HIGHLIGHTED NEWS
According to the Ministry of Industry and Trade, Vietnam's e-commerce sector has received high praise from reputable market research organizations: it ranks third in Southeast Asia in terms of market size in 2024 and fifth globally in terms of growth rate in 2022. The retail e-commerce market has expanded rapidly, growing from USD 2.97 billion in 2014 to USD 25 billion in 2024, with an average annual growth rate of 20–30%, contributing 10% of the country's total revenue from consumer goods and services in 2024. However, the legal framework for e-commerce in Vietnam remains incomplete and inconsistent. Emerging e-commerce models lack specific regulatory guidelines and pose several potential risks. In response, the draft E-commerce Law defines four e-commerce operational models: direct business e-commerce platforms, intermediary e-commerce platforms, social networks engaging in e-commerce, and multi-service integrated platforms. The draft law also introduces specific regulations for livestream selling, including requirements for platform operators to verify the identity of livestreamers, publicly implement and operate real-time monitoring mechanisms, and for sellers to provide legal documentation proving compliance with relevant conditions. Notably, the draft law prohibits the sale or facilitation of the sale of counterfeit goods, intellectual property-infringing products, smuggled goods, products of unknown origin, expired items, and goods that violate legal quality standards.
TRADING STRATEGY
The stock market saw a positive session, closing at 1,457 points with liquidity remaining around the weekly average. Large-cap stocks in the financial and real estate sectors continued to attract capital inflows and led the index. Meanwhile, there was slight selling pressure in mid- and small-cap stocks from sectors like industrial services, oil & gas, construction and materials, and services. Today, the VN-Index is expected to fluctuate between 1,453 and 1,465 points.
The market is currently in a positive trend. The VN-Index recorded its first weekly gain of over 5% since 2023, and set a new record for weekly trading volume, with over 6.1 billion shares matched. Foreign investors net bought for the eighth consecutive session, with a total estimated value of nearly VND 12 trillion across all three exchanges. Large-cap stocks continued to rotate leadership and attract cash flows. The VN-Index is likely to maintain its upward momentum, breaking through the 1,450–1,460 resistance zone and aiming for the key psychological area of 1,490–1,500 points. Investors are advised to hold onto strategic portfolio stocks and consider increasing positions in fundamentally strong stocks with potential earnings growth in the second half of 2025, or those with stable price bases that haven’t experienced a sharp rally yet.
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