HIGHLIGHTED NEWS
According to the directive on promoting economic growth in 2026, the Prime Minister emphasized several urgent requirements, including:
- The Ministry of Finance must ensure accurate, sufficient, and timely tax collection, expand the tax base, and combat tax evasion, aiming for a minimum 10% increase in budget revenue compared to 2025.
- The State Bank of Vietnam must manage interest rates and exchange rates in line with macroeconomic developments; strictly manage the foreign exchange market; and stabilize the value of the Vietnamese Dong.
- Focus on accelerating the disbursement of public investment.
- Strengthen the promotion and attraction of large-scale, high-tech FDI projects; prioritize the semiconductor, artificial intelligence, and digital technology sectors.
- Promote trade, expand into new markets such as Halal, the Middle East, Africa, and Latin America; resolve obstacles related to IUU fishing, aiming to lift the European Commission's "yellow card" in April 2026.
- Develop the stock market and corporate bond market in a stable manner, ensuring their role in mobilizing medium and long-term capital for the economy.
TRADING STRATEGY
The stock market closed the week lower at 1,870 points with continued declining liquidity. The money flow was slightly weak. Selling pressure increased in leading stocks in the banking, oil and gas, technology, and chemical sectors. Conversely, stocks in the financial services and real estate sectors played a positive role in supporting the overall index. The VN-Index is likely to fluctuate around the 1,860-1,880 point range today.
For the second consecutive week, the market experienced sideways trading within a wide range. The high rate of money flow has weakened liquidity and led to a more cautious sentiment regarding new investment positions. Selling pressure to take profits and reduce holdings has also slightly increased. Foreign investors recorded their fourth consecutive net selling session. Overall, the main medium-term upward trend of the VN-Index remains intact. However, investment opportunities will tend to revolve around fundamental stocks that have established upward trends and require patience in holding, rather than highly volatile stocks that are overly dependent on the heat of cash flow. Investors should patiently hold their positions, increasing their stock holdings during market fluctuations, for a medium-term strategic portfolio. Short-term transactions should be flexible, following cash flow trends, and avoiding chasing prices when they are rising sharply.
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