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 is fluctuating within a narrow range, and liquidity continues to decline sharply.
The market remains relatively stable, with both buyers and sellers remaining calm amidst external tensions. The sharp rise in Brent crude oil prices at the start of the week, exceeding $106 per barrel – equivalent to the peak reached in the first week of the conflict – did not trigger a widespread sell-off.
- Signal: Neutral
- Impact on: PVD, BSR, DCM, DPM, BFC, PVT, GAS, PLX, MWG, VIX
- Assessment: The market maintained stability within a narrow range, reflecting cautious but not panicked investor sentiment in the face of geopolitical fluctuations. Strong net buying by foreign investors is a positive sign, reinforcing confidence and potentially supporting the market in the short term. Investors may consider accumulating stocks with strong fundamentals while the market is in a consolidation phase, while maintaining tight risk management.
Liquidity dropped sharply, with individual sellers being net sellers last week.
Individual investors sold a net of VND 1,270.8 billion last week, of which VND 1,489.8 billion was sold through order matching.
- Signal: Neutral
- Impact on: HOSE, MWG, VNM, HPG, ACB, MSN, DCM, TCH, KDH, GMD
- Analysis: The significant decrease in liquidity, coupled with net selling by individual investors, indicates a divergence in capital flows, with investors awaiting clearer signals. However, net buying by foreign investors offers a positive outlook, suggesting attractive valuations in certain stock groups. In this context, investors should prioritize stocks with strong fundamentals and avoid trading based on herd mentality to minimize risk.
Liquidity is low, and money is flowing into the real estate and public investment sectors.
Speculative capital is shifting from recently surging stocks to bottom-fishing in previously sharply declining stocks such as residential real estate or public investment. These are all small and medium-sized stocks, which have shown the strongest recovery since their lows last week.
- Signal: Neutral
- Impact on: Iran, VIC, GAS, VCB, BID, MBS, IEA, HPG, PLX, PVS
- Analysis: Speculative capital is trending towards residential real estate and public investment sectors, which have seen strong recoveries from their lows. This indicates a search for short-term profit opportunities. Investors should exercise caution when participating in these sectors due to their high volatility and carefully assess the true recovery potential of the businesses and manage their portfolios to optimize short-term returns.
Gold prices this week await signals from the Fed.
If hawkish views prevail among policymakers, that would be a bad sign for gold prices.
- Signal: Negative
- Impact on: BMO, FXTM, BOJ, BOE, ECB, SNB
- Analysis: Signals from the US Federal Reserve (Fed) will play a key role in shaping the trend of gold prices. If the Fed expresses a hawkish stance, gold prices could face downward pressure. Investors holding gold need to closely monitor the Fed's statements to make appropriate decisions, consider bearish scenarios, and plan for risk mitigation in their portfolios.
Global economic volatility is creating new demands for corporate risk management.
Amid increasing global economic uncertainty, businesses face numerous risks ranging from exchange rates and supply chains to cybersecurity. Experts suggest that lessons from 2025 highlight the need for organizations to enhance their forecasting capabilities and strengthen governance to increase resilience.
- Signal: Neutral
- Impact on: HSBC, KINH, NHI, BIDV, III, LCR, NSFR
- Assessment: The uncertain global economic landscape demands that businesses enhance their comprehensive risk management capabilities, from exchange rate risk and supply chain risk to cybersecurity. For investors, selecting companies with strong resilience and effective risk management will be crucial. Priority should be given to companies with sustainable and transparent business models to protect long-term investment value.
Pressure from bond maturing is starting to increase again, with nearly 10 trillion VND due in March alone.
In March 2026, approximately 9.8 trillion VND of privately placed corporate bonds will mature, a significant increase compared to the first two months of the year.
- Signal: Neutral
- Impact on:
- Assessment: The sharp increase in corporate bond maturities in March 2026 could create liquidity risks for some businesses, especially those with weak financial structures. Investors should pay particular attention to sectors with high bond debt ratios and assess the debt repayment capacity of these companies. This also presents an opportunity to select businesses with strong financial health and less reliance on this fundraising channel.
Could oil prices rise to $200 a barrel, as Iran has warned?
The military conflict between the US and Iran has now entered its third week, and crude oil prices are fluctuating above $100 per barrel, up more than $40.1 TP3T from pre-conflict levels.
- Signal: Negative
- Impacts: IRGC, WTI, IEA, CNN
- Assessment: The warning about oil prices reaching $200/barrel due to the Iran-US geopolitical conflict is a significant risk factor that could negatively impact global inflation and production costs. The current sharp rise in oil prices has affected several sectors. Investors should closely monitor geopolitical developments, consider adjusting their portfolios, possibly reducing holdings in negatively affected sectors, and consider stocks that benefit from rising oil prices if risks are manageable.
Following the gold rush, individual investors are flocking to trade oil.
Individual investors are flocking to trade oil, hoping to profit from the volatile oil prices caused by the military conflict between the US and Iran.
- Signal: Negative
- Impacts: USO, UCO, WTI, USCF
- Analysis: The rush of individual investors to trade oil in search of profits from price fluctuations demonstrates the market's sensitivity to geopolitical news. However, commodity trading is highly volatile and carries significant risks. Investors need to be well-informed, understand the risks before participating, and should not blindly chase short-term trends. Strict capital management is essential to protect assets.
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.
