HIGHLIGHTED NEWS
The Ministry of Construction has just approved the adjustment of the National Airport System Planning for the period 2021–2030, with a vision to 2050. Accordingly, by 2030, Vietnam will plan to develop 36 airports, including 19 international and 17 domestic airports, with the addition of 7 new airports: Gia Binh, Ninh Binh, Van Phong, Lai Chau, Bach Long Vi, Mang Den, and Phan Thiet. The total designed capacity will reach approximately 249.14 million passengers per year, with an investment capital requirement of approximately 577,572 billion VND. Looking ahead to 2050, the plan includes the addition of a second airport in the Capital Region, bringing the total to 37 airports, with a designed capacity of approximately 533.5 million passengers per year and an investment capital requirement of approximately 586,505 billion VND. The plan also outlines the development of air logistics centers at airports with cargo throughput of 250,000 tons/year or more, and prioritizes the construction of aircraft maintenance and repair centers at key airports.
TRADING STRATEGY
The stock market recovered positively towards the end of the session, closing at 1,848 points with lower liquidity compared to the previous trading session. Selling pressure appeared quite early but weakened towards the end of the afternoon. Support returned, led by stocks in the financial services, banking, and oil and gas sectors. Foreign investors resumed slight net buying. Although the market reversed upwards during the session, it lacked breadth and consensus across highly market-sensitive sectors. Therefore, the VN-Index is likely to continue its sideways trend with significant volatility and short-term differentiation.
Today, the VN-Index is likely to fluctuate around the 1,850-1,870 point range. Investors can look for short-term corrections during the session to restructure their portfolios and accumulate fundamentally sound stocks with a medium- and long-term outlook.
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