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Featured news

Derivatives 2026/07/03: Improved liquidity

Derivatives 2026/07/03: Improved liquidity

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 3, 2026

Market commentary 2026/07/02: Positive momentum continued

Market commentary 2026/07/02: Positive momentum continued

The market posted its second consecutive gain, suggesting that buying demand is gradually improving after a period of cautious trading. This performance also indicates improving investor sentiment and reinforces expectations that the market may continue its recovery in the sessions ahead.

July 2, 2026

Derivatives 2026/07/02: A positive signal emerges

Derivatives 2026/07/02: A positive signal emerges

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 2, 2026

Market commentary 2026/07/01: Demand emerged

Market commentary 2026/07/01: Demand emerged

The market ended higher with a modest improvement in liquidity, although trading activity remained at relatively low levels. Meanwhile, selling pressure persisted throughout the session, suggesting that investors remain cautious and that the current recovery still requires further confirmation

July 1, 2026

Derivatives 2026/07/01: Caution prevails

Derivatives 2026/07/01: Caution prevails

The uptrend remains confirmed in the short term, but the risk of a reversal may be increasing. As such, traders should monitor for further confirming signals before reopening new positions.

July 1, 2026

Market commentary 2026/06/30: Selling pressure persists

Market commentary 2026/06/30: Selling pressure persists

The market ended lower while liquidity remained subdued. The lack of a meaningful improvement in capital flows suggests that buying demand is still on the sidelines. As a result, the market is likely to remain in a period of consolidation and choppy trading in the near term before a clearer directional signal emerges.

June 30, 2026

Derivatives 2026/06/30: Liquidity at low levels

Derivatives 2026/06/30: Liquidity at low levels

The uptrend has been confirmed in the short term. As such, traders may consider maintaining their long positions.

June 30, 2026

Covered warrant 2026/06/30: Cash flow improved

Covered warrant 2026/06/30: Cash flow improved

During the week, the covered warrant market continued to show signs of improvement as the number of advancing warrants increased, while the number of declining warrants narrowed compared with the previous week, although decliners still outnumbered gainers. Meanwhile, the underlying equity market remained relatively cautious, with liquidity staying at low levels, indicating that market-wide capital inflows have yet to fully recover.

June 30, 2026

Market Traders 2026/06/30: Foreign selling pressure eased significantly

Market Traders 2026/06/30: Foreign selling pressure eased significantly

By investor group, trading activity among domestic retail investors increased by 4.2% WoW, while domestic institutional investors recorded a 12.0% decline.

June 30, 2026

26W26: SBV shifts to net injection to ease liquidity pressure

26W26: SBV shifts to net injection to ease liquidity pressure

In 26W26, the SBV returned to net liquidity injection after three consecutive weeks of withdrawal to ease liquidity pressures in the banking system. Concurrently, interbank rates diverged across tenors as a sharp decline in the overnight segment contrasted with longer tenors moving higher, indicating that liquidity pressure has merely shifted to the following week rather than being fully resolved. In the FX market, USDVND decreased despite a significant global greenback rebound driven by the Fed’s hawkish outlook, supported by a pause in domestic equity selling pressures as foreign net outflows became insignificant.

June 29, 2026

Chart of the day 2026/06/29: Uptrend confirmed

Chart of the day 2026/06/29: Uptrend confirmed

The uptrend has been confirmed by the breakout signals seen last week. As such, investors may consider reopening new positions at a reasonable allocation level.

June 29, 2026

Market commentary 2026/06/29: Divergent market performance

Market commentary 2026/06/29: Divergent market performance

Although the market ended higher, liquidity remained subdued, signaling that capital flows are still cautious. At the same time, selling pressure persisted throughout the session, suggesting that the current rebound has yet to gain broad market confirmation.

June 29, 2026

Derivatives 2026/06/29: Support around the MA50

Derivatives 2026/06/29: Support around the MA50

The uptrend has been confirmed in the short term. As such, investors may consider maintaining their long positions.

June 29, 2026

Market commentary 2026/06/26: Selling pressure returns

Market commentary 2026/06/26: Selling pressure returns

The market ended lower while liquidity declined sharply, indicating that investor caution continues to dominate sentiment. This development also suggests that investors remain in a wait-and-see mode and implies that the market may continue to trade in a choppy range in the near term, as no sufficiently strong catalyst has yet emerged to alter the current trend.

