HIGHLIGHTED NEWS
As of December 2024, the total volume of goods transported through domestic seaports is estimated to exceed 570 million tons, marking a 14% increase compared to the same period in 2023. Dry goods and container cargo continue to dominate, with handled volumes reaching over 321 million tons and 191 million tons, respectively. Forecasts for 2024 indicate that over 80% of logistics businesses are expected to achieve profit growth.
Data from the General Department of Taxation reveals that by the end of November 2024, total state budget revenue managed by the Tax Authority was estimated at VND 1,553,504 billion, achieving 104.5% of the annual target. Among the notable contributors, tax revenue from e-commerce activities reached VND 108,000 billion, reflecting a 22% increase compared to the same period last year.
TRADING STRATEGY
The stock market ended slightly lower, closing at 1,261 points, with liquidity continuing to weaken. Capital flows were primarily directed toward key sectors such as real estate, banking, and select leading stocks driving these groups. The VN-Index is anticipated to fluctuate within the 1,260–1,265 range today.
The market is trading within a narrow range, with liquidity remaining low. Funds are concentrated in fundamental stocks, sector-leading stocks, or a few key stocks influencing the overall index. The VN-Index may test the support zone around 1,250–1,255 points before resuming a recovery trend. Investors are encouraged to focus on strategic stocks, maintaining a medium-term holding approach to capitalize on Q4/2024 earnings results and plans for the first half of 2025.
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