Vietnam Insight

Concerns about recession and President Donald Trump's aggressive trade policies. Last week, the Dow added 1.2%, the S&P 500 gained 0.51%, and the Nasdaq Composite edged up 0.17%, with the latter two rebounding from a four-week losing streak driven by recession concerns and President Donald Trump’s aggressive trade policies. Market sentiment remains focused on the April 2 deadline for Trump’s reciprocal tariffs, though the President suggested on Friday there could be “flexibility” in his plan. Over the weekend, reports surfaced that the tariffs may be narrower in scope, potentially excluding certain industry-specific duties. Looking ahead, investors await flash US PMI figures set for release on Monday.

Foreign investors continue its selling trend. VNINDEX closed at 1,321.88 (-2.05 points, -0.15%) with liquidity slightly below average. The market had 191 green codes and 285 red codes. The stocks that contributed the most to the market's increase were VIC, FPT, VHM while VCB BID and LPB contributed to the market's decrease. Industry groups were slightly differentiated in the last session of the week. Foreign investors net sold VND 951.39 billion, focusing mainly on VND, SHB and TPB.

Trading Strategy: The market has shown positive signals, breaking out of the sideways trading channel. The VN-Index is likely to maintain its uptrend to reach 1,350 points. After several consecutive rising sessions, the VN-Index may experience alternating declining sessions in the coming weeks. Investors can increase their positions during these declining sessions with average liquidity and a narrow spread. In a negative scenario, if the 1,280-1,300 point level is lost, investors may reduce their portfolio weight to manage risk.

Summary of AGM of VSH 2025: Plan to expand new power sources