June 26, 2026

Derivatives 2026/06/26: Consolidation phase

Derivatives 2026/06/26: Consolidation phase

The uptrend has been confirmed in the short term, supported by rising trading volume. Therefore, traders may consider maintaining their Long positions.

June 26, 2026

Market commentary 2026/06/25: Green momentum sustained

Market commentary 2026/06/25: Green momentum sustained

Although the market extended its gains, liquidity declined compared to the previous session, suggesting that the upward move has yet to receive broad confirmation from capital flows. This reflects continued investor caution and indicates that the current uptrend may require additional time before being firmly established.

June 25, 2026

Derivatives 2026/06/25: Uptrend returns

Derivatives 2026/06/25: Uptrend returns

The short-term uptrend has been confirmed, supported by rising trading volume. As such, traders may consider reopening long positions in the next session.

June 25, 2026

Derivatives 2026/06/24: Positive momentum holds

Derivatives 2026/06/24: Positive momentum holds

The short-term uptrend has been confirmed by signals on the contract's price action. As such, traders may consider reopening long positions with a moderately low position size.

June 24, 2026

Market commentary 2026/06/24: Foreigners returned to net buying

Market commentary 2026/06/24: Foreigners returned to net buying

The market recorded its second consecutive gain alongside an improvement in liquidity, suggesting that capital flows are gradually returning. However, the rally lost momentum toward the end of the session as profit-taking pressure emerged, significantly narrowing the index's gains. This development reflects continued investor caution and suggests that the market may experience further bouts of volatility in the near term.

June 24, 2026

Market commentary 2026/06/23: Green start to the week

Market commentary 2026/06/23: Green start to the week

Although the market posted a strong gain, most of the index's advance was driven by Vingroup-related stocks. Meanwhile, liquidity continued to decline, indicating that investor caution remains present. Therefore, investors should wait for additional signals from the market before drawing firmer conclusions about the market's direction.

June 23, 2026

Featured promotions

Derivatives 2026/07/03: Improved liquidity

Derivatives 2026/07/03: Improved liquidity

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 3, 2026

Market commentary 2026/07/02: Positive momentum continued

Market commentary 2026/07/02: Positive momentum continued

The market posted its second consecutive gain, suggesting that buying demand is gradually improving after a period of cautious trading. This performance also indicates improving investor sentiment and reinforces expectations that the market may continue its recovery in the sessions ahead.

July 2, 2026

Derivatives 2026/07/02: A positive signal emerges

Derivatives 2026/07/02: A positive signal emerges

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 2, 2026

Market commentary 2026/07/01: Demand emerged

Market commentary 2026/07/01: Demand emerged

The market ended higher with a modest improvement in liquidity, although trading activity remained at relatively low levels. Meanwhile, selling pressure persisted throughout the session, suggesting that investors remain cautious and that the current recovery still requires further confirmation

July 1, 2026

Derivatives 2026/07/01: Caution prevails

Derivatives 2026/07/01: Caution prevails

The uptrend remains confirmed in the short term, but the risk of a reversal may be increasing. As such, traders should monitor for further confirming signals before reopening new positions.

July 1, 2026

Market commentary 2026/06/30: Selling pressure persists

Market commentary 2026/06/30: Selling pressure persists

The market ended lower while liquidity remained subdued. The lack of a meaningful improvement in capital flows suggests that buying demand is still on the sidelines. As a result, the market is likely to remain in a period of consolidation and choppy trading in the near term before a clearer directional signal emerges.

June 30, 2026

Derivatives 2026/06/30: Liquidity at low levels

Derivatives 2026/06/30: Liquidity at low levels

The uptrend has been confirmed in the short term. As such, traders may consider maintaining their long positions.

June 30, 2026

Covered warrant 2026/06/30: Cash flow improved

Covered warrant 2026/06/30: Cash flow improved

During the week, the covered warrant market continued to show signs of improvement as the number of advancing warrants increased, while the number of declining warrants narrowed compared with the previous week, although decliners still outnumbered gainers. Meanwhile, the underlying equity market remained relatively cautious, with liquidity staying at low levels, indicating that market-wide capital inflows have yet to fully recover.

June 30, 2026

Market Traders 2026/06/30: Foreign selling pressure eased significantly

Market Traders 2026/06/30: Foreign selling pressure eased significantly

By investor group, trading activity among domestic retail investors increased by 4.2% WoW, while domestic institutional investors recorded a 12.0% decline.

