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.
Large stocks lead VN-Index to increase strongly, approaching the 1800 point mark
VN-Index closed the morning session up 20.7 points (+1,19%), of which 15.3 points came from the contribution of VIC, VHM and VPB stocks. Although the market breadth showed that the group of stocks that fell in price still dominated, the group of stocks that rose in price attracted a large amount of money and many stocks showed outstanding strength.
- Signal: Positive
- Impact on: VIC, VHM, VPB, VJC, SSI, VRE, BCM, FPT, GAS, GVR
- Comment: The leadership of large-cap stocks and foreign cash flow shows the optimistic sentiment and the ability to maintain the market's upward momentum in the short term. However, the divergence in breadth requires investors to be selective, focusing on stocks with good fundamentals or their own growth stories. Investors can consider disbursing according to the accumulation strategy in light corrections, while managing risks by setting clear stop-loss thresholds for each code.
Pillar stocks fluctuate strongly, the market faces a sudden sell-off
In the afternoon session, the market had a chance to test the impact of pillar stocks when this group was suddenly forced down. The index plummeted rapidly, pushing almost the entire market into a strong sell-off. Although the scores were supported at the end of the session, many stocks could not recover to their original state.
- Signal: Neutral
- Impact on: VIC, VHM, VPB, MSN, GVR, HPG, CTG, BID, MBB, FPT
- Comment: The fluctuating performance of pillar stocks, especially when prices are strongly pushed down, shows that the market is still sensitive to local profit-taking movements. Although the scores were supported at the end of the session, the fact that stocks did not recover evenly shows that selling pressure is still latent in the short term. Investors should maintain a cautious state, prioritize profit preservation and limit disbursement into pillar stocks with large fluctuations. In the long term, if large cash flows continue to flow in, these corrections can create buying opportunities at good prices.
Experts say: We should not expect foreign capital to flood into the market.
Vietnam's approval for FTSE's upgrade in September 2026 is great news, but experts recommend not expecting a massive influx of foreign money into the market.
- Signal: Neutral
- Impact on: FTSE, SGI, MWG, PNJ, FMC, QNS, TLG, SIP, TCB, DXY
- Comment: Although Vietnam's approval for an upgrade by FTSE is positive news in the long term, experts' cautious comments on foreign capital flows suggest that investors should not expect too much from a massive wave of disbursement. Foreign capital flows may come in more slowly and selectively, focusing on businesses with solid foundations and reasonable valuations. The appropriate strategy is to prioritize stocks with good internal factors, less dependent on foreign capital flows and maintain a reasonable cash ratio to be ready for potential opportunities.
Foreign funds assess Vietnam as a bright spot in Southeast Asia
The growth of the Vietnamese market is determined by strong fundamental factors such as: Stable economic growth with a GDP target of 8%; Domestic cash flow is increasingly vibrant thanks to increased individual investors; Promoting public investment.
- Signal: Positive
- Impact on: FTSE, LVF, VNAS, UAE, HCM, HSX
- Comment: The optimistic view of foreign funds on Vietnam's potential reinforces confidence in the long-term economic and stock market growth prospects. Factors such as stable GDP growth, vibrant domestic cash flow and increased public investment are the main drivers. This is a good opportunity for investors to consider accumulating leading stocks in the industry, especially those that benefit from public investment and consumption growth. However, it is necessary to pay attention to short-term fluctuations and not ignore the principles of personal risk management.
Many real estate businesses still find it difficult to maintain cash flow to pay off debts.
According to statistics from VIS Ratings, the ratio of overdue principal/interest bond debt has shown a cooling trend in 2024 and gradually stabilized in 2025, reaching about 12.4% at the end of August.
- Signal: Positive
- Impact on: VIS, HNX, OCB, VIB, TPB, HDB, TCO, LTD, VHM
- Comment: Although the situation of overdue bonds of real estate enterprises is showing signs of cooling down and gradually stabilizing, cash flow difficulties still exist, showing that this industry is still in the process of restructuring. Investors should be cautious when participating in the real estate stock group, prioritizing enterprises with healthy balance sheets, clean land funds and the ability to generate stable cash flow. For the banking group, it is necessary to closely monitor the quality of assets and the ability to absorb bad debts related to real estate to make appropriate investment decisions.
Vietnamese stocks are still immature due to dependence on small investors.
According to Ms. Nguyen Hoai Thu, Deputy General Director of VinaCapital Fund Management Company, the Vietnamese stock market has not yet reached the mature stage where institutional investors play a leading role. Currently, individual investors still account for 90% of transactions, compared to other markets such as Thailand, which only accounts for about 40%.
- Signal: Positive
- Impact on: FTSE, CFA, MSCI, CCP
- Comment: The heavy dependence on individual investors shows that the Vietnamese stock market still has a lot of room to develop in the direction of professionalism with stronger participation of institutional investors. Although this structure can lead to large fluctuations in the short term, it is also an opportunity for knowledgeable individual investors to seek profits from stocks with solid fundamentals. The appropriate strategy is to prioritize businesses with solid foundations, information transparency and less affected by crowd psychology, while maintaining investment discipline to effectively manage risks.
Gold price skyrocketed nearly 100 USD/oz in one session, SPDR Gold Trust bought nearly 2 tons more
According to analysts, technical indicators show that both the gold and silver markets are in an overbought state.
- Signal: Neutral
- Impact on: SPDR, CME, RSI
- Comment: The sharp increase in world gold prices shows a shift of money flows to safe havens, especially when technical indicators show an overbought state. Although gold may continue its upward trend in the short term due to concerns about inflation or geopolitical instability, investors need to be cautious with the risk of sudden corrections. For the stock market, this move may reduce the attractiveness of some other investment channels, but the direct impact on stocks is insignificant, except for businesses related to gold mining and trading.
Loss of confidence in central banks is a major cause of gold fever
World gold prices have increased sharply recently, and one of the main reasons is believed to be the decline in investor confidence in central banks.
- Signal: Neutral
- Impact on: LDP, BOJ, GIAI, BOE, ECB, THI
- Comment: The decline in confidence in central banks is an important factor pushing up gold prices, reflecting concerns about monetary policy and inflation. This can affect the general market sentiment, causing investors to seek insurance assets. On the stock side, if this confidence continues to weaken, it can put pressure on financial markets, increasing volatility. Investors should diversify their portfolios, consider safe haven channels and pay special attention to global monetary policy fluctuations to protect assets and manage risks effectively.
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.
