously, from January 1, 2026, the legal framework at the legislative level has also recognized the concept of digital assets/cryptographic assets and provided guidance on managing related activities (according to comprehensive legal analyses from legal documents).
Why might the market "revalue" businesses related to digital financial infrastructure?
During market phases when a new policy cycle begins, capital typically flows towards three factors:
- Compliance and Risk Management Capabilities (AML/KYC, security, auditing, internal control)
- Financial-Technological Platform sufficient to operate within the framework of controlled testing.
- Long-term strategy, instead of "following the news"“
In fact, media reports also indicate that the requirements for businesses participating in the pilot mechanism are being discussed in terms of high standards and competency filters.
In this context, the market often begins to revalue companies that have a "story" tied to long-term performance capabilities, rather than simply reacting to a news headline.
Conclude
The trading session on January 15, 2026 was a "good" session in terms of numbers. But what makes it worth noting in your investment journal is: consistent capital inflow, not excessive supply, and stable price absorption.
During the period when Vietnam is promoting a pilot mechanism for the cryptocurrency market and perfecting the legal framework for digital assets, the market tends to reassess businesses capable of meeting new standards regarding transparency, governance, technology, and compliance.
