Analysis Center
20
October
SBV backs to injection as liquidity demand rises
This week, the SBV returned to net liquidity injection as liquidity demand in the banking system picked up, while USDVND remained broadly stable. The interbank curve flattened as short-term rates...
20
October
Covered warrant: Cautious sentiment
The covered warrant market maintained robust liquidity during the week, suggesting that capital inflows remain active. However, the price performance was somewhat negative, as the majority of CWs posted declines...
20
October
Market commentary: Correction session
The market experienced a sharp decline, reflecting profit-taking sentiment after a strong rally in previous sessions. However, the medium-term uptrend remains intact, as the index continues to trade above key...
20
October
Chart of the day: A sell signal?
The market may enter a short-term consolidation phase, but the broader uptrend remains intact. Therefore, investors should closely monitor the market and wait for a clear reversal signal before opening...
20
October
Derivatives: Sharp decline
With this correction, the risk of a short-term pullback has increased significantly. Therefore, traders should remain cautious and closely monitor market movements before reopening new positions.
17
October
Derivatives: Continued caution
Although the market displayed caution, the short-term uptrend remains intact. Therefore, traders may consider reopening long positions and taking advantage of intraday pullbacks to optimize profits.
17
October
Market commentary: Green returns
The market recorded a rebound despite slightly lower liquidity, reflecting investors’ caution amid derivatives contract expiration day. Nevertheless, the uptrend remains dominant, and investors may consider opening partial positions within...
16
October
FX pressures to subside toward year-end
Since the beginning of 2025, the Vietnamese dong has depreciated by approximately 3.5%, reflecting heightened exchange rate pressures following the return of President Trump and the ensuing global trade tensions....
16
October
Aviation – In-depth – [NEUTRAL] – Hold altitude
From 2026F onward, Vietnam’s aviation industry will enter a new growth cycle. In the long term, the industry’s outlook will be heavily influenced by the development of the high-speed railway,...
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
