HIGHLIGHTED NEWS
In the first half of December, Vietnam's import and export activities continued their positive momentum, reflecting the vibrant pace of trade in the final period of the year. According to the Customs Department, total import and export turnover reached US$42.36 billion in the first half of December, an increase of 10.43%, approximately US$4 billion higher than the first half of November. Of this, export turnover reached US$20.20 billion, an increase of 4.9%, with FDI enterprises contributing US$15.84 billion and the domestic sector contributing US$4.36 billion. Several export items recorded significant increases, including rubber, fruits and vegetables, and textile fibers, while rice decreased sharply by 19% compared to the previous period. On the import side, turnover reached US$22.16 billion, an increase of 16.02%, mainly from the FDI sector with US$15.26 billion. Imports that increased sharply included petroleum products, pharmaceuticals, seafood, and coal. Because import turnover increased faster than export turnover during the period, the trade balance in the first half of December recorded a trade deficit of $1.96 billion.
TRADING STRATEGY
The stock market recovered and closed near the 1,677 point mark with slightly lower liquidity compared to the previous trading session. Capital flow was shifting and showing an improving trend in mid- and small-cap stocks in the industrial, construction, and materials sectors. Meanwhile, downward pressure appeared in stocks in the basic resources, technology, oil and gas, and chemical sectors. The VN-Index is likely to fluctuate around the 1,670-1,685 point range today.
The market fluctuated within a narrow range for the second consecutive session after a positive rebound from around the 1,640 point mark. Capital flow returned to a diversified rotational state, with the focus remaining on fundamentally sound stocks with promising growth prospects or attractive valuations. Overall, although the general index is stagnating, the supply-demand balance remains relatively stable, and active demand is gradually improving. The main trend for the VN-Index remains a recovery towards the 1,700-1,720 point range. Investors should continue to focus their trading, avoid spreading themselves too thin, and prioritize fundamentally sound stocks for medium- to long-term goals.
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