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.
Carefully selected cash flow, positive market differentiation
Supply and demand trends show a clear tug-of-war, causing most stocks to fluctuate within a narrow range. Order matching liquidity on both exchanges decreased by 18%, indicating that investors are choosing stocks with high selectivity, leading to market differentiation.
- Signal: Neutral
- Impact on: VIC, VHM, VRE, KDH, NVL, DIG, PDR, DXG, VCG, TCH
- Comment: The increase in net buying from foreign investors is a positive signal, showing that confidence in the market outlook is gradually being strengthened. This can create momentum for the upcoming trading sessions, especially for large-cap stocks. Investors should pay attention to stocks with good fundamentals and clear growth stories, and apply a 'selective' strategy to seek opportunities in the context of a divided market.
The asset structure of Vietnamese people has up to 60% in real estate.
Data from FIDT shows that real estate currently accounts for 60% of total assets of Vietnamese people and is expected to maintain a high ratio of about 50% by 2030.
- Signal: Neutral
- Impact on: FIDT, APG, MSCI, FDI
- Comment: The high proportion of real estate in the asset structure shows people's long-term confidence in this investment channel. This can create a foundation for the stability of the real estate market, but also raises questions about effective asset allocation. For the stock market, cash flow may still be attracted to reputable real estate businesses, especially when there are signs of recovery. However, investors need to carefully assess risks related to liquidity and industry cycles.
Gold price fell for the second consecutive session, SPDR Gold Trust sold 6 tons
World gold prices have recorded a sharp decline in recent trading sessions, continuing to fluctuate within a wide range. Analysts believe that this is mainly due to technical factors, not due to any specific fundamental cause.
- Signal: Negative
- Impact on: SPDR,UBS
- Comment: The fall in gold prices and the sale of SPDR Gold Trust may reflect a decrease in risk aversion or pressure from a stronger USD. This is a negative signal for safe-haven assets, but may indirectly support cash flows to riskier investment channels such as stocks. Investors should closely monitor developments in global macro factors, especially the monetary policies of major central banks, to assess the impact on gold prices and other investment channels.
Need new goods to welcome new cash flow
According to securities experts, adding more high-quality goods from consumer industries and foreign direct investment (FDI) enterprises will be the key factor to further attract capital flows from foreign investors.
- Signal: Neutral
- Impact on: FDI, SSI, FTSE
- Comment: This view emphasizes the importance of diversifying the supply of stocks in the market to absorb new capital flows, especially from foreign investors. The emergence of enterprises in the consumer sector or with large FDI will bring new investment opportunities, increasing the attractiveness of the market. Long-term strategies should focus on selecting enterprises with the potential for new listings or existing stocks in industries with strong growth potential and attracting foreign capital.
Vice Chairman of the Securities Commission: After upgrading, many investors with capital of hundreds of billions to thousands of billions of dong are interested in the market.
The Vice Chairman of the Securities Commission said that the Vietnamese stock market is receiving significant attention from many large institutional investors managing funds, with capital sizes of up to hundreds, even thousands of billions of VND, especially in the context of expectations of market upgrading.
- Signal: Neutral
- Impact on: FTSE, KRX, TCBS, FDI, PPP
- Comment: This information is an extremely positive signal, showing the potential to attract large capital flows from institutional investors when Vietnam achieves its market upgrading target. This 'high-quality' cash flow not only contributes to increasing liquidity but also improves the professionalism of the market. Investors should prepare a long-term strategy, focusing on leading enterprises with solid fundamentals and meeting the criteria of foreign funds to seize opportunities when the market is upgraded.
MBS Research: More than VND27.6 trillion of corporate bonds mature in the fourth quarter of 2025
MBS Research forecasts that about VND27.6 trillion of corporate bonds will mature in the fourth quarter of 2025, down 51.71 TP3T compared to the third quarter and 8.71 TP3T compared to the same period. Notably, the real estate group accounts for the largest proportion with 671 TP3T, equivalent to more than VND18.4 trillion in maturity value.
- Signal: Neutral
- Impact on: MBS, LLC, JSC, TCB, ACB, OCB, TCO
- Comment: The decline in the level of corporate bonds maturing in the fourth quarter of 2025 is a positive sign, showing that maturity pressure is gradually decreasing, especially for the real estate group. However, the large proportion of real estate in maturing bonds still requires close monitoring of the solvency of enterprises. Investors need to carefully assess the financial situation of bond issuers, especially real estate companies, to identify risks and opportunities. Enterprises with stable cash flow and good debt restructuring ability will be bright spots.
US stocks fall sharply due to trade tensions, oil prices soar
A bearish sentiment has spread across Wall Street following reports that the US is considering new export restrictions, raising concerns about global trade tensions. Oil prices have also seen a sharp rise.
- Signal: Neutral
- Impact on: AMD, WTI, EIA
- Comment: Trade tensions and fluctuations in oil prices in the international market are macro factors that can affect global investor sentiment, including Vietnam. The decline in US stocks may put some pressure on emerging markets in the short term. Investors need to closely monitor geopolitical developments and commodity prices, especially oil, to assess inflation risks and the impact on production costs of businesses. Consider adjusting portfolios, prioritizing industries that are less affected by trade tensions and benefit from rising oil prices (if any).
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.
