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.
The market is "green", money chooses to stay out: Signs to note
VIC's ceiling increase contributed significantly, nearly 13 points, to the total increase of 14.17 points of VN-Index. However, the market breadth showed a completely different picture with the number of stocks falling more than twice the number of stocks rising. The 'green skin, red heart' situation made investors maintain high caution, leading to low liquidity.
- Signal: Neutral
- Impact on: VIC, SAB, SSI, VNM, VJC, VRE, HDB, CTG, GVR, LPB
- Comment: The situation of 'green on the outside, red on the inside' with the VN-Index gaining points thanks to large-cap stocks while the majority of the market fell sharply shows a strong differentiation. This reflects the cautious sentiment of investors in the face of potential risks, although the general index remains green. Investors should prioritize defensive strategies, focusing on stocks with solid fundamentals and avoid FOMO following the virtual increase of the index. In the long term, it is necessary to monitor the spread of money to determine a sustainable trend.
Selling pressure increases, stocks drop all over: Cautious sentiment prevails
VIC shares continued to maintain their ceiling price in the afternoon session, while the other three pillars, VHM, VPL and GAS, also increased sharply, contributing to maintaining the upward momentum of the VN-Index. However, the majority of stocks in the market still faced significant selling pressure, causing prices to fall further and raising concerns about market breadth.
- Signal: Neutral
- Impact on: VIC, VHM, VPL, GAS, SAB, VIX, GEX, VCI, DIG, VSC
- Comment: Strong selling pressure pushed many stocks deep, showing widespread profit-taking or loss-cutting, despite the pillar stocks still holding firm. This is a sign of a lack of consensus in market sentiment and cash flow is focusing on a few leading stocks. Investors need to be extremely cautious, avoid catching the bottom too early and prioritize portfolio risk management. Short-term trends may continue to diverge, while the long-term requires a more balanced industry group to create sustainable growth momentum.
Personal capital flow reverses: Foreign investors return to net buying
Week 49/2025 recorded the return of foreign capital when this group made net purchases, ending a streak of 19 consecutive weeks of net selling. In contrast to this development, domestic individual investors net sold a total of VND 4,535.2 billion, showing a clear shift in cash flow.
- Signal: Neutral
- Impact on: VIC, VPL, VHM, MBB, VPB, CTG, TCB, MWG, VJC, VNM
- Comment: The reversal of foreign capital flows, with net buying after a long period of net selling, is a remarkable positive signal, showing that international organizations' confidence in the market outlook is improving. However, the strong net selling by domestic individual investors can create certain pressure in the short term. The smart investment strategy at this time is to closely monitor foreign developments and net-bought stocks to look for opportunities. In the long term, the return of foreign capital flows will be an important supporting factor for the market.
Bank NIM has yet to bottom out: Profit outlook needs further monitoring
Previous projections by securities companies suggested that the banking industry's net interest margin (NIM) would bottom out in the second quarter of 2025 and soon recover in the second half of 2025. However, given the current developments, this process may take more time to unfold as expected.
- Signal: Positive
- Impact on: NIM, NII, NSI, NOI, CTG, VCB, BID, VPB, TCB, STB
- Comment: The slow bottoming out of bank NIMs could impact banks' profits in the short term, putting pressure on stock prices in this sector. Investors need to carefully assess macroeconomic factors and monetary policies that could impact NIMs. In this context, banks that are able to optimize capital costs, diversify non-interest income sources and manage risks well will have an advantage. This is the right time to study financial reports in depth, prioritizing banks with good asset quality indicators and sustainable growth potential.
Will foreign capital flow help the market increase? Expectations for new momentum
Foreign capital has shown signs of returning to net buying after 20 consecutive weeks of net selling, reminiscent of the 3 consecutive weeks of net buying that appeared in early July. This is considered a 'seed' capital flow that can start a strong increase for the market.
- Signal: Positive
- Impact on: MBS, MSCI, DXY
- Comment: Foreign capital returning to the market, especially after a long period of net selling, often acts as 'seed capital' to trigger positive sentiment and attract domestic cash flow. If the net buying trend is maintained and spreads, the market may witness a significant growth momentum in the short term. However, investors need to be cautious, not too optimistic and need to observe trading volume and market breadth to determine the sustainability of the growth momentum. Risk management by reasonable capital allocation is the key factor.
A series of industries have positive prospects in 2026 thanks to new growth drivers
By 2026, the economic growth driver is expected to have a clear shift from exports to public investment and domestic consumption. In this macro context, a series of industry groups are assessed by experts to have positive and sustainable development prospects.
- Signal: Positive
- Impact on: FOL, CCP, TFP, NII, NIM, VPB, TCB, STB, ACB, VCB
- Comment: The shift in economic growth momentum to public investment and domestic consumption by 2026 will open up many opportunities for related industries such as construction materials, infrastructure, retail, and services. This is a good opportunity for investors to consider restructuring their portfolios, focusing on industry groups that directly benefit from policies promoting public investment and consumption growth. Long-term investment in leading enterprises in these fields can bring attractive profits. At the same time, it is necessary to carefully evaluate the financial and management capacity of each specific enterprise.
Nam Long completes capital sale to Tokyu, confident of reaching 2025 target
Nam Long Group has recorded impressive sales in 10 months, reaching VND9,293 billion, surpassing the record of 2022. After completing the divestment of 15% capital to Japanese partner Tokyu and with positive business results in the third quarter, NLG is completely confident in achieving the business plan set for 2025.
- Signal: Neutral
- Impact on: NLG, HOSE, DNA, VSIP, VCD
- Comment: Nam Long's completion of the divestment deal with a Japanese partner and record-breaking sales shows that the company's financial health and project implementation capacity have been strengthened. This is an extremely positive signal for NLG shares, reflecting confidence in the ability to complete the 2025 business plan. Investors can consider NLG as a medium- and long-term investment opportunity, especially when the company has stable cash flow and strategic cooperation with foreign partners. The main risk may come from fluctuations in the general real estate market, which need to be closely monitored.
November 2025: Average transaction value on UPCoM increases by 13,08%
The UPCoM-Index ended the last trading session of November 2025 at 118.98 points on November 28, 2025, recording an increase of 5.52 points, equivalent to 4.87% compared to the end of October 2025.
- Signal: Neutral
- Impact on: HNX, HOSE
- Comment: The growth of the UPCoM-Index and the average trading value on this floor in November 2025 shows that cash flow is tending to seek opportunities in stocks with small and medium capitalization, or enterprises with high growth potential not listed on HOSE/HNX. This is a positive signal for the diversification of cash flow in the market. Investors who prefer risk can seek investment opportunities in codes on UPCoM after carefully researching the fundamentals of the enterprise. However, the risk of price fluctuations on UPCoM is often higher, requiring strict risk management.
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.
