HIGHLIGHTED NEWS
On October 27, the Prime Minister issued Decision 2054/QĐ-TTg, approving a plan to restructure state capital in 21 enterprises for the 2026–2030 period. Under this plan, the state’s ownership stake will remain unchanged in 15 of these enterprises, while the remaining 6 will undergo capital restructuring. Specifically, the state’s direct ownership in Vietnam Airlines—held via the Ministry of Finance—is set to increase from 39.29% to 86.42%. Meanwhile, the state’s ownership stake in VIMC will decrease from 99.47% to 65%, and in GVR from 96.77% to 75%; the stake in VietinBank will rise from 64.46% to 65%. For BIDV and Vietcombank, where state ownership currently stands at 76.73% and 74.80% respectively, the target following the restructuring is to maintain a stake of 65% or higher.
The UK’s Trade Remedies Authority (TRA) has announced preliminary findings from its safeguard investigation into imported PET plastic, concluding that the surge in imports has caused serious injury to the UK’s domestic PET manufacturing industry. The TRA has proposed the implementation of a tariff-rate quota system from December 1, 2026, to May 31, 2027, with an allocation of approximately 2,983 tonnes for Vietnam. Imports exceeding this quota will be subject to an additional safeguard duty of 65%.
TRADING STRATEGY
The stock market saw a slight gain, closing at 1,766.65 points, with liquidity falling below the 20-session average. Market divergence persisted; the VN-Index remained range-bound for most of the session, as selling pressure concentrated primarily on stocks in the real estate, financial services, insurance, technology, and oil and gas sectors. Conversely, buying interest emerged in the banking, retail, personal and household goods, food and beverage (F&B), and industrial goods and services sectors, helping to support the broader index. Foreign investors reduced the scale of their net selling. A cautious sentiment, combined with weakening cash flow, kept the VN-Index moving sideways within a narrow range around the 1,760–1,780 resistance zone. While profit-taking pressure intensified among small- and mid-cap stocks, capital within the large-cap VN30 group continued to rotate, driving market movement. It is likely that the VN-Index will continue to fluctuate with alternating gains and losses in the coming sessions, allowing supply and demand to stabilize before potentially resuming an upward trend.
Today, the VN-Index is expected to fluctuate within the 1,750–1,780 point range. Short-term investors should closely monitor market developments and maintain a focused portfolio, avoiding overly diversified positions or "chasing" stocks during recovery signals. Meanwhile, medium- and long-term investors may continue to hold stocks with strong business growth prospects for the second half of 2026.
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