HIGHLIGHTED NEWS
Prime Minister Phạm Minh Chính has just signed Official Telegram No. 49/CĐ-TTg dated April 23, regarding the urgent, coordinated, and effective implementation of measures to ensure electricity supply during the peak period of 2025 and beyond. Specifically, the telegram forecasts that electricity demand in 2025 will grow by up to 12.2%, with the national peak capacity expected to reach 54,510 MW. Regarding power source projects, the Ministry of Industry and Trade is required to focus on expediting the implementation of key national and energy sector projects included in the approved planning. Notably, Nhơn Trạch 3 Thermal Power Plant must be urgently put into operation by June 2025, and Nhơn Trạch 4 by August 2025. Unit 1 of the Quảng Trạch 1 Thermal Power Plant project must be connected to the national grid before September 2, and Unit 1 of the Hòa Bình Hydropower Plant expansion project must begin operation in August 2025, with Unit 2 following in October 2025. For power transmission projects, the Ministry of Industry and Trade must ensure the progress of transmission infrastructure, implement urgent transmission solutions, and facilitate electricity imports from abroad. Projects such as the 500kV Lào Cai – Vĩnh Yên transmission line, the 500kV Hải Phòng – Thái Bình line, and the Than Uyên – Lào Cai line must be completed before September 2. In addition, the Ministry must direct the implementation of comprehensive electricity-saving measures in line with Directive No. 20/CT-TTg from the Prime Minister on strengthening electricity savings for the 2023–2025 period and beyond. Relevant ministries, sectors, and units are also tasked with close coordination to enhance inspection and supervision, promptly address emerging issues, and ensure timely completion of projects—thereby contributing to national energy security during the upcoming peak period and in the long term.
TRADING STRATEGY
The stock market has rebounded to the 1,211-point level, although liquidity dropped significantly compared to the previous trading session. A positive trend was observed across most sectors, especially in leading stocks from the real estate, construction, materials, chemicals, and retail industries. The VN-Index is expected to fluctuate within the 1,210–1,220-point range today.
The market continues to climb after a strong recovery from the 1,140–1,150-point bottom. However, cautious sentiment has kept the index moving sideways in a narrow range following the bullish gap at the ATO (At The Open). Capital flows are increasingly targeting stocks that represent their respective sectors. Additionally, news about progress in resolving issues related to global reciprocal tax negotiations has helped slightly improve buying demand in groups directly affected by international trade. Looking ahead, the VN-Index is likely to consolidate with a few more sessions of sideways movement and sector divergence before continuing its upward trend toward the key resistance level around 1,250 points. Investors may consider gradually building controlled long positions in fundamentally sound stocks that are less exposed to trade negotiations and are expected to maintain growth or show positive earnings prospects in Q2/2025.
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