June 30, 2026

26W26: SBV shifts to net injection to ease liquidity pressure

26W26: SBV shifts to net injection to ease liquidity pressure

In 26W26, the SBV returned to net liquidity injection after three consecutive weeks of withdrawal to ease liquidity pressures in the banking system. Concurrently, interbank rates diverged across tenors as a sharp decline in the overnight segment contrasted with longer tenors moving higher, indicating that liquidity pressure has merely shifted to the following week rather than being fully resolved. In the FX market, USDVND decreased despite a significant global greenback rebound driven by the Fed’s hawkish outlook, supported by a pause in domestic equity selling pressures as foreign net outflows became insignificant.

June 29, 2026

Chart of the day 2026/06/29: Uptrend confirmed

Chart of the day 2026/06/29: Uptrend confirmed

The uptrend has been confirmed by the breakout signals seen last week. As such, investors may consider reopening new positions at a reasonable allocation level.

June 29, 2026

Market commentary 2026/06/29: Divergent market performance

Market commentary 2026/06/29: Divergent market performance

Although the market ended higher, liquidity remained subdued, signaling that capital flows are still cautious. At the same time, selling pressure persisted throughout the session, suggesting that the current rebound has yet to gain broad market confirmation.

June 29, 2026

Derivatives 2026/06/29: Support around the MA50

Derivatives 2026/06/29: Support around the MA50

The uptrend has been confirmed in the short term. As such, investors may consider maintaining their long positions.

June 29, 2026

Market commentary 2026/06/26: Selling pressure returns

Market commentary 2026/06/26: Selling pressure returns

The market ended lower while liquidity declined sharply, indicating that investor caution continues to dominate sentiment. This development also suggests that investors remain in a wait-and-see mode and implies that the market may continue to trade in a choppy range in the near term, as no sufficiently strong catalyst has yet emerged to alter the current trend.

June 26, 2026

Derivatives 2026/06/26: Consolidation phase

Derivatives 2026/06/26: Consolidation phase

The uptrend has been confirmed in the short term, supported by rising trading volume. Therefore, traders may consider maintaining their Long positions.

June 26, 2026

Market commentary 2026/06/25: Green momentum sustained

Market commentary 2026/06/25: Green momentum sustained

Although the market extended its gains, liquidity declined compared to the previous session, suggesting that the upward move has yet to receive broad confirmation from capital flows. This reflects continued investor caution and indicates that the current uptrend may require additional time before being firmly established.

June 25, 2026

Derivatives 2026/06/25: Uptrend returns

Derivatives 2026/06/25: Uptrend returns

The short-term uptrend has been confirmed, supported by rising trading volume. As such, traders may consider reopening long positions in the next session.

June 25, 2026

Derivatives 2026/06/24: Positive momentum holds

Derivatives 2026/06/24: Positive momentum holds

The short-term uptrend has been confirmed by signals on the contract's price action. As such, traders may consider reopening long positions with a moderately low position size.

June 24, 2026

Market commentary 2026/06/24: Foreigners returned to net buying

Market commentary 2026/06/24: Foreigners returned to net buying

The market recorded its second consecutive gain alongside an improvement in liquidity, suggesting that capital flows are gradually returning. However, the rally lost momentum toward the end of the session as profit-taking pressure emerged, significantly narrowing the index's gains. This development reflects continued investor caution and suggests that the market may experience further bouts of volatility in the near term.

June 24, 2026

Market commentary 2026/06/23: Green start to the week

Market commentary 2026/06/23: Green start to the week

Although the market posted a strong gain, most of the index's advance was driven by Vingroup-related stocks. Meanwhile, liquidity continued to decline, indicating that investor caution remains present. Therefore, investors should wait for additional signals from the market before drawing firmer conclusions about the market's direction.

June 23, 2026

Featured news

Derivatives 2026/07/03: Improved liquidity

Derivatives 2026/07/03: Improved liquidity

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 3, 2026

Market commentary 2026/07/02: Positive momentum continued

Market commentary 2026/07/02: Positive momentum continued

The market posted its second consecutive gain, suggesting that buying demand is gradually improving after a period of cautious trading. This performance also indicates improving investor sentiment and reinforces expectations that the market may continue its recovery in the sessions ahead.

