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.
High-intensity volatility, liquidity continues to surge.
The sharp correction in VinGroup's stocks put significant pressure on the VN-Index. Fortunately, the banking sector helped mitigate the losses. Nevertheless, the volatility was quite strong, with the index fluctuating by more than 11 TP3T. This intense volatility attracted impressive capital inflows, pushing liquidity to its highest level in 18 sessions.
- Signal: Neutral
- Impact on: VIC, VHM, VCB, BID, CTG, MBB, STB, ACB, GAS, HPG
- Analysis: The Vietnamese stock market is experiencing a period of significant volatility with impressively increased liquidity, indicating active capital flows and good absorption of supply. The continued strong net buying by foreign investors reinforces confidence in the market's growth potential in the medium and long term. Investors can consider accumulating leading stocks with strong fundamentals during market corrections, while also paying attention to risk management by allocating capital appropriately and setting clear stop-loss points. This period presents opportunities for investors with a long-term perspective.
From the HoSE bell to the rhythm of global connectivity.
On the morning of February 24th, at the Ho Chi Minh City Stock Exchange, a solemn ceremony was held to ring the bell to inaugurate the Lunar New Year of the Horse, simultaneously launching a new logo and signage, marking the beginning of a trading year amidst a market entering a new phase of development.
- Signal: Neutral
- Impact on: HCM, NYSE, LSE, FTSE
- Analysis: The opening bell ceremony and the launch of the new HoSE logo demonstrate the determination and vision of the Vietnamese stock market in a new phase of development, aiming for deeper integration with the global market. This could attract more foreign investment, especially as transparency and trading efficiency standards are improved. Investors should monitor market support policies and macroeconomic factors related to integration to seize opportunities from the growth of businesses with international competitive advantages, preparing for a potential breakthrough period for the market.
Liquidity continued to increase sharply, and bargain-hunting flows remained positively diversified.
Profit-taking pressure was significantly more pronounced, and many of the largest-cap stocks reversed course and declined, causing the VN-Index to also fall. However, looking at the market breadth and capital flow distribution, the market remains positive.
- Signal: Positive
- Impact on: VIC, VHM, VCB, GAS, BID, HPG, DGC, SHB, TPB, STB
- Analysis: Bottom-fishing capital flows remain positively differentiated amidst sharply increased liquidity, indicating that investors are seeking opportunities in specific sectors or stocks despite increased profit-taking pressure. This differentiation requires investors to employ a meticulous stock selection strategy, focusing on companies with clear growth stories and promising business results. This is a good time to restructure portfolios, eliminate weak stocks, and add those with market-leading potential, while maintaining trading discipline to optimize profits and minimize risks.
Fed officials are cautious about cutting interest rates.
Several Federal Reserve officials speaking on February 24th expressed caution regarding further interest rate cuts.
- Signal: Negative
- Impacts: NABE, CNBC, PCE, FOMC, CME
- Assessment: The US Federal Reserve's cautious stance on interest rate cuts could put some pressure on global market sentiment, including in Vietnam, particularly for risky assets. While the Vietnamese market may not react immediately, in the long term, higher capital costs could impact foreign investment flows and economic growth. Investors should closely monitor US economic reports and Fed statements to assess the potential impact on domestic exchange rates and interest rates, prioritizing businesses with sound financial structures and less reliance on foreign debt.
US stocks surged thanks to a rebound in software stocks, while oil prices slipped from their highs.
During the session, Brent crude oil prices briefly reached their highest level since July 31st, and WTI crude oil prices reached their highest level since August 1st, 2025.
- Signal: Neutral
- Impacts: WTI, AMD, GPU, CNBC, UBS
- Analysis: The recovery of US software stocks indicates a shift in capital flows and investor expectations toward technology and innovation sectors, despite the oil price correction. While the Vietnamese market has its own unique characteristics, this trend may suggest potential for domestic technology companies or industries benefiting from digitalization. Investors should diversify their portfolios, not only focusing on traditional sectors but also seeking opportunities in emerging fields with the potential for breakthrough growth, while managing risk from global commodity price volatility.
The companies with the most cash in the world.
Berkshire Hathaway leads with $382 billion. Following closely behind are China's CITIC financial group and Japan's Daiwa Securities Group.
- Signal: Positive
- Impact on:
- Analysis: The fact that large global corporations like Berkshire Hathaway hold massive amounts of cash indicates caution in the context of macroeconomic uncertainty, while also reflecting strong financial potential ready for M&A deals or strategic investments. For the Vietnamese market, this underscores the importance of assessing a company's cash generation and financial management capabilities. Investors should prioritize companies with solid balance sheets and abundant free cash flow, as these are indicators of resilience to risk and sustainable long-term growth potential, especially during market fluctuations.
US raises global tariffs to 15%: Will Vietnamese export businesses benefit?
The US imposition of the global 15% tariff means the new tariff is lower than the nearly 20% currently in effect and significantly lower than the 40% previously threatened for goods in transit. This could be more beneficial for exports in general.
- Signal: Neutral
- Impact on: KBSV, FDI, MBS
- Assessment: The US's 15% global tariff policy, if implemented at a lower rate than previously threatened, could provide a competitive advantage for Vietnamese export businesses by reducing the tax burden. This is a positive signal for key export sectors, helping to improve profit margins and international competitiveness. Investors should conduct in-depth research on businesses with a high proportion of exports to the US market, assessing the potential for profit growth from this policy. Simultaneously, other factors such as rules of origin and non-tariff barriers should be considered to gain a comprehensive view of investment opportunities.
Gold prices fell due to a stronger USD, while the SPDR Gold Trust bought nearly 8 tons more.
Global gold prices fell sharply in Tuesday's trading session (February 24), slipping from a three-week high, due to a stronger US dollar and profit-taking by investors awaiting news on US tariff policy and US-Iran negotiations.
- Signal: Negative
- Impact on: SPDR
- Analysis: The decline in gold prices due to the strengthening US dollar reflects a shift in global investor risk appetite, which typically means money flowing into riskier assets like stocks. However, the continued gold purchases by the SPDR Gold Trust indicate continued safe-haven demand from large funds. For stock investors, this is a sign to monitor factors affecting exchange rates and monetary policy. Consideration should be given to diversifying portfolios, not just focusing on stocks, but also allocating a portion to defensive assets to manage risk amidst macroeconomic volatility.
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.
