Vietnam Insight

The U.K. becomes the first country to reach a trade agreement with the U.S. In Thursday’s regular session, the Dow Jones rose 0.62%, the S&P 500 gained 0.58%, and the Nasdaq Composite climbed 1.07%, led by strong performances in the tech sector. President Trump hailed the agreement as a breakthrough poised to boost American exports, though a 10% tariff remains in place. US stock futures were little changed on Friday as investors continued to assess the impact of the US-UK trade deal, the first major agreement since the US imposed sweeping tariffs earlier this year. President Trump hailed the agreement as a breakthrough poised to boost American exports, though a 10% tariff remains in place. Trump also signaled the possibility of easing tariffs on China, contingent on the outcome of upcoming trade talks this weekend in Switzerland, where US and Chinese officials are set to meet. 

The market is in an accumulation phase. VNINDEX closed at 1,269.37 (+19.43 points, +1.55%) with liquidity improving to the 20-session average. The market had 230 stocks increasing and 92 stocks decreasing, all sectors increased well, notably technology, real estate, and basic materials. Foreign investors net bought nearly VND 246 billion, the value mainly concentrated in VIC, MBB, and HPG.

Trading Strategy: Long-term investors may consider allocating funds into stocks with strong fundamentals and a solid accumulation base at low weight. We can focus on stocks benefiting from domestic internal factors in sectors such as: Steel, banking, securities, and power.