HIGHLIGHTED NEWS
Concluding the State visit to China by General Secretary and President To Lam, economic cooperation between Vietnam and China is being fostered in an increasingly deep and harmonious direction, with a focus on developing strategic connectivity and interlinked infrastructure. Accordingly, both sides agreed to jointly promote economic corridors, logistics networks, and especially railway cooperation – an area expected to become a new bright spot, expanding connectivity to Central Asia and Europe. Simultaneously, cooperation is also expanding into many promising fields such as clean energy, high technology, digital economy, and artificial intelligence, contributing to the formation of stable and flexible supply chains. Furthermore, the trade and investment environment is being oriented towards openness and transparency, creating conditions for businesses from both countries to develop together in diverse fields from agriculture and environment to finance and science and technology.
TRADING STRATEGY
The stock market closed slightly lower at the end of the week, retreating to 1,817 points with lower-than-average trading volume. Capital flow improved slightly, led by large-cap stocks. Selling pressure was mainly concentrated in mid- and small-cap stocks. The VN-Index is likely to fluctuate around 1,805-1,830 points today.
The market's upward momentum showed signs of slowing down after five consecutive days of gains. The lack of widespread capital flow, concentrated only in a few large-cap VN30 stocks, led to increased selling pressure from profit-taking and portfolio reduction. This shift in general sentiment can be considered not too unusual, as the VN-Index is approaching the important resistance zone of 1,840-1,860 points, and information related to global geopolitics, whether positive or negative, may not have as significant an impact on the domestic market as in the previous period. Therefore, in the short term, investors should focus more on restructuring their portfolios based on individual stocks rather than overly focusing on the fluctuations of the overall index. Accumulation for medium- to long-term strategic portfolios should be prioritized in stages during dips in the upward trend of stock prices.
Investor can see the full Newsletter below:
