HIGHLIGHTED NEWS
In the first four months of 2026, the Vietnamese economy generally maintained a fairly stable growth rate across many sectors. Industrial production continued to improve, with the Industrial Production Index (IIP) increasing by 9.2%, led by the manufacturing sector which grew by 9.9%. Domestically, total retail sales of goods and services reached VND 2,546.6 trillion, an increase of 11.1%, while inflation was controlled with an average CPI increase of 3.99%. Regarding investment, registered FDI capital reached US$18.24 billion, an increase of 32%, and implemented capital reached US$7.4 billion, an increase of 9.8%, while capital from the state budget totaled VND 187.1 trillion, an increase of 10.4%. Alongside this, total state budget revenue reached 1,114 trillion VND, an increase of 15.2%, and total expenditure reached 668.2 trillion VND, an increase of 11.6%. Notably, the business sector recorded 119,400 newly established and reactivated businesses in the first quarter alone, an increase of 32.8%. In addition, the number of international visitors reached 8.8 million, an increase of 14.6%, the highest level for the first four months of the year ever recorded.
TRADING STRATEGY
The stock market closed the week at 1,854 points with average liquidity remaining low. Selling pressure was mainly concentrated on blue-chip stocks that significantly impacted the overall index. Meanwhile, supportive capital flows tended to seek out mid- and small-cap stocks in the real estate, construction, chemical, and industrial services sectors. The VN-Index is likely to fluctuate around 1,840-1,870 points today.
The market traded sideways for the fourth consecutive session with average liquidity remaining low. The overall sentiment has not shown much improvement, leading to capital only circulating between sectors at a high speed, making investment opportunities for the general public less apparent. This can be explained by the lack of specific supporting information in the period leading up to the long holiday. Therefore, subsequent moves after the market returns to a stable rhythm will likely be a crucial factor determining the strength of cash flow in the medium term. Investors should temporarily focus their attention on individual stocks with attractive valuations and a medium- to long-term outlook, rather than being swept along by the fluctuations of the general index, prioritizing accumulating shares during short dips. Short-term trading should be flexible and adapt to cash flow developments.
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