Vietnam Insight

The VN-Index closed the 07/10/2026 session at 1,753.39 points (-0.32%), a mixed session with market-wide liquidity of VND 16,734 bn. Chemicals led sector gains (+2.16%), while VN-Index edged lower and remains below the MA50 level (around 1,780). Foreign investors net sold VND 911 billion, concentrated in PNJ, TCB and HDB. In contrast, MSN, BSR