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.
Liquidity improved, foreign investors returned to net buying.
Stronger cash flow in blue-chip stocks boosted HoSE's trading volume this morning by 471 TP3T compared to the previous session, with 67.31 TP3T concentrated in the VN30 basket. Foreign investors also disbursed quite actively, with 701 TP3T purchases directed towards large-cap stocks, contributing to increased market confidence.
- Signal: Positive
- Impact on: VIC, VHM, VPL, VRE, MBB, DGC, BID, PLX, GVR, GAS
- Assessment: The positive return of capital and foreign investment is providing impetus for the index in the short term. This is a positive supporting factor for the technical recovery trend, especially in the VN30 group of stocks. Investors can consider increasing their holdings of good fundamental stocks with high liquidity, but should still set stop-loss orders to manage risk if the market reverses and corrects.
A series of blue-chip stocks unexpectedly hit their lower limit, with oil and gas stocks being the focus of the correction.
Selling pressure intensified sharply in the afternoon session, pushing many large-cap stocks close to their floor prices. Investors tended to be more cautious due to holiday sentiment, while oil and gas stocks like GAS, PLX, and PVO were negatively impacted by fluctuations in global oil prices.
- Signal: Neutral
- Impacts: GAS, PLX, PVD, PVT, BSR, PVC, PVO, PVB, PVS, OIL
- Analysis: The sharp correction in oil and gas stocks reflects the market's sensitivity to external factors such as oil prices and geopolitics. In the short term, technical support levels need to be closely monitored to avoid a sell-off. In the long term, this group still has potential if oil prices stabilize again. The recommended strategy is to monitor for reversal signals before buying at the bottom and prioritize tight capital management.
Statistics show that there were 6 companies with a market capitalization exceeding $10 billion in January 2026.
Information from HOSE indicates that in January 2026, six listed companies reached a market capitalization exceeding $10 billion. This data shows that the Vietnamese stock market continues to attract large capital flows, concentrated in leading companies such as VIC, VHM, and VCB.
- Signal: Neutral
- Impact on: HCM, HOSE, VIC, VCB, VHM, BID, CTG, GAS, TSA, KLB
- Assessment: Despite a positive market capitalization outlook, foreign investors maintained a slight net selling position, reflecting the cautious sentiment of international investors. In the short term, the market may not rebound strongly, but in the medium term, leading stocks will have the opportunity to recover. Selecting top-performing stocks and maintaining a limited portfolio weighting will help optimize investment performance.
Cash outflows from ETFs continued ahead of the holiday season.
Data shows that foreign ETFs have withdrawn nearly 142 billion VND from the Vietnamese stock market, mainly from large funds such as FTSE, VFM, and VEM. This increases short-term supply pressure and reduces confidence in leading stocks.
- Signal: Neutral
- Impact on: LEAD, VFM, FTSE, VEM, PNJ, TCB, ACB, MBB, VPB, HPG
- Analysis: The withdrawal of funds before the holiday may be a short-term portfolio restructuring action rather than a reflection of sustained negative sentiment. In the long term, if the macroeconomic situation stabilizes, ETF inflows may return. Investors should wait for signals of disbursement from this group to confirm the trend, while exercising caution when holding stocks with a large weighting in the ETF's trading portfolio.
Gold prices recovered to the $5,000/oz mark as the US dollar weakened.
The SPDR Gold Trust has returned to net buying after a series of selling sessions, amid a sharp weakening of the US dollar which has caused international gold prices to recover and surpass the $5,000/oz mark. This phenomenon has positively impacted the sentiment of safe-haven asset markets.
- Signal: Neutral
- Impact on: SPDR, PBOC
- Analysis: In the short term, the recovery of gold may stimulate safe-haven sentiment, negatively impacting capital flows into stocks. However, in the long term, cooling global inflation will cause capital to flow back into the stock market. The appropriate strategy is to maintain a balanced portfolio, viewing gold as a hedge against risk during periods of volatility.
VNX announces 2025 results exceeding revenue and profit targets.
Announcing the cumulative results for the whole year of 2025, VNX recorded revenue of VND 2,905 billion, an increase of 29.291% compared to the plan, and after-tax profit of nearly VND 2,850 billion, an increase of 29.281% compared to the previous year. This positive result reflects the efficient operation and expansion of the unit.
- Signal: Neutral
- Impact on: VNX, VCBS
- Analysis: Impressive business results could provide short-term upward momentum, especially after the holiday season. However, the overall market still needs time to consolidate. Investors can gradually invest in growth stocks if technical signals strengthen, while setting profit targets to mitigate the risk of a reversal.
Vietnam needs to focus on addressing three key areas to improve its credit rating.
In an effort to improve its national credit rating, Vietnam needs to focus on addressing three bottlenecks: reforming state-owned enterprises, balancing the budget deficit, and increasing transparency in financial data. Rating agencies will highly value substantive institutional reforms aimed at upgrading the rating to Investment level by 2030.
- Signal: Neutral
- Impacts: PPP, CAR, III, CFA, BBB
- Assessment: Economic structural reforms play a crucial role in attracting long-term investment and reducing national risk. If implemented correctly, this will be a positive signal for long-term market trends. Investors should monitor macroeconomic policies to build portfolios with a medium- to long-term outlook, prioritizing stocks with strong fundamentals and high transparency.
Big Group Holdings reports strong profit growth thanks to restructuring.
Despite the divergence in the real estate and financial sectors in 2025, Big Group Holdings (UPCoM: BIG) recorded impressive profit growth thanks to drastic restructuring and repositioning of its business segments. All financial performance indicators improved significantly, demonstrating the restructuring strategy was on the right track.
- Signal: Neutral
- Impact on: BIG, CHI, CHUY
- Assessment: Although profit growth is an optimistic sign, the small size and low liquidity of BIG shares still carry a high speculative element. In the short term, investors need to be cautious about buying opportunities. In the long term, if the restructuring process remains stable, the stock could become a bright spot among small and medium-sized enterprises. The strategy is to closely monitor the types of risks and regularly update financial reports before deciding to invest.
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.
