Daily update 28/10/2026

We expect the VN-Index to trade within the 1,765–1,785 range in the near term. However, investors should be mindful of a potential pullback driven by Vingroup stocks. Memory prices remain elevated despite weakening PC demand, while ICT retailers’ inventory cost advantage is unlikely to persist into 2027. As the benefit from lower-cost electronics inventories fades, Dien May Xanh’s gross margin is forecast to decline to 19.0% in 2027. 2027.