HIGHLIGHTED NEWS
A representative of the State Securities Commission said that the Vietnamese stock market could attract 25-30 billion USD from the official stage of upgrading to an emerging market by 2030. Being included in the index basket and standing in the same group as large markets such as China, India or Kuwait could help the domestic market see more "races" between top enterprises, especially the top 100 group, to enter the FTSE's selected portfolio. Thereby, increasing value for enterprises and shareholders, while improving the overall quality of the entire market.
The Civil Aviation Authority of Vietnam has proposed to adjust the Master Plan for the development of the airport system, with the goal of reaching 33 airports with a total capacity of about 297 million passengers/year by 2030. To achieve this goal, the total planned land area required is more than 26,600 hectares (including land for expanding existing airports and land for new projects), with a total estimated investment capital of nearly VND500 trillion.
TRADING STRATEGY
The stock market closed in light green at 1,684 points with liquidity decreasing compared to the previous trading session. Divergence returned. Cash flow maintained its destination in leading stocks in the real estate and industrial services sectors, along with some individual stocks in the real estate sector. On the contrary, selling pressure appeared in stocks in the financial services, technology, construction and materials sectors. The VN-Index today is likely to fluctuate around the 1,675-1,690 point area.
The market is in a short-term uptrend with the goal of testing and conquering the resistance zone of 1,680-1,700 points. The general sentiment is still cautious and the index recovery is mainly based on the pull of some VN30 pillar stocks, which may cause the VN-Index to continue to rise in a mixed up-and-down scenario. Divergence between groups and sectors will likely also increase following the index's recovery momentum. Investors can consider screening, restructuring short-term portfolios towards controlled concentration 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 period 2025-2026.
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