HIGHLIGHTED NEWS
According to the State Bank of Region 2, the total amount of remittances in 2025 is likely to exceed the 16 billion USD level of 2024 and is forecast to be more positive in the following years thanks to breakthrough policies in attracting remittances. Research by the Committee for Overseas Vietnamese in Ho Chi Minh City shows that recently, remittance flows have been shifting more positively to the fields of securities, bonds, opening businesses, production and business, and real estate. This not only creates more capital for social security support activities, production and business, and investment, but also contributes to increasing budget revenue, foreign currency supply, and stabilizing exchange rates. Currently, Vietnam has more than 600,000 workers abroad, reaching 130% of the plan for the 2021-2025 period.
TRADING STRATEGY
The stock market recovered positively, reaching 1,680 points with liquidity slightly lower than the previous trading session. Cash flow spread across most groups and industries under the leadership of leading stocks in finance, industrial services, technology, retail, construction and materials. Today's VN-Index is likely to fluctuate around the 1,675-1,690 point area.
The market increased with developments completely opposite to the previous decline. Selling pressure weakened and cash flow returned positively to stocks with high mass appeal, helping to improve the general sentiment somewhat. Foreign investors net bought widely. The VN-Index is still in a recovery trend towards the goal of conquering the 1,680-1,700 point area. Investors can consider screening and restructuring short-term portfolios in a controlled concentration direction or trading with available goods to optimize short-term positions. On the other hand, buying activities for medium and long-term vision can continue to take place at base price or support price zones, prioritizing basic stocks with good growth potential or in attractive areas compared to valuations in the 2025-2026 period.
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