On January 16, 2025, the stock market news bulletin recorded remarkable 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.
Dragon Capital forecasts VN-Index to increase by 15-17% in 2025, technology and banking sectors to benefit
- Dragon Capital's investment director expects GDP growth of 7.5-9%, corporate profits to increase by 15-17% in 2025. The stock market is forecast to break out thanks to upgrade potential and attractive valuations.
- Signal: Positive
- Impact on: VN-Index, VCB, BID, TCB, FPT, VHC
- Comment: Positive forecasts for economic growth and corporate earnings could boost capital flows into the stock market. Banking and technology groups are expected to lead the market's growth in 2025.
Vietnamese technology and telecommunications stocks to increase sharply in 2024, FPT and VGI in the top 10 largest market capitalizations
- Signal: Positive
- Impact on: FPT, VGI, FOX, CMG, ELC, CTR
- Comment: The technology and telecommunications industry has a positive long-term outlook thanks to the global digital transformation trend and government support policies. However, current valuations are no longer cheap, investors should be cautious and find a reasonable buying point.
NTP Prospective Equity Fund missed out on the VN-Index rally in 2024, with an investment performance of -4,58% compared to the index's gain of 12,11%. The fund kept a high cash ratio in Q1, ignoring the market's strong rally.
- Signal: Negative
- Impact on: NTPPF, VN-Index
- Comment: The fact that NTPPF fund maintains a high cash ratio in Q1/2024 shows a cautious view of the market. However, this causes the fund's investment performance to lag far behind the VN-Index, raising concerns about the profitability of investors.
TMT stock drove a roller coaster with a hot increase streak of 10 consecutive sessions, but has turned around and hit the floor.
- Signal: Negative
- Impact on: TMT, VN-Index
- Comment: The hot streak based on restructuring expectations of TMT Motors could be a double-edged sword. The subsequent floor drop shows investors’ cautious sentiment, concerned about the company’s ability to carry out its ambitious plans amid its poor business results in recent years.
Pressure on USD/VND exchange rate is assessed to be exaggerated, State Bank has enough tools to regulate
- Signal: Neutral
- Impact on: VNIndex, HNX-Index, banking and export stocks
- Comment: Despite short-term pressure, the exchange rate is forecast to stabilize thanks to the flexible management of the State Bank. Enterprises have proactively managed exchange rate risks. The market may be affected by short-term psychology but will soon stabilize again.
VPBankS experts predict that the stock market may bottom out before Lunar New Year, expecting a strong recovery afterwards.
- Signal: Neutral偏向Positive
- Impact on: VN-Index, VPB
- Comment: The market is in the bottoming phase, there may be buying opportunities before Tet. However, it is necessary to carefully monitor the USD/VND exchange rate and DXY index before deciding to disburse. Public investment stocks may attract cash flow in the near future.
Binh Duong considers assigning Becamex IDC to implement a VND2,300 billion public hospital project after 10 years of delay, hoping to improve local health infrastructure.
- Signal: Positive
- Impact on: BCM, IDC
- Comment: The assignment of a large project to Becamex IDC could boost the company’s business and stock price. At the same time, this project will contribute to improving the medical infrastructure in Binh Duong, creating favorable conditions for local socio-economic development.
US and European markets mixed, investors cautiously await key inflation data
- US and European stocks traded mixed on interest rate concerns and inflation data. Oil prices rose sharply after new US sanctions on Russia.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, VN30-Index
- Comment: The market may trade cautiously in the short term, waiting for important economic data. Oil and gas stocks may benefit from the increase in world oil prices.
ACBS: 3 biggest investment topics in 2025 – Opportunities from trade war, upgrading stock market and boosting public investment
ACBS forecasts the VN-Index to fluctuate between 1,240-1,420 points in 2025, focusing on industrial park real estate stocks, seaports, shipping and public investment.
- Signal: Positive
- Impact on: VN-Index, VIC, VHM, GMD, HAH, CTD, HHV
- Comment: Positive outlook for Vietnam's stock market in 2025 with expectations of upgrading to emerging market status, boosting public investment and benefiting from the trend of shifting production. Industrial park real estate, seaports and construction sectors may benefit.
The Vietnamese stock market fell in the morning session of January 14, with the VN-Index falling to 1,230 points due to increased selling pressure and cautious investor sentiment.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UpCoM-Index
- Comment: The market lacks growth momentum, low liquidity and gloomy developments before Tet holiday. Investors should be cautious, monitor market developments and short-term macroeconomic information.
Expected IPO boom, 47.5 billion USD expected to flow into Vietnam's stock market in the next 3 years
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Large capital flows from IPOs will create strong growth momentum for the stock market. This can boost liquidity, attract investors and increase market capitalization, especially for blue-chip and midcap stocks with high growth potential.
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.
