HIGHLIGHTED NEWS
According to announcements from the Ministry of Finance, Vietnam’s macroeconomic performance in the first half of 2025 continued to show many positive developments:
- GDP grew by 7.52% in the first six months, marking the highest first-half growth rate during the 2011–2025 period.
- The average Consumer Price Index (CPI) increased by 2.62%, lower than the same period in 2024 (3.29%) and within the target control range set for 2025.The Index of
- Industrial Production (IIP) rose by 9.2%, the highest since 2020. Specifically, the manufacturing and processing industry grew by 11.1%; the electricity production and distribution sector by 4.5%; and the waste treatment and water supply sector by 11.3%.
- Total retail sales of goods and consumer service revenue reached approximately VND 3,416.8 trillion, up 9.3%. Within this, accommodation and food services revenue increased by 14.7%, and travel and tourism services rose by 23.2%.Total newly registered capital, adjusted capital, and capital contributions/share purchases by foreign
- investors exceeded USD 21.51 billion, up 32.6% year-on-year. Realized capital reached USD 11.72 billion, an increase of 8.1%.
- Regarding business activity, over 91,000 new enterprises were established nationwide (up nearly 12%), and more than 61,500 businesses resumed operations (up 57%).
- The total additional registered capital injected into the economy surged by 89%.
TRADING STRATEGY
The stock market rebounded to 1,386 points, although liquidity dropped below the weekly average. Capital flow continued to rotate, shifting toward mid- and small-cap real estate stocks and leading shares in the banking, technology, retail, and construction sectors. On the downside, selling pressure remained focused on industrial park real estate, chemicals, seafood, and textiles. The VN-Index is expected to fluctuate within the 1,380–1,390 range today.
The market is currently in a tug-of-war phase after receiving updates on Vietnam–US trade negotiations. As a result, cash flow is being redirected to individual stocks forecasted to have positive Q2 earnings or those supported by macroeconomic policies expected in the second half of 2025. The VN-Index remains on a recovery path toward the psychological level of 1,400 points. However, minor pullbacks or slight volatility may occur during this uptrend. Therefore, investors might consider partially realizing profits on stocks that have met or are nearing short-term expectations, while also looking for reinvestment opportunities—particularly in fundamentally strong stocks with unique internal growth stories or promising earnings outlooks for the latter half of 2025.
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