July 2, 2026

Derivatives 2026/07/02: A positive signal emerges

Derivatives 2026/07/02: A positive signal emerges

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 2, 2026

Market commentary 2026/07/01: Demand emerged

Market commentary 2026/07/01: Demand emerged

The market ended higher with a modest improvement in liquidity, although trading activity remained at relatively low levels. Meanwhile, selling pressure persisted throughout the session, suggesting that investors remain cautious and that the current recovery still requires further confirmation

July 1, 2026

Derivatives 2026/07/01: Caution prevails

Derivatives 2026/07/01: Caution prevails

The uptrend remains confirmed in the short term, but the risk of a reversal may be increasing. As such, traders should monitor for further confirming signals before reopening new positions.

July 1, 2026

Market commentary 2026/06/30: Selling pressure persists

Market commentary 2026/06/30: Selling pressure persists

The market ended lower while liquidity remained subdued. The lack of a meaningful improvement in capital flows suggests that buying demand is still on the sidelines. As a result, the market is likely to remain in a period of consolidation and choppy trading in the near term before a clearer directional signal emerges.

June 30, 2026

Derivatives 2026/06/30: Liquidity at low levels

Derivatives 2026/06/30: Liquidity at low levels

The uptrend has been confirmed in the short term. As such, traders may consider maintaining their long positions.

June 30, 2026

Covered warrant 2026/06/30: Cash flow improved

Covered warrant 2026/06/30: Cash flow improved

During the week, the covered warrant market continued to show signs of improvement as the number of advancing warrants increased, while the number of declining warrants narrowed compared with the previous week, although decliners still outnumbered gainers. Meanwhile, the underlying equity market remained relatively cautious, with liquidity staying at low levels, indicating that market-wide capital inflows have yet to fully recover.

June 30, 2026

Market Traders 2026/06/30: Foreign selling pressure eased significantly

Market Traders 2026/06/30: Foreign selling pressure eased significantly

By investor group, trading activity among domestic retail investors increased by 4.2% WoW, while domestic institutional investors recorded a 12.0% decline.

June 30, 2026

26W26: SBV shifts to net injection to ease liquidity pressure

26W26: SBV shifts to net injection to ease liquidity pressure

In 26W26, the SBV returned to net liquidity injection after three consecutive weeks of withdrawal to ease liquidity pressures in the banking system. Concurrently, interbank rates diverged across tenors as a sharp decline in the overnight segment contrasted with longer tenors moving higher, indicating that liquidity pressure has merely shifted to the following week rather than being fully resolved. In the FX market, USDVND decreased despite a significant global greenback rebound driven by the Fed’s hawkish outlook, supported by a pause in domestic equity selling pressures as foreign net outflows became insignificant.

June 29, 2026

Chart of the day 2026/06/29: Uptrend confirmed

Chart of the day 2026/06/29: Uptrend confirmed

The uptrend has been confirmed by the breakout signals seen last week. As such, investors may consider reopening new positions at a reasonable allocation level.

June 29, 2026

Market commentary 2026/06/29: Divergent market performance

Market commentary 2026/06/29: Divergent market performance

Although the market ended higher, liquidity remained subdued, signaling that capital flows are still cautious. At the same time, selling pressure persisted throughout the session, suggesting that the current rebound has yet to gain broad market confirmation.

June 29, 2026

Derivatives 2026/06/29: Support around the MA50

Derivatives 2026/06/29: Support around the MA50

The uptrend has been confirmed in the short term. As such, investors may consider maintaining their long positions.

June 29, 2026

Market commentary 2026/06/26: Selling pressure returns

Market commentary 2026/06/26: Selling pressure returns

The market ended lower while liquidity declined sharply, indicating that investor caution continues to dominate sentiment. This development also suggests that investors remain in a wait-and-see mode and implies that the market may continue to trade in a choppy range in the near term, as no sufficiently strong catalyst has yet emerged to alter the current trend.

June 26, 2026

Derivatives 2026/06/26: Consolidation phase

Derivatives 2026/06/26: Consolidation phase

The uptrend has been confirmed in the short term, supported by rising trading volume. Therefore, traders may consider maintaining their Long positions.

