HIGHLIGHTED NEWS
In the context of Vietnam’s rapidly developing economy and its deepening integration with regional and global markets, the Government and the Prime Minister have issued various policies and directives to promote digital transformation in the banking sector, as well as to develop a green economy and a circular economy—of which digital assets and carbon credits are important components. However, a key issue that arises is how these new types of assets—such as digital assets and carbon credits—can and will be accepted as collateral for loans by credit institutions in Vietnam. Compared to traditional collateral types such as real estate, machinery, or securities, the legal framework for digital assets and carbon credits in Vietnam remains underdeveloped. In practice, several countries have already recognized digital assets as collateral, while Vietnam is still in the early stages of defining and building a legal corridor for such assets. Similarly, carbon credits are increasingly seen as financial instruments that support businesses in transitioning toward sustainable development models. Nevertheless, there are currently no clear legal provisions in Vietnam governing the use of carbon credits as secured assets in transactions. Therefore, in the process of establishing a legal framework for new types of collateral assets, it is crucial to clearly define the legal status of digital assets and carbon credits, while also drawing on international best practices and experiences.
TRADING STRATEGY
The stock market closed slightly in the red, retreating to 1,226 points with liquidity lower than the average of the previous trading week. Sector rotation remained evident. Capital flows showed a tendency to shift toward leading stocks in financial services, F&B, retail, and industrial services. On the other hand, some individual stocks in real estate, technology, and basic resources faced selling pressure. The VN-Index is expected to fluctuate within the 1,220–1,230 range today.
The market is currently in a recovery phase, aiming toward the key resistance level around 1,250 points. However, cautious sentiment ahead of the upcoming holiday period has led to weaker liquidity, slightly increased profit-taking pressure, and a preference for selective investments in individual stocks across sectors to support the overall index. The market is expected to return to a more positive state after the holiday, which will also mark the pilot launch of the new KRX trading system. Investors are advised to maintain a balanced portfolio, avoid over-diversification, and prioritize focused trading strategies.
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