Vietnam Insight

No revisions or delays to the newly imposed duties targeting 14 countries. US stock futures held steady on Wednesday as investors assessed the latest round of tariff actions announced by President Donald Trump. The president confirmed there would be no revisions or delays to the newly imposed duties targeting 14 countries, including Japan and South Korea. He also introduced a 50% tariff on copper imports and signaled that additional sector-specific tariffs are likely to follow. In a more aggressive stance, Trump threatened to impose tariffs of up to 200% on pharmaceutical imports, though he noted that implementation would be delayed by 12 to 18 months to allow for industry adjustments. In Tuesday’s regular session, the Dow and the S&P 500 declined by 0.37% and 0.07%, respectively, while the Nasdaq Composite edged up 0.03%. Consumer staples, utilities, and financials underperformed, whereas energy, materials, and healthcare stocks led the gains.

Break out of 1,400, towards 1,500. VNINDEX closed at 1,415.46 (+13.40 points, +0.96%) with high liquidity exceeding the 20-session average. The market had 217 stocks increasing and 92 stocks decreasing. The group of stocks contributing the most to the market's increase were VHM, HPG, VCB while BVH TPB GEE contributed to the market's decrease. Foreign investors net bought about 1,513 billion, the value mainly concentrated in HPG and FPT stocks.

Trading Strategy: Investors should be more cautious as the market has increased sharply in the recent period. If you buy new stocks, you can buy with a low proportion, prioritizing groups that closely follow the MA 20/50/200 support. Investors with a safe appetite can disburse with stocks that are around the accumulation base such as banks.

Buy Recommendation: HAH