Vietnam Insight

Key Highlights:

The risk of global supply chain disruptions due to attacks on cargo ships in the Red Sea. In response to these attacks, many global shipping companies and shippers have rerouted away from the Red Sea.

Technical view: On the weekly chart, the VNINDEX closed at 1103.66 points (+0.07%), not much changed from the previous week. The market formed a shooting star candle after the decline to the 1080 level at the beginning of the week, and then rebounded in the final sessions of the week. Overall, the 1080 level is quite strong and the market is unlikely to fall sharply, but the upward momentum of the market is quite weak, as trading volume and prices have not changed significantly.

Investment Ideas: The appropriate trading strategy would be to trade within the 1080-1130 range. Sectors to pay attention to if there is relatively good participation of liquidity are securities, oil & gas, and sea transportation sectors. 

• Movement of cash flows and capital flows
• Top stocks worth noting
• Macro data