HIGHLIGHTED NEWS
According to preliminary statistics from the General Department of Vietnam Customs, the total value of Vietnam’s import and export activities in the first half of April 2025 (from April 1 to April 15) reached USD 35.44 billion, down slightly by 0.6%, equivalent to a decrease of USD 0.21 billion compared to the same period in the previous month. The trade balance posted a deficit of USD 1.94 billion, with the domestic sector running a deficit of USD 2.28 billion and the FDI sector recording a surplus of USD 0.34 billion. Specifically, export turnover reached USD 16.75 billion, down 6.9%, of which the FDI sector contributed USD 11.58 billion and the domestic sector contributed USD 5.17 billion. Import turnover reached USD 18.69 billion, up 5.7%, with the FDI sector contributing USD 11.24 billion and the domestic sector USD 7.45 billion. Cumulatively, as of April 15, 2025, the total import-export turnover reached USD 237.85 billion, up 13.67% year-on-year. Of this, export turnover was USD 119.56 billion, up 10.71%, and import turnover was USD 118.29 billion, up 16.81%. Key import and export items in the first half of April 2025 included computers, electronic products, phones and components, machinery, equipment and tools, and textiles and garments. Notably, compared to the same period in March 2025, rice export turnover increased by 17.9%, rubber exports decreased by 44%; cashew imports surged by 110%, and pharmaceutical imports rose by 26.8%.
TRADING STRATEGY
The stock market closed the final trading session of the week slightly in the green at 1,219 points, with improved liquidity surpassing the weekly average. Market divergence persisted. Cash flow was drawn to leading stocks in the financials, F&B, and technology sectors. Meanwhile, selling pressure intensified in large-cap stocks in the real estate, basic materials, services, and retail sectors. The VN-Index is expected to continue fluctuating within the 1,215–1,225 point range today.
The market is currently in a tug-of-war phase as it tests the supply-demand balance following a series of strong rebound sessions from the 1,070–1,080 point bottom. The stocks showing the most positive performance relative to the broader market are mainly individual names supported by solid company fundamentals or favorable macro-outlooks for their sectors. The VN-Index is likely to remain range-bound with alternating gains and losses amid sector divergence, until a clearer short-term trend is confirmed. Investors are advised to manage and restructure their portfolios based on individual stock characteristics, avoid being swayed by general index movements, limit over-diversification, and prioritize stocks with strong Q1 2025 earnings growth and a stable outlook for the next reporting period.
Investor can see the full Newsletter below:
