Strategic Report
24
December
Outlook 2026: Pressure Makes Diamonds
We 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...
08
December
Strategic Insight: Bullish outlook through February
Vietnam's stock market demonstrates strong recovery potential supported by ambitious 10% GDP growth targets and robust infrastructure investment. Moreover, historical patterns show January-February delivers the year's highest returns with 70%...
11
November
Strategic Insight: Awaiting an upward trend
The economy recorded strong growth, supported by positive macroeconomic indicators in October. Therefore, we expect the stock market to enter a short-term recovery phase after forming a sub-cycle bottom in...
10
October
Strategic Insight: A new bullish phase
Vietnam’s economy grew 8.23% YoY in 3Q25, exceeding expectations thanks to strong exports, consumption, and public investment. Industrial and construction activities led the recovery, and growth momentum is expected to...
26
September
Strategic Insight: Final destination of the journey?
We believe that Vietnam’s stock market will be upgraded to Secondary Emerging Market status by FTSE Russell, with the official announcement expected on Oct 7, 2025. Moreover, Vietnamese stocks could...
10
September
Strategic Insight: Wait for a new entry point?
The strong uptrend since April 2025 has made market valuations less attractive. Therefore, we believe the market may face a correction over the next one to two months before entering...
09
August
Strategic Insight: Uptrend remains intact
Vietnam faces near-term export pressure from the U.S.’s 20% retaliatory tariff but retains a long-term advantage over India and China, potentially boosting market share and FDI. Domestically, strong liquidity sustains...
16
July
Strategic Insight: Growth driven by domestic factors
Retaliatory tariffs may significantly affect Vietnam’s export activities. However, with expansionary fiscal and monetary policies in place, the negative impact is likely to be limited. In addition, given the unique...
13
June
Strategy Monthly: Expectation for the long-term trend
The market’s upward trend is likely to remain intact, supported by the ongoing economic recovery driven by internal fundamentals. In addition, based on cycle analysis, the market may continue to...
Featured Analysis
Covered warrant: Positive developments
Derivatives: All-time high
Market commentary: Year-end breakthrough
Chart of the day: All-time high
Market commentary: Approaching historical peak zone
Derivatives: Tests historical peak
Market commentary: Return to upward trend? week
