The stock market bulletin records notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some of the highlights and analysis of the market situation in the form of a bulletin.
Could the VN-Index fall to 1,557 before setting a new record of 2,089 points?
In the medium term, VDSC forecasts the VN-Index to fluctuate within the range of -17.2% to +11.1% compared to the closing price on February 27, 2026, corresponding to 1,557–2,089 points.
- Signal: Neutral
- Impact on: VDSC, FPT, VCB, HPG, MBB, VNM, VIC, ACB, BSR, FDI
- Assessment: The forecast of a wide price fluctuation range for the VN-Index suggests a short-term correction is possible, potentially creating significant downward pressure. However, the medium-term target of 2,089 points indicates strong growth potential. Long-term investors are advised to consider accumulating at lower price levels while implementing strict risk management in the face of volatility.
Foreign investors and individual investors simultaneously sold off shares on the last trading day of the week.
The renewed selling pressure at the end of the week indicates that investors who bought at the bottom are still facing significant risks. Many stocks have fallen even further than they did in the middle of the week, meaning that short-term bottom-buying positions have resulted in losses.
- Signal: Negative
- Impact on: VIC, GAS, TCB, BID, CTG, VCB, BSR, PVD, PVT, PLX
- Assessment: The simultaneous sell-off pressure from both foreign and individual investors indicates increasing risk aversion, creating significant market volatility. Short-term bottom-fishing positions have resulted in losses; investors are advised to exercise caution and avoid hasty decisions. This could be an opportunity to restructure portfolios, prioritizing stocks with strong fundamentals and long-term growth potential.
“PYN Elite, the "shark," suffered losses due to its holdings in FPT.
The PYN Elite fund decreased by 0.4% in February 2026, due to a drop in the value of one of its largest investments, FPT, following a global sell-off in IT stocks.
- Signal: Neutral
- Impact on: PYN, FPT, VIC, PMI
- Analysis: The fact that a large fund like PYN Elite suffered losses due to FPT's price drop following the global sell-off of technology stocks shows that even blue-chip stocks are not immune to market risks. Investors should reassess macroeconomic factors and industry trends, and diversify their portfolios to minimize the impact when a sector or group of stocks comes under pressure. This may be a good time to reconsider the long-term valuation of high-quality technology stocks.
Gold prices surged again following the US jobs report.
However, the SPDR Gold Trust continued its net selling spree, completing a week of massive sell-offs with a net selling volume of 28 tonnes.
- Signal: Neutral
- Impact on: SPDR, CME
- Analysis: The sharp rise in gold prices following the US jobs report, coupled with net selling by the SPDR Gold Trust, highlights the complexity of commodity market dynamics. This could reflect a search for safe-haven assets or expectations of rising inflation, impacting investor sentiment in the stock market. Investors should closely monitor global macroeconomic factors, particularly the monetary policies of major central banks, to assess risks and opportunities.
President Trump calls on Iran to “surrender unconditionally,” Qatar warns of oil price shock.
On March 6, President Donald Trump declared that there would be no deal to end the US war against Iran unless Tehran "surrendered unconditionally.".
- Signal: Negative
- Impacts: MIGA, MAGA, WTI
- Assessment: President Trump's tough stance on Iran could escalate geopolitical tensions, raise concerns about global oil supply, and drive up oil prices. This poses a risk of inflation and negatively impacts production costs for businesses, especially those in energy-dependent industries. Investors should closely monitor these developments to assess the impact on oil-sensitive sectors and adjust their risk mitigation strategies.
US stocks plunged as oil prices rose more than 12% and a disappointing jobs report was released.
Along with the disappointment brought about by the jobs report, Wall Street stock investors also suffered a psychological shock from the surge in crude oil prices.
- Signal: Negative
- Impact on: WTI, CNBC, CIO
- Analysis: US stocks fell sharply due to soaring oil prices and a disappointing jobs report, creating pessimism in global markets. The combination of energy-driven inflation and a bleak economic outlook could lead to a period of significant volatility. Investors should reconsider their risk tolerance and prioritize defensive assets, or seek opportunities in sectors less affected by macroeconomic fluctuations.
How would a prolonged conflict in Iran and rising oil prices affect inflation?
VinaCapital experts estimate that global oil prices have risen by approximately 301 TP3T since the beginning of the year, and this is likely to push Vietnam's CPI inflation from around 2.51 TP3T year-on-year to nearly 41 TP3T in the coming months.
- Signal: Negative
- Impact on: OPEC
- Assessment: The scenario of continued sharp increases in global oil prices due to the prolonged conflict in Iran will directly push Vietnam's CPI inflation to a worrying level. Rising inflation could lead the State Bank of Vietnam to tighten monetary policy, affecting borrowing costs for businesses and consumer purchasing power. Investors should prioritize sectors less sensitive to inflation or businesses that can pass costs on to selling prices, while also managing interest rate risk.
[Interactive]: Overview of the Vietnamese economy in February 2026
According to data from the General Statistics Office, the Vietnamese economy in the first two months of 2026 continued to maintain macroeconomic stability while promoting production and business activities. State budget revenue in the first two months of 2026 is estimated to increase by 13.11% compared to the same period last year; the CPI increased by more than 3.351% compared to the same period.
- Signal: Positive
- Impact on: FDI
- Assessment: The February 2026 Vietnam economic report shows macroeconomic stability and business growth, with both budget revenue and CPI increasing. These positive indicators reinforce confidence in the economy, creating a solid foundation for the stock market in the long term. Investors can look for opportunities in sectors benefiting from economic growth and public investment; however, attention should be paid to the slightly rising inflationary pressure.
The stock market news bulletin aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following market news from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
