HIGHLIGHTED NEWS
According to data from the Vietnam Securities Depository and Clearing Corporation (VSDC), investors opened 190,852 new accounts in May — slightly lower than in April but still among the highest monthly figures for new account openings. Currently, there are approximately 10.07 million securities accounts in the country, with domestic individual investors accounting for 99.33% of the total. On average, 1 out of every 10 citizens is a stock market investor. Under the government’s stock market development plan, the market is targeting 11 million securities accounts by 2030.
The U.S. Department of Commerce (DOC) has just announced preliminary results of the 19th administrative review (POR19) regarding the anti-dumping duty order on frozen warmwater shrimp imported from Vietnam. The DOC has decided to impose a 35.29% anti-dumping duty on 23 Vietnamese shrimp exporters. The Vietnam Association of Seafood Exporters and Producers (VASEP) believes this result may stem from technical errors or data inaccuracies. VASEP has called on the DOC to review the entire dataset and calculation methodology to ensure objectivity, fairness, and consistency with previous review practices. VASEP remains confident that the final results, expected to be announced in December 2025, will accurately reflect reality and that the duties will be adjusted to a more reasonable level.
TRADING STRATEGY
The stock market closed in negative territory at 1,329 points, with improved liquidity compared to the previous session, reaching around the weekly average. Selling pressure increased in key sectors including financials, technology, retail, chemicals, construction, and materials. On the other hand, stocks in the oil & gas and basic resources sectors provided positive support to the overall index. Today, the VN-Index is likely to fluctuate within the 1,325–1,335 point range.
Overall sentiment has become more cautious as the market lacks strong leadership from major sectors, leading to a rising trend of selling pressure in recent sessions. Capital flow is rotating mainly into selective individual stocks, supported by either macro news or positive company-specific developments. In the short term, the market is expected to continue trading within a narrow range. However, if caution persists and capital flow does not improve — particularly in key leadership stocks — the VN-Index could see some volatility and cooling-off, helping to rebalance supply and demand and establish a more stable price base. Therefore, at this stage, investors should maintain a fundamentally driven approach, focusing on stock selection based on earnings outlook or attractive valuations. It is advisable to manage positions individually and avoid being overly influenced by short-term index movements.
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