HIGHLIGHTED NEWS
Deputy Prime Minister Bùi Thanh Sơn has just signed Decision No. 768/QĐ-TTg dated April 15, 2025, approving the adjusted National Power Development Plan for the period 2021–2030, with a vision to 2050 (Power Plan VIII). According to the adjusted plan, by 2030, the total installed capacity of power plants serving domestic demand is projected to reach 183,291 to 236,363 MW, an increase of about 30–50% compared to the previous plan, and is expected to reach 774,503 to 838,681 MW by 2050. In this structure, renewable energy continues to be prioritized for expansion. For the thermal power segment, LNG power remains a key component in the flexible power mix. A new highlight in the adjusted plan is the orientation toward energy development for export purposes. The revised Power Plan VIII is built on principles such as regional balance, improved feasibility and system safety, serving the goal of sustainable economic growth, and ensuring energy security and national defense in the context of global energy transition.
In light of new U.S. tariff policies, the European Chamber of Commerce in Vietnam (EuroCham) conducted a quick survey with 183 European businesses currently operating in Vietnam. The consolidated report shows that these businesses are facing a high level of uncertainty due to continuously changing tariff conditions. At a recent seminar on the impacts of U.S. tariffs, Mr. Bruno Jaspaert, Chairman of EuroCham, affirmed that the European business community will maintain their operations in Vietnam and will look for ways to adapt in the face of current export-import risks. Additionally, the DEEP C Industrial Zone complex, led by Mr. Jaspaert, is set to implement projects with 24 partners in Vietnam this year, with a total expected investment of USD 1.8 billion.
TRADING STRATEGY
The stock market has rebounded to the 1,217-point mark, although liquidity continued to decline slightly compared to the previous session. Market divergence remains evident. Capital inflows have improved in leading stocks of the real estate sector, as well as selected stocks in services, basic resources, and chemicals. Today, the VN-Index is likely to fluctuate within the 1,215–1,225 range.
The market staged a positive recovery toward the end of the session after testing the psychological support area around 1,200 points. However, overall sentiment remains cautious, limiting the recovery in liquidity. Cash flows are mainly directed toward sector-leading stocks or those with a significant impact on the overall index. The VN-Index is likely to continue oscillating with alternating gains and losses in a diverging pattern before any clear short-term trend emerges. Investors are advised to focus on risk management and portfolio restructuring based on individual stock characteristics, avoid getting caught up in index volatility, and refrain from over-diversifying.
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