June 26, 2026

Market commentary 2026/06/25: Green momentum sustained

Market commentary 2026/06/25: Green momentum sustained

Although the market extended its gains, liquidity declined compared to the previous session, suggesting that the upward move has yet to receive broad confirmation from capital flows. This reflects continued investor caution and indicates that the current uptrend may require additional time before being firmly established.

June 25, 2026

Derivatives 2026/06/25: Uptrend returns

Derivatives 2026/06/25: Uptrend returns

The short-term uptrend has been confirmed, supported by rising trading volume. As such, traders may consider reopening long positions in the next session.

June 25, 2026

Derivatives 2026/06/24: Positive momentum holds

Derivatives 2026/06/24: Positive momentum holds

The short-term uptrend has been confirmed by signals on the contract's price action. As such, traders may consider reopening long positions with a moderately low position size.

June 24, 2026

Market commentary 2026/06/24: Foreigners returned to net buying

Market commentary 2026/06/24: Foreigners returned to net buying

The market recorded its second consecutive gain alongside an improvement in liquidity, suggesting that capital flows are gradually returning. However, the rally lost momentum toward the end of the session as profit-taking pressure emerged, significantly narrowing the index's gains. This development reflects continued investor caution and suggests that the market may experience further bouts of volatility in the near term.

June 24, 2026

Market commentary 2026/06/23: Green start to the week

Market commentary 2026/06/23: Green start to the week

Although the market posted a strong gain, most of the index's advance was driven by Vingroup-related stocks. Meanwhile, liquidity continued to decline, indicating that investor caution remains present. Therefore, investors should wait for additional signals from the market before drawing firmer conclusions about the market's direction.

June 23, 2026

Featured promotions

Derivatives 2026/07/03: Improved liquidity

Derivatives 2026/07/03: Improved liquidity

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 3, 2026

Market commentary 2026/07/02: Positive momentum continued

Market commentary 2026/07/02: Positive momentum continued

The market posted its second consecutive gain, suggesting that buying demand is gradually improving after a period of cautious trading. This performance also indicates improving investor sentiment and reinforces expectations that the market may continue its recovery in the sessions ahead.

July 2, 2026

Derivatives 2026/07/02: A positive signal emerges

Derivatives 2026/07/02: A positive signal emerges

The uptrend remains confirmed in the short term, supported by improved liquidity. Accordingly, traders may consider reopening long positions.

July 2, 2026

Market commentary 2026/07/01: Demand emerged

Market commentary 2026/07/01: Demand emerged

The market ended higher with a modest improvement in liquidity, although trading activity remained at relatively low levels. Meanwhile, selling pressure persisted throughout the session, suggesting that investors remain cautious and that the current recovery still requires further confirmation

July 1, 2026

Derivatives 2026/07/01: Caution prevails

Derivatives 2026/07/01: Caution prevails

The uptrend remains confirmed in the short term, but the risk of a reversal may be increasing. As such, traders should monitor for further confirming signals before reopening new positions.

July 1, 2026

Market commentary 2026/06/30: Selling pressure persists

Market commentary 2026/06/30: Selling pressure persists

The market ended lower while liquidity remained subdued. The lack of a meaningful improvement in capital flows suggests that buying demand is still on the sidelines. As a result, the market is likely to remain in a period of consolidation and choppy trading in the near term before a clearer directional signal emerges.

June 30, 2026

Derivatives 2026/06/30: Liquidity at low levels

Derivatives 2026/06/30: Liquidity at low levels

The uptrend has been confirmed in the short term. As such, traders may consider maintaining their long positions.

June 30, 2026

Covered warrant 2026/06/30: Cash flow improved

Covered warrant 2026/06/30: Cash flow improved

During the week, the covered warrant market continued to show signs of improvement as the number of advancing warrants increased, while the number of declining warrants narrowed compared with the previous week, although decliners still outnumbered gainers. Meanwhile, the underlying equity market remained relatively cautious, with liquidity staying at low levels, indicating that market-wide capital inflows have yet to fully recover.

June 30, 2026

Market Traders 2026/06/30: Foreign selling pressure eased significantly

Market Traders 2026/06/30: Foreign selling pressure eased significantly

By investor group, trading activity among domestic retail investors increased by 4.2% WoW, while domestic institutional investors recorded a 12.0% decline.

