HIGHLIGHTED NEWS
The Government has issued Decision 2184/QĐ-TTg, adjusting the 2026 limits for foreign commercial borrowing by enterprises and credit institutions that do not have a Government guarantee. Under this decision, the limit for medium- and long-term borrowing—conducted on a "self-borrow, self-repay" basis—has been increased from $6.124 billion to a maximum of $10 billion per year, an increase of nearly 63%. Simultaneously, the permitted growth rate for short-term foreign debt has been raised from approximately 19–20% to a maximum of 27% relative to the outstanding debt balance at the end of 2025. The decision takes effect on November 11, 2026.
The State Bank of Vietnam (SBV) has issued Decision 2452/QĐ-NHNN, confirming the continued validity of regulations that restrict the use of foreign currency within Vietnam. Consequently, transactions, payments, price listings, and the denomination of prices in contracts using foreign currency remain restricted, with the exception of permitted instances such as banking operations, duty-free shops, foreign investment, and certain specific types of transactions. Cases involving national security, defense, the oil and gas sector, or other essential requirements must receive written approval from the SBV, which shall be processed within 35 days of the receipt of a complete and valid application.
TRADING STRATEGY
The stock market recorded a slight gain, closing at 1,746.9 points, with liquidity falling below the 20-session average. Market divergence persisted. The VN-Index remained range-bound for most of the trading session, as selling pressure was concentrated primarily in the real estate, financial services, insurance, food and beverage (F&B), technology, and oil and gas sectors. Conversely, buying interest emerged in the utilities (electricity, water, and petroleum/gas), construction and materials, and industrial goods and services sectors, helping to support the broader index. Foreign investors’ buying and selling activity remained balanced. Cash flow showed signs of slowing down within the small- and mid-cap segments; meanwhile, large-cap stocks continued to take turns leading the market and providing support to the index. It is highly likely that the VN-Index will continue to experience alternating gains and losses in the coming sessions, allowing supply and demand to stabilize and reinforcing the upward momentum toward the resistance zone of 1,760–1,780 points.
Today, the VN-Index is expected to fluctuate within the 1,735–1,765 point range. Investors should continue to closely monitor market developments and may consider increasing their equity exposure—assessing individual stocks based on their specific characteristics—within the context of their short-, medium-, and long-term investment portfolios, as positive signals continue to strengthen.
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