HIGHLIGHTS
International News:
U.S. stock markets declined on Tuesday, November 12, as investors awaited key inflation data and evaluated the potential impact of President-elect Donald Trump’s staffing decisions. The Dow Jones fell by 0.86%, the S&P 500 declined by 0.29%, and the Nasdaq Composite slipped by 0.09%.
National news:
Vietnam’s semiconductor industry is rapidly evolving into an attractive destination for global chip investors. Significant investments from corporations such as Amkor, Hana Micron, and Intel are establishing Vietnam’s role in the semiconductor supply chain, with the aim of positioning it as an Asian hub for chip manufacturing and design. Amkor has invested $1.6 billion in building Vietnam’s most advanced factory, while Hana Micron has pledged nearly $1 billion for memory chip production. Intel is also expanding its chip manufacturing in Vietnam, and domestic companies like FPT, Sovico, and Viettel are beginning to tap into the semiconductor market. The ongoing shift of production from China gives Vietnam an edge due to its skilled labor pool and competitive costs.
TRADING STRATEGY
The stock market fell to around 1,245 points, with liquidity dropping below the weekly average. Divergence is high, with selling pressure concentrated in leading sectors such as banking, basic resources, retail, oil and gas, and chemicals, while service and technology stocks provided some support to the index. The VN-Index is likely to fluctuate within the 1,245–1,250 range today.
The market continues to test the support zone of 1,240–1,245 points amid cautious sentiment and selective cash flow focusing on mid- and small-cap stocks. Selling pressure is mainly driven by specific blue-chip stocks within the VN30 index. Buying is increasing in fundamentally strong stocks that are now attractively priced. Investors are advised to maintain a focused approach, prioritizing strategic holdings and stocks with confirmed recovery trends supported by solid cash flow.
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