Vietnam Insight

The markets have been stable following multiple tariff events. In Monday’s regular session, the Dow gained 0.78%, the S&P 500 rose 0.79%, and the Nasdaq Composite advanced 0.64%. The market’s upbeat tone on Monday followed the Trump administration’s announcement of exemptions for certain electronics, including smartphones, computers, and semiconductors, from the newly imposed reciprocal tariffs. President Trump is also reportedly considering pausing his 25% auto tariffs to give carmakers time to adjust their supply chains.  The upcoming reports are expected to provide insights into how new tariffs are impacting corporate outlooks, with many companies likely to highlight increased uncertainty in their guidance. The US Commerce Department also launched a probe into semiconductor and pharmaceutical imports on national security grounds, keeping markets on edge.

The market continued its recovery momentum. VNINDEX closed at 1,241 (+18.98 points, +1.55%) with trading volume on par with the 20-session average. There were 311 gaining stocks and 179 declining stocks. Real estate, securities, and retail stock groups contributed to the market's upward momentum. Foreign investors were net sellers of 124 billion VND.

Trading Strategy: Investors should not rush to bottom-fish as the volume of shares bought during previous bottom-fishing sessions may return and create strong selling pressure. It is necessary to wait for the market to build a stable price base before entering a buying position

Trump considers temporarily lifting tariffs on cars.