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.
Foreign investment surged at the end of the year, bolstering confidence in the Vietnamese market.
Over the last three trading sessions, foreign investors have net bought nearly 2 trillion VND on the Vietnamese stock market, focusing mainly on large-cap stocks in the technology, finance, and manufacturing sectors. This is noteworthy activity amidst signs of recovering liquidity.
- Signal: Neutral
- Impact on: MSCI, VIC, DGC, DXS, HPG, TCX, SSI
- Analysis: The return of net buying by foreign investors at the end of the year indicates positive expectations for Vietnam's economic outlook. In the short term, this move may support an upward trend; however, the risk of correction in leading stocks remains as domestic buying power is not yet truly sustainable. Investors should prioritize stocks with strong fundamentals and those included in ETF portfolios to minimize the risk of capital dilution.
Gold prices reach a peak of $4,500/oz: A signal reinforcing the global trend of falling interest rates.
Global gold prices continued to climb, reaching $4,500/oz in the latest trading session, setting a new record high for the 50th time in 2025 amid central banks easing monetary policy. Simultaneously, silver prices also surged, surpassing the $70/oz mark for the first time.
- Signal: Neutral
- Impact on: CNBC, SPDR
- Analysis: The rise in gold prices reflects the defensive sentiment of investors in the face of geopolitical risks and global inflation. In the short term, this could lead to a shift of capital away from growth stocks to safe-haven assets, putting pressure on the stock market. However, in the long term, the trend of falling interest rates will support risky assets such as stocks. Investors need to adjust their portfolio allocation to achieve a balance between stocks and defensive assets like gold.
Ports and logistics benefit as global trade tensions ease.
As trade tensions show signs of easing, global import and export activities have a chance to recover. Vietnam is expected to maintain a large market share in the US and European markets thanks to its advantages in tax rates, bilateral trade agreements, and expanding logistics infrastructure.
- Signal: Positive
- Impact on: MBS, TEU, GMD, HAH, VTP
- Assessment: Stocks related to ports and logistics are attractively valued given the potential for trade recovery. In the short term, the upward trend may continue as information on large shipments or new export contracts is announced. In the long term, this sector has a solid fundamental foundation and benefits from infrastructure development. Investors should gradually invest in stocks with port expansion plans or increased capacity. Risk management should focus on exchange rate fluctuations and fuel costs.
The market is heading towards a structural correction: New opportunities for underperforming stocks.
Entering a strategic adjustment phase, market capital is showing signs of shifting away from previously strong-performing stocks towards those with long-term accumulation foundations but which have received less attention in the past. Institutional investors have begun restructuring their portfolios for fiscal year 2026.
- Signal: Positive
- Impact on: BIDV, BSC
- Market Outlook: A clear divergence is occurring in the market, creating opportunities for stocks that haven't yet reflected their intrinsic value. In the short term, the accumulation trend will continue, but in the long term, stocks with improved earnings in the next quarter will lead the index. Investors should begin screening for companies with the potential to recover from the business cycle and expand their profit margins. Patience and a well-balanced portfolio are necessary to avoid falling into value traps.
US stocks hit new highs as tech stocks led the way.
The US stock market maintained its strong upward momentum, recording its fourth consecutive day of gains and setting a new all-time high, driven by artificial intelligence stocks. Simultaneously, WTI oil prices continued to inch higher, reflecting expectations of robust economic growth in the US and other developed economies.
- Signal: Neutral
- Impact on: CNBC, WTI
- Analysis: The strong upward movement in the US market is a positive sign for global sentiment; however, current valuations are quite high. In the short term, caution is needed regarding the possibility of technical corrections and profit-taking. Domestic investors can take advantage of this opportunity to monitor stocks that export to the US or are related to the technology supply chain. For long-term strategies, it is advisable to select stocks with low volatility and stable EPS to maintain positions.
The yen recovered thanks to signals of intervention from the Bank of Japan.
Japan's Finance Minister stated that the excessive depreciation of the yen was largely due to speculation, while not ruling out the possibility of intervention to stabilize the exchange rate. Immediately afterward, the yen recorded its strongest recovery since the beginning of the fourth quarter of this year.
- Signal: Neutral
- Impact on: ANZ, BOJ
- Assessment: The recovery of the yen could ease import cost pressures for Asian economies, including Vietnam. In the short term, this will provide support for businesses importing raw materials from Japan. However, the risk of exchange rate volatility remains due to dependence on the future policies of the Bank of Japan (BOJ). Investors should limit positions in export-import stocks with a JPY trading weighting and apply exchange rate risk hedging tools.
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.
