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.
The market continued its broad-based correction, with foreign investors net selling over 1,400 billion VND.
Domestic stocks followed the sharp decline seen in other Asian markets. The VN-Index fell by 1,291 TP3T, with six times as many stocks in the red as those in the green, and 207 stocks dropping by more than 11 TP3T in value.
- Signal: Positive
- Impact on: SET, HNX, VCB, BID, GAS, MCH, PLX, VHM, TCB, VIC
- Assessment: The widespread market correction, coupled with net selling pressure from foreign investors, may create attractive price levels for long-term investors. This is an opportune time to restructure portfolios, focusing on stocks with strong fundamentals and good growth prospects, especially as market sentiment may recover in the medium term. The risk stems from continued selling pressure; therefore, position management and patiently waiting for clear reversal signals are crucial.
Impressive bargain hunting, blue-chip stocks lead the rebound, and liquidity reaches record levels.
The panic lasted for about 30 minutes at the beginning of the afternoon session before money flowed in. A series of leading stocks started early, pulling a wave of blue-chips to lead the recovery, successfully pushing the VN-Index above the reference level. The securities sector had a booming session, no less impressive than the oil and gas sector.
- Signal: Positive
- Impact on: VHM, MWG, SSI, VRE, VCB, BID, CTG, LPB, GAS, VCI
- Analysis: Strong buying pressure at the bottom for blue-chip stocks helped the VN-Index recover, demonstrating domestic capital's confidence in the market's potential. This is a positive signal indicating the possibility of a short-term bottom formation and opening up investment opportunities in leading stocks. Investors can consider gradually investing in blue-chip stocks and promising sectors, while closely monitoring liquidity developments to confirm a sustainable recovery trend.
New board?
For the third consecutive session, the market experienced extremely high liquidity, promising a record-breaking trading week amidst a wave of panic selling by investors. Positive signs have emerged with price rebounds in many blue-chip stocks and securities groups.
- Signal: Positive
- Impact on: HSX, HNX, VNI, SSI, VRE, MWG, VCI, AGR, VCK, MBS
- Analysis: The surge in liquidity during the correction and recovery phase indicates a significant shift in capital flows, creating new opportunities. Despite selling pressure, the recovery of blue-chip stocks and securities shows the potential for a new cycle, attracting long-term investors. Careful analysis of stocks with sudden liquidity spikes is necessary to find optimal entry points, while also managing risk against potential unexpected fluctuations.
Gold prices plummet by over $200/oz as SPDR Gold Trust offloads its holdings.
Precious metals markets experienced a sharp sell-off during the trading session due to a strengthening US dollar as investors rushed to buy the greenback as a "safe haven" amid the conflict in Iran.
- Signal: Neutral
- Impact on: SPDR, RJO, CNBC
- Analysis: Gold prices fell sharply due to the strengthening US dollar and the potential for conflict to boost demand for safe-haven assets like the USD, while reducing gold's attractiveness. For stock market investors, the shift of capital away from gold may lead to other investment channels such as stocks, creating opportunities for the stock market. However, it is necessary to assess the impact of macroeconomic and geopolitical factors on overall investor sentiment to adjust strategies accordingly and avoid risks from excessive volatility.
Vietnamese stocks are attractively valued due to expected earnings growth.
The Banking and Real Estate sectors are projected to continue being the main drivers of HoSE's profit growth in 2026, contributing 60.61 TP3T and 11.21 TP3T respectively to total profits.
- Signal: Positive
- Impact on: EBIT, VIC, NIM, FDI
- Assessment: Strong profit growth prospects from the Banking and Real Estate sectors are key factors making the Vietnamese stock market attractive. This is a positive signal for investors seeking long-term opportunities, focusing on leading companies with high profit growth potential and sustainable business models. Closely monitoring monetary policy, interest rates, and asset quality in the banking sector will be key to optimizing returns and mitigating risks.
The March 2026 review is merely a formality; the Vietnamese market is certain.
The regulatory body has made the necessary adjustments to implement the Global Broker Model, a crucial element in supporting the effective modeling of the index. The mid-term review in March 2026 is merely a formality for FTSE Russell to complete its assessment process.
- Signal: Negative
- Impacts: FTSE, KYC, NPF, FAQ, VIC, VHM, HPG, MSN, VCB, VNM
- Assessment: Although the FTSE Russell review is merely a formality, the implementation of the Global Broker Model is a significant step forward for the Vietnamese market in the long term. However, negative signals may reflect delays in market upgrades or concerns about other criteria not being fully met. Investors need to carefully consider factors related to the upgrade and the potential impact on foreign capital flows, thereby adjusting their portfolios defensively or seizing opportunities when the market overreacts.
Vietnamese port service fees are very attractive compared to the region, creating opportunities for businesses.
The government is aiming to gradually increase deep-water port handling fees to 70–80% compared to regional standards in order to encourage investment in seaports and meet the growing demand from global shipping lines.
- Signal: Positive
- Impacts: GML, HCM, ICD, GMD, THC
- Assessment: The policy of increasing deep-water port handling fees will create a strong impetus for port businesses, encouraging investment and enhancing competitiveness. This is a golden opportunity for investors seeking logistics and port stocks with high long-term profit growth potential, especially those owning strategic ports. A thorough analysis of each company's financial strength, expansion capabilities, and operational efficiency is necessary to select suitable stocks, while also managing risks from macroeconomic factors and industry competition.
Strait of Hormuz closed: Asia could be most severely affected.
Iran's closure of the Strait of Hormuz is causing significant tremors in global energy markets, with Asia predicted to be the most severely affected.
- Signal: Neutral
- Impacts on: LNG, CNBC, SOUTHERN REGION, UAE, UBP
- Assessment: The closure of the Strait of Hormuz will cause significant volatility in the global energy market, particularly impacting Asia. This could drive up oil and gas prices, affecting production costs and inflation, and creating risks for energy-dependent industries. Investors should consider adjusting their portfolios, prioritizing sectors less affected by energy prices or those that could benefit from price increases, such as the oil and gas sector. Strict risk management is necessary given geopolitical instability and commodity price 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.
