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.
Weak selling pressure, market technical recovery
The market did not encounter much resistance in the afternoon session, along with the stability of the leading stocks, helping the VN-Index return to test the 1,600-point threshold. Although the pillars contributed the majority of the points, the widespread increase was a quite positive signal.
- Signal: Neutral
- Impact on: VIC, VHM, CTG, TCB, BID, FPT, VIX, GEX, CII, DXG
- Comment: Strong net buying from foreign investors is a positive sign, reinforcing confidence in the market's recovery potential in the short term. Investors can consider accumulating leading stocks when the market retests the resistance level of 1,600 points, but need to manage risks by placing tight stop-loss orders to protect the portfolio.
Cash flow "froze", stocks fell dramatically, liquidity probed the bottom
The “test of courage” between stock holders and money holders is still going on. Although the market is green all the time, the buying money is very cautious and does not chase the price. The breadth shows that the stock is gradually decreasing in height, while the liquidity is seriously decreasing.
- Signal: Neutral
- Impact on: VIC, VHM, HNX, GVR, GAS, BCM, CTG, VJC, VRE, MSN
- Comment: The cautious cash flow and serious decline in liquidity show that investors' wait-and-see mentality still prevails. Although the market may hold steady, the risk of correction still exists. Investors should prioritize capital preservation and wait for clearer signals of cash flow returning before increasing disbursement.
The general market is still not hot, VN-Index may be most active in 2026
VN-Index is completely capable of rebounding to test the 1,740-1,780 point zone in the last two months of the year and becoming most active in 2026.
- Signal: Neutral
- Impact on: CFA, PSI, VIC, VHM, TCB, VPB, FTSE, MSCI
- Comment: VN-Index is forecasted to test the 1,740-1,780 point range in the last months of the year and become active in 2026, opening up great opportunities for long-term investors. Improved confidence from foreign investors is creating a solid foundation. Investors are recommended to start building positions in stocks with good fundamentals, focusing on industry groups that benefit from the upcoming economic cycle.
Experts say the last two months of the year are the hinge for a new growth wave in 2026.
Investors should consider the last two months of the year as a period of "position preparation" for the new growth cycle in 2026. The market could conquer the 1,800 to 2,200 point mark.
- Signal: Positive
- Impact on: MAS, FTSE, MSCI
- Comment: The market is expected to reach 1,800 to 2,200 points by 2026, showing strong growth potential. The last two months of the year are an ideal time for investors to restructure their portfolios, prioritizing leading stocks and industry groups with clear growth stories to anticipate the new cycle, while managing risks by diversifying and not using excessive leverage.
Total net asset value of ETFs investing in Vietnam increased slightly
As of November 7, 2025, the total net asset value of ETF funds only including allocations to the Vietnamese market will reach more than VND 60.2 trillion, an increase of +5.6% compared to the end of 2024.
- Signal: Neutral
- Impact on: FTSE, MAFM, VFM, VIC, VHM, HPG, MSN, VCB, SGI
- Comment: The slight increase in the total net asset value of ETFs investing in Vietnam shows that foreign capital still maintains a certain interest. This is a stable signal, suggesting that investors should monitor the movements of ETF capital flows to identify key stocks that are prioritized by foreign investors, thereby considering appropriate investment strategies, especially in the context of the market looking for sustainable growth momentum.
“Shark” Pyn Elite reported a loss in October due to “holding” all banks, VIX, and FPT
PYN Elite Fund also just reported a decrease in performance of 4,85%, mainly due to adjustments in the financial stock group.
- Signal: Neutral
- Impact on: PYN, III, FTSE, STB, MBB, VIB, OCB, VIX, HVN, ACV
- Comment: The fact that the PYN Elite fund reported a loss due to adjustments in the financial stocks group emphasizes the importance of assessing the risks and prospects of the banking group. Investors need to carefully study the asset quality, NIM (net interest margin) and credit growth potential of each bank to make investment decisions. At the same time, it is necessary to consider opportunities when good stocks are adjusted in the short term, but with caution about the interest rate outlook.
Exchange rates and interest rates remain risk factors for the market.
The gap between credit and mobilization is increasingly widening, causing some banks to face liquidity pressure, increasing deposit attraction to meet strong credit growth.
- Signal: Positive
- Impact on: ABS
- Comment: Pressure on exchange rates and interest rates can directly affect the cost of capital of enterprises and investor sentiment. This is a risk factor that needs to be strictly managed. Investors should prioritize enterprises that are able to withstand interest rate fluctuations and are less dependent on foreign currency loans, and consider reducing the proportion of interest-sensitive stocks in their investment portfolios.
Slow capital mobilization puts pressure on interest rates
The outflow of foreign currency contributed to the slowdown in capital mobilization by banks in the third quarter in the context of rapid credit expansion. This put pressure on system liquidity and pushed up all types of interest rates.
- Signal: Neutral
- Impact on: SGI, GIAI, NHTW, DXY, SBV, OMO
- Comment: The slowdown in capital mobilization while credit is still expanding is putting pressure on the liquidity of the banking system and pushing up interest rates. This situation may have a negative impact on economic growth and corporate profits in the long term. Investors need to closely monitor the State Bank's management policies and prioritize stocks with strong free cash flow, less affected by fluctuations in interest rates and market liquidity.
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.
