We see limited prospects for a VN-Index recovery and remain cautious on the market outlook for next week. Capital rotation away from large-cap stocks remains a key constraint on the index’s recovery. MBB’s issuance of an additional 200 million... Read more
Pinetree Research expects the VN-Index to decline toward 1,700 in the near term. A reversal in Vingroup stocks, coupled with foreign selling concentrated in FPT, weighed on the index. Vietnam retained the largest country weighting in the main MSCI... Read more
We maintain a neutral stance and keep cautious on the VN-Index’s performance over the coming sessions, as the impact of earlier positive catalysts faded today. The continued rise in US CPI in October strengthens the case for a 25–50... Read more
We turn positive on the VN-Index’s short-term outlook, expecting the index to advance toward its 50-day MA, but maintain a neutral positioning stance until it closes above this level. We forecast KDH’s earnings to decline by 77.5% in 2027,... Read more
VN-Index continued to fall with most sectors performing negatively. SBV to buy spot USD to rebuild FX reserves and inject VND liquidity. DMX’s Oct sales hit a YTD high. Competitive spending to weigh on SAB’s earnings as excise taxes... Read more
VN-Index fell on both domestic and external factors. Most global equity markets dropped sharply in the latest session as tech stocks corrected. In Vietnam, the market structure remains weak, with Banks and Vingroup dragging the index lower. Read more
The Vingroup group returned to support the VN-Index, while earlier leaders slowed. Pinetree Research suggest that investors should stay cautious, as the market may turn volatile in the coming sessions. Fuel prices fell for the third time in November,... Read more
The market rallied strongly on two catalysts: (1) the SBV’s USD swaps to support banking-system liquidity, and (2) the Democrats’ midterm win, which will likely curb President Trump’s adverse policies toward trading partners Read more
VIC replaced the banking sector as the main drag on the VN-Index. Most other sectors rebounded after Vietnam’s October 2026 macroeconomic data were released. Vietnam’s trade deficit narrowed significantly in October, easing pressure on the exchange rate heading into... Read more
Selling pressure in Banks was the main drag on VN-Index. We maintain a cautious short-term view on the index. Domestic energy prices were cut from 1 November, which may ease inflationary pressure in Q4/2026. US equities corrected as Alphabet... Read more
We see limited prospects for a VN-Index recovery and remain cautious on the market outlook for next week. Capital rotation away from large-cap stocks remains a key constraint on the index’s recovery. MBB’s issuance of an additional 200 million... Read more
Pinetree Research expects the VN-Index to decline toward 1,700 in the near term. A reversal in Vingroup stocks, coupled with foreign selling concentrated in FPT, weighed on the index. Vietnam retained the largest country weighting in the main MSCI... Read more
We maintain a neutral stance and keep cautious on the VN-Index’s performance over the coming sessions, as the impact of earlier positive catalysts faded today. The continued rise in US CPI in October strengthens the case for a 25–50... Read more
We turn positive on the VN-Index’s short-term outlook, expecting the index to advance toward its 50-day MA, but maintain a neutral positioning stance until it closes above this level. We forecast KDH’s earnings to decline by 77.5% in 2027,... Read more
VN-Index continued to fall with most sectors performing negatively. SBV to buy spot USD to rebuild FX reserves and inject VND liquidity. DMX’s Oct sales hit a YTD high. Competitive spending to weigh on SAB’s earnings as excise taxes... Read more
VN-Index fell on both domestic and external factors. Most global equity markets dropped sharply in the latest session as tech stocks corrected. In Vietnam, the market structure remains weak, with Banks and Vingroup dragging the index lower. Read more
The Vingroup group returned to support the VN-Index, while earlier leaders slowed. Pinetree Research suggest that investors should stay cautious, as the market may turn volatile in the coming sessions. Fuel prices fell for the third time in November,... Read more
The market rallied strongly on two catalysts: (1) the SBV’s USD swaps to support banking-system liquidity, and (2) the Democrats’ midterm win, which will likely curb President Trump’s adverse policies toward trading partners Read more
VIC replaced the banking sector as the main drag on the VN-Index. Most other sectors rebounded after Vietnam’s October 2026 macroeconomic data were released. Vietnam’s trade deficit narrowed significantly in October, easing pressure on the exchange rate heading into... Read more
Selling pressure in Banks was the main drag on VN-Index. We maintain a cautious short-term view on the index. Domestic energy prices were cut from 1 November, which may ease inflationary pressure in Q4/2026. US equities corrected as Alphabet... Read more
We maintain our view that the market will decline next week with short-term target at 1,715-1,725. Corporate bond issuance value in 9M/2026 rose on the back of real estate, while funding costs remain high. Real estate contributed significantly to... Read more
The VN-Index’s short-term correction may take the index to around 1,715–1,725. We maintain our recommendation to open short positions on VN30 index futures. The Fed held its policy rate in October but is likely to raise it again at... Read more
