HIGHLIGHTED NEWS
In the first 10 months of 2025, Vietnam continued to maintain its position as Singapore’s 10th largest trading partner, with total bilateral trade reaching 33 billion SGD (equivalent to 25.3 billion USD), up 4.2% compared to the whole of 2024. Singapore is currently a net exporter, with a trade surplus with Vietnam of 12.3 billion SGD. However, the majority consists of goods temporarily imported for re-export from third countries through Singapore, with 16.5 billion SGD in temporary imports for re-export accounting for about 72.98% of Singapore’s total export turnover to Vietnam (22.7 billion SGD). In October 2025 alone, Singapore’s total import–export turnover with Vietnam reached 3.9 billion SGD, up 36.8% compared to the same period in 2024, of which Singapore’s exports to Vietnam reached 2.2 billion SGD, up 8.2%, and imports from Vietnam reached 1.7 billion SGD, up 109.3%.
TRADING STRATEGY
The stock market closed near the 1,660-point level with liquidity improving compared to the previous session. Market divergence continued. Selling pressure increased slightly in leading stocks within industrial services, F&B, oil and gas, and chemicals. Meanwhile, capital flows tended to shift toward selective individual stocks in real estate, financials, retail, and basic resources. Today, the VN-Index is likely to fluctuate around the 1,655–1,670-point area.
The market continues its short-term recovery trend even as selling pressure appeared fairly early. Overall sentiment has begun to show signs of improvement, and cash flow remains stable. Large-cap stocks are rotating to support and stabilize the index. Foreign investors reduced their net selling. This is the trading week associated with the November derivatives expiry; therefore, the VN-Index is likely to experience range-bound movements before breaking out of the 1,655–1,665 resistance zone to move toward the psychological range of 1,680–1,700 points. Investors should pay attention to controlling position size and managing portfolios in the short term according to the price movements of individual stocks rather than the overall index. Gradual accumulation for medium- to long-term horizons may be considered at support levels, prioritizing fundamentally strong stocks with good growth potential or currently trading at attractive valuations for the 2025–2026 period.
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