June 30, 2026

26W26: SBV shifts to net injection to ease liquidity pressure

26W26: SBV shifts to net injection to ease liquidity pressure

In 26W26, the SBV returned to net liquidity injection after three consecutive weeks of withdrawal to ease liquidity pressures in the banking system. Concurrently, interbank rates diverged across tenors as a sharp decline in the overnight segment contrasted with longer tenors moving higher, indicating that liquidity pressure has merely shifted to the following week rather than being fully resolved. In the FX market, USDVND decreased despite a significant global greenback rebound driven by the Fed’s hawkish outlook, supported by a pause in domestic equity selling pressures as foreign net outflows became insignificant.

June 29, 2026

Chart of the day 2026/06/29: Uptrend confirmed

Chart of the day 2026/06/29: Uptrend confirmed

The uptrend has been confirmed by the breakout signals seen last week. As such, investors may consider reopening new positions at a reasonable allocation level.

June 29, 2026

Market commentary 2026/06/29: Divergent market performance

Market commentary 2026/06/29: Divergent market performance

Although the market ended higher, liquidity remained subdued, signaling that capital flows are still cautious. At the same time, selling pressure persisted throughout the session, suggesting that the current rebound has yet to gain broad market confirmation.

June 29, 2026

Derivatives 2026/06/29: Support around the MA50

Derivatives 2026/06/29: Support around the MA50

The uptrend has been confirmed in the short term. As such, investors may consider maintaining their long positions.

June 29, 2026

Market commentary 2026/06/26: Selling pressure returns

Market commentary 2026/06/26: Selling pressure returns

The market ended lower while liquidity declined sharply, indicating that investor caution continues to dominate sentiment. This development also suggests that investors remain in a wait-and-see mode and implies that the market may continue to trade in a choppy range in the near term, as no sufficiently strong catalyst has yet emerged to alter the current trend.

June 26, 2026

Derivatives 2026/06/26: Consolidation phase

Derivatives 2026/06/26: Consolidation phase

The uptrend has been confirmed in the short term, supported by rising trading volume. Therefore, traders may consider maintaining their Long positions.

June 26, 2026

Market commentary 2026/06/25: Green momentum sustained

Market commentary 2026/06/25: Green momentum sustained

Although the market extended its gains, liquidity declined compared to the previous session, suggesting that the upward move has yet to receive broad confirmation from capital flows. This reflects continued investor caution and indicates that the current uptrend may require additional time before being firmly established.

June 25, 2026

Derivatives 2026/06/25: Uptrend returns

Derivatives 2026/06/25: Uptrend returns

The short-term uptrend has been confirmed, supported by rising trading volume. As such, traders may consider reopening long positions in the next session.

June 25, 2026

Derivatives 2026/06/24: Positive momentum holds

Derivatives 2026/06/24: Positive momentum holds

The short-term uptrend has been confirmed by signals on the contract's price action. As such, traders may consider reopening long positions with a moderately low position size.

June 24, 2026

Market commentary 2026/06/24: Foreigners returned to net buying

Market commentary 2026/06/24: Foreigners returned to net buying

The market recorded its second consecutive gain alongside an improvement in liquidity, suggesting that capital flows are gradually returning. However, the rally lost momentum toward the end of the session as profit-taking pressure emerged, significantly narrowing the index's gains. This development reflects continued investor caution and suggests that the market may experience further bouts of volatility in the near term.

June 24, 2026

Market commentary 2026/06/23: Green start to the week

Market commentary 2026/06/23: Green start to the week

Although the market posted a strong gain, most of the index's advance was driven by Vingroup-related stocks. Meanwhile, liquidity continued to decline, indicating that investor caution remains present. Therefore, investors should wait for additional signals from the market before drawing firmer conclusions about the market's direction.

