On November 28, 2024, the stock market news bulletin recorded notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some outstanding news and analysis of the market situation.
Vietnam stocks rise but liquidity is low, experts advise diversifying investment portfolio
- VN-Index increased to 1,242 points but liquidity only reached 11,200 billion VND. Experts recommend that investors should allocate 50% portfolio to fundamental sectors such as banking, real estate, steel and be flexible with the rest.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, banking stocks, real estate, steel
- Comment: The market is up but liquidity is low, showing investors' cautiousness. Diversifying the portfolio can help reduce risks in the context of many unstable factors from the global macro economy and geopolitics.
Stocks – the most attractive investment channel in 2025 with reasonable valuation and growth prospects
- Signal: Positive
- Impact on: VN-Index, export stocks, construction materials, steel
- Comment: The market may make waves in December 2024 or March 2025. The medium-term outlook is positive thanks to attractive valuations, improved corporate earnings and the return of speculative cash flows.
Individual investors should focus on the growth potential of individual businesses in the context of 'Trump 2.0'
- Ms. Dang Thi Lan Huong, Deputy General Director of Dragon Viet Fund Management, advised investors to carefully choose opportunities, focusing on stocks with revenue growth stories instead of looking at general valuations. She also suggested accumulating stocks when the market is down.
- Signal: Positive
- Impact on: VN-Index, stocks in financial services, technology, industrial real estate and logistics
- Comment: This news could create positive sentiment among individual investors, encouraging them to seek long-term investment opportunities in businesses with growth potential, especially in the mentioned industries.
Ministry of Finance proposes to amend securities tax, considers taxing only when there is profit
- Signal: Positive
- Impact on: VN-Index, HNX-Index, banking and securities stocks
- Comment: If approved, this proposal will motivate more individual investors to participate in the stock market, helping to increase liquidity and attract capital. This can promote the development of the Vietnamese stock market in the long term.
US stocks rise despite Trump's new tariff plan, investors optimistic about Fed
- Signal: Positive
- Impact on: Dow Jones, S&P 500, Nasdaq
- Comment: The US stock market remains positive despite concerns about the trade war. Investors are focused on the possibility of the Fed continuing to cut interest rates, boosting the rise of technology stocks. However, it is necessary to monitor the development of trade tensions in the coming time.
Vietnam's stock market lacks momentum to increase, VN-Index hovers around 1,245 points
- Signal: Neutral
- Impact on: VN-Index, VPB, VCB, BID, FPT, QCG, NO1
- Comment: The market is in the accumulation phase, lacking leading cash flow. Low liquidity and differentiation between stock groups show that investors are cautious. It is necessary to monitor more signals about cash flow and developments of large-cap stocks.
Top 10 Sustainable Development Reporting Awards 2024: BIDV, BVH, DCM, Imexpharm, OCB, PAN, Petrolimex, STK, VCS and Vinamilk honored
- Signal: Positive
- Impact on: BID, BVH, DCM, IMP, OCB, PAN, PLX, STK, VCS, VNM
- Comment: Being honored in the Top 10 Sustainability Reports can positively impact the image and reputation of businesses, attracting the attention of investors, especially investment funds with ESG criteria.
Applying VAT 5% to fertilizers: DCM and DPM stocks are expected to benefit from July 1, 2025
- The National Assembly passed the amended Law on VAT, applying VAT 5% to fertilizers from July 1, 2025. Enterprises producing single fertilizers and DAP are expected to benefit from input tax deductions, increasing their competitiveness with imported goods.
- Signal: Positive
- Impact on: DCM, DPM, DDV, LAS
- Comment: Applying VAT 5% on fertilizers can boost profit growth of domestic single fertilizer and DAP producers. DCM and DPM are forecast to benefit the most, with profits expected to increase by VND200 billion and VND259 billion, respectively, in 2025.
Vietnam stock market trades sluggishly, liquidity drops sharply in session 11/27
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UpCoM-Index
- Comment: The market lacks growth momentum, weak cash flow and declining liquidity show investors' cautious sentiment. The main indices all decreased slightly, reflecting a short-term negative trend. It is necessary to monitor developments in the coming sessions.
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.
