Analysis Center
21
November
Market commentary: Foreign investors turned net buyers again
The market reversed to recover and closed in positive territory; however, liquidity remained at a low level, indicating that cash flow has yet to return strongly and investor sentiment remains...
20
November
GDA – Brief – [NONRATED] – 3Q25 – Domestic market supported earnings
- In 3Q25, GDA recorded the revenue of VND3,680bn, -28.7% yoy. Total sales volume reached 188,848 tonnes, -6% yoy. While selling prices were somewhat less favorable than the previous quarter...
20
November
Market commentary: Selling pressure returned
The market experienced a corrective session accompanied by slightly higher liquidity, indicating stronger selling momentum and heightened investor caution as the index approaches the 50-day moving average. This development also...
20
November
Derivatives: Awaiting the next signal
Despite the correction, the upward trend may continue if liquidity improves in upcoming sessions. Therefore, investors need to exercise caution and observe additional signals before reopening positions.
19
November
VJC – Earnings Review – [HOLD] – 3Q25: Inefficient expansion
3Q25 revenue rose 8% YoY to VND16.9tn, while gross profit (GP) fell 5% YoY to VND2.1tn. Transportation revenue reached VND16.5tn (+9% YoY, table 2). However, GPM narrowed to 10.1% due...
19
November
Derivatives: Uptrend confirmation?
The market confirmed a short-term uptrend, but this signal may reverse soon as trading volume remains at low levels. Therefore, traders should exercise caution and observe additional signals before reopening...
19
November
Market commentary: Sustained demand
The market recorded three consecutive gaining sessions together with improving liquidity, signaling that buying interest is gradually returning and investor sentiment is noticeably improving. This development suggests that capital is...
18
November
Market traders: Proprietary trading returned to net buying
By investor group, both domestic individuals and domestic simultaneously declined, with declines of 16.5% and 14.3%, respectively, from the prior week.
18
November
POW – Earning Review – [HOLD] – 3Q25 – Gross margin widens, profits advance
In 3Q25, revenue recorded VND7,855bn (+30% yoy, -16% qoq) with total electricity production rising 30% yoy, with key drivers coming from the gas-fired and hydropower segments. As a result, gross...
Featured Analysis
SBV continues net liquidity withdrawal
Derivatives: Sell signal
Market commentary: Selling pressure persists
Chart of the day: Short-term peak
DCM – Brief – [NONRATED] – 1Q26 earnings down, IP gross margin improved
Derivatives: Continue to observe
Market commentary: Low liquidity