June 23, 2026

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ETF review: Local ETFs buy GMD and MCH the most
ETF review: Local ETFs buy GMD and MCH the mostHoSE announced the new constituents of the VN30 Index and VNFIN LEAD Index in 3Q26. Accordingly, the VN30 Index will remove PLX and TPB and add MCH and TCX. Additionally, the VNFIN LEAD will include VCK and TCX and remove LPB. In this quarterly review, the VNDiamond Index rebalances its weights according to the new free-float rate, shares outstanding, and price. The new weights will be effective on 3 Aug 2026. Based on data as of 20 Jul 2026, we expect local ETFs to buy GMD, MCH, and HDB the most, with volumes of 3.5 million shares, 2.5 million shares, and 2.2 million shares, respectively. On the sell side, TPB, TCB, and PNJ are expected to be heavily sold, with 7.5 million shares, 6.1 million shares, and 6.1 million shares, respectively. PDFVN30_Index_ETF_En_POST_202607
July 22, 2026
ETF review: MCH and TCX added to the VN30Index
ETF review: MCH and TCX added to the VN30IndexIn the 3Q26 review of the VN30Index, we expect PLX and TPB to be removed from the index's constituent list, as their market capitalization no longer ranks among the 30 eligible stocks. In their place, MCH and TCX will be added.PDFVN30Index_ETF_En_PRE_202607
July 9, 2026
Strategic Insight - 07/2026: Attractive valuation, awaiting  the upgrade
Strategic Insight - 07/2026: Attractive valuation, awaiting the upgradeWe believe the market's long-term growth potential remains considerable, as the economy continues to sustain its recovery momentum in the face of external pressures. In addition, market valuations remain attractive, with more than 70% of stocks currently undervalued.PDFKIS_Monthly_strategy_2026.07.07_EN
July 7, 2026
Strategic Insight - 06/2026: Attractive market valuation
Strategic Insight - 06/2026: Attractive market valuationThe stock market may experience significant short-term volatility as investors grow concerned over inflation and high oil prices. Nevertheless, we believe the current market is undervalued, with 76% of stocks trading below their fair value, while the economy maintains its recovery trajectory despite external headwinds.PDFKIS_Monthly_strategy_2026.06.09_EN
June 9, 2026
Strategic Insight: The start of a new uptrend
Strategic Insight: The start of a new uptrendDespite the VN-Index approaching its all-time high, the Vietnamese stock market remains undervalued relative to corporate earnings growth and macroeconomic expansion. We therefore believe the market will sustain the upward momentum that began in March 2026, with this trend expected to extend at least through September 2026.PDFKIS_Monthly_strategy_2026.05.12_EN
May 12, 2026
Strategic Insight: Focus on the long-term bullish outlook
Strategic Insight: Focus on the long-term bullish outlookThe stock market faces significant short-term pressure as rising oil prices create inflationary pressure and slow economic growth. However, market valuations have become attractive, with over 75% of tracked stocks at undervaluation and the economy's long-term recovery.PDFKIS_Monthly_strategy_2026.04.07_EN
April 7, 2026
Strategic Insight: Wait for signals from global markets
Strategic Insight: Wait for signals from global marketsWe believe the upward trend will quickly resume, driven by expectations that the conflict in the Middle East will come to a swift conclusion. Additionally, the sharp correction seen during the first trading week of March has made market valuations more attractive, as the number of undervalued stocks has increased.PDFKIS_Monthly_strategy_2026.03.06_EN
March 6, 2026
Strategic Insight: Attractive market valuation
Strategic Insight: Attractive market valuationAfter a correction period in late January 2026, market valuations became attractive, with approximately 63% of valued stocks trading at undervaluations. Therefore, we believe the market will quickly recover in the coming period.PDFKIS_Monthly_strategy_2026.02.12
February 14, 2026
Strategic Insight: A new growth phase?
Strategic Insight: A new growth phase?The market's upward trend will be supported by strong improvements in fundamentals. Therefore, we believe the current uptrend will continue until February, after which the market will undergo a correction before it forms a new growth trend in the second half of 2026.PDFKIS_Monthly_strategy_2026.01.14
January 14, 2026
Outlook 2026: Pressure Makes Diamonds
Outlook 2026: Pressure Makes DiamondsWe forecast Vietnam’s real GDP to grow by 9.0% in 2026, underpinned by an ambitious government agenda aimed at positioning the year as a critical breakthrough in the country’s development trajectory. A key pillar of this strategy is the acceleration of public investment, particularly in large-scale infrastructure projects, which is expected to alleviate structural bottlenecks, improve connectivity, and crowd in private-sector participation. Beyond public investment, domestic demand is likely to remain a stable growth anchor, mainly driven by supportive fiscal policies. At the same time, we expect export performance to remain resilient, supported by Vietnam’s proven comparative advantages amid the turbulence caused by reciprocal tariffs. Taken together, these factors should drive a broad-based acceleration in economic activity across key sectors, setting a solid foundation for the opening year of the country’s so-called ‘National Rise’ era.PDF2026_KIS-Research_Outlook
December 24, 2025