Vietnam Insight

▶ In Thursday's trading session, the market opened with a gloomy session as investors remained cautious about the information about tariff negotiations between Vietnam and the United States. However, the market improved in the afternoon session, led by Vin stocks, strengthening confidence due to net buying by foreign investors. Liquidity improved but remained lower than the 20-day average.

▶ At the end of the trading session, the VN-Index increased by 19.43 points (+1.55%), reaching 1,269.80 points; the HNX-Index increased by 1.80 points (+1.80%), reaching 215.21 points. Market liquidity reached VND 19.1 trillion, equivalent to about 806.2 million shares traded. Foreign investors net bought VND 246.32 billion, mainly in VIC, MBB, HPG.

▶ Technical perspective: The market recorded significant buying power in the afternoon session after a fluctuating session in a narrow range. VN-Index ended the session with a wide candle body, liquidity improved slightly, foreign investors maintained net buying and stayed above EMA 50 and 200. This can be considered a positive session for the market's recovery. VN-Index is approaching the resistance zone of 1,300 points, this is the price zone where short-term profit-taking pressure is expected to appear.

Strategy: Investors who prefer to hold for the long term can consider disbursing stocks with good foundations, with accumulation bases with low proportions. Can focus on stocks that benefit from domestic internal factors in some industry groups such as: Steel, banking, securities, energy...