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.
Bottom-fishing has reappeared, and foreign capital flows have reversed, supporting the market.
In the first few minutes of this afternoon's trading session, selling pressure surged, pushing the VN-Index sharply down to 1777.85 points. However, strong bargain-hunting buying pulled the index back up to 1806.5 points. Market liquidity remained at its highest level in the last 8 sessions, indicating a significant improvement in buying power.
- Signal: Positive
- Impact on: VIC, VHM, VCB, CTG, GVR, MWG, MSN, JVC, VNM, BID
- Assessment: The return of bargain-hunting capital indicates that investor sentiment is gradually stabilizing after a period of volatility. In the short term, the market has the opportunity for a technical rebound based on domestic demand and support from foreign investors. Investors can consider gradually investing in leading stocks that have undergone deep corrections, while also carefully managing risk by setting clear stop-loss points.
Leading stocks continued to weaken, causing the VN-Index to fall below the psychological 1800-point mark.
Selling pressure from large-cap stocks spread, causing the VN-Index to plummet and market sentiment to turn negative again. Although bargain-hunting buying was present, selling pressure still prevailed, pushing red across the entire market. Liquidity also increased sharply to 23% compared to the previous session.
- Signal: Neutral
- Impact on: VIC, VHM, VCB, BID, TCB, VPB, GAS, HPG, FPT, GVR
- Analysis: The index breaking below the 1800-point mark is causing panic among many investors; however, the emergence of bargain-hunting capital suggests there is still hope for a recovery. Short-term investors should closely monitor technical signals, while long-term investors can take advantage of sharp declines to accumulate good fundamental stocks. Consider using a dollar-cost averaging strategy and maintaining investment discipline during periods of high volatility.
Strong net selling by foreign investors in the first month of the year indicates pressure from international capital flows.
Foreign investors sold a net of VND 5,929.7 billion in January 2026, with matched order transactions alone accounting for VND 4,087.7 billion. This was the strongest net selling month since the beginning of the year, directly impacting liquidity and market sentiment in the short term.
- Signal: Neutral
- Impact on: HOSE, MBB, FPT, TCX, VPB, GAS, BID, VCB, GVR, HPG
- Assessment: The massive outflow of foreign capital reflects concerns related to macroeconomic risks and global policies. However, when the market reaches attractive valuation levels, foreign investors may return cyclically. In the short term, investors should focus on stocks with low weighting in their portfolios to limit volatility. In the medium term, the market remains attractive based on positive macroeconomic fundamentals and corporate profit growth.
Domestic capital is actively accumulating trillions of dong, with a priority given to the real estate sector.
Over the past week, domestic institutional investors made net purchases of over VND 2.217 billion, particularly focusing heavily on real estate stocks. This signals a return of domestic demand in sectors that have been experiencing significant discounts recently.
- Signal: Negative
- Impact on: FPT, MSN, PNJ, VCI, GAS, MBB, BID, TCX, BSR, STB
- Assessment: Although domestic institutions are net buyers, the market remains under pressure from strong net selling by foreign investors. In the short term, domestic capital flows may support the index, but policy risks and macroeconomic recovery issues need to be considered. Investors should focus on stocks with strong financial foundations and limit debt. A suitable strategy is to carefully select sectors with promising profit prospects, especially real estate, which benefits from interest rate adjustments.
Speculative money is shifting towards stocks that were previously heavily discounted.
Speculative capital is flowing strongly into sectors such as residential real estate, securities, and public investment. These sectors, which have been under significant downward pressure and have been consolidating recently, are now attracting capital back in search of opportunities for a quick recovery.
- Signal: Neutral
- Impact on: GAS, VCB, BID, GVR, VIC, VHM, VJC, BSC, BIDV, NVL
- Analysis: The return of speculative capital may create a short-term recovery effect, but at the same time increase the risk of price volatility. Investors should separate fundamental investing from short-term trading to better manage risk. Short-term strategies involve quick gains and exits during technical uptrends, while long-term strategies require patience with well-established value portfolios.
Foreign funds consider Vietnamese stocks to be far more attractive than many other Asian markets.
Foreign investment funds believe the Vietnamese market has outstanding growth thanks to sustainable FDI inflows, strong export growth, and controlled inflation and public debt. These are very positive fundamental factors for medium- and long-term investment strategies.
- Signal: Neutral
- Impact on: FDI, MSN, HPG, MWG, BVH, VNM, PLX, CTG, GMD, FPT
- Assessment: The positive outlook from foreign funds could be a springboard encouraging the return of foreign capital in the medium term. Long-term investors should focus on stocks that benefit from economic growth, especially leading companies in their respective industries. In the short term, the market may still be influenced by sentiment and international fluctuations, therefore, a moderate proportion of stocks should be maintained in the portfolio.
The plunge in gold prices is putting pressure on global investor sentiment.
Gold and silver prices fell sharply as trading began in Asian markets. This was a consequence of a widespread sell-off, reflecting shifting expectations about monetary policy and global asset flows.
- Signal: Neutral
- Impact on: CME, BNP, PPI
- Analysis: The sharp fluctuations in gold prices could lead to a defensive sentiment in the stock market, especially in stocks related to finance and precious metals. In the short term, investors should be cautious with stocks sensitive to interest rate risk or commodity volatility. In the long term, if gold stabilizes, capital may flow back to higher-risk channels such as stocks.
A trade surplus with the US will support Vietnam's exports throughout 2026.
Demand for goods from the United States continues to be a driving force behind export growth, with a trade surplus equivalent to 261 TP3T of GDP. At the same time, exports to the US account for over 301 TP3T of Vietnam's total export value, creating a positive foundation for key export businesses.
- Signal: Neutral
- Impact on: FDI, PMI
- Assessment: A favorable trade balance increases the supply of foreign currency, supporting exchange rate and inflation stability, thereby creating a positive environment for the stock market. However, the outlook largely depends on global economic growth and US trade policy. Investors may consider export-oriented stocks such as textiles, seafood, and electronics in their medium-term strategy, while monitoring the risk of changes in international trade protectionist policies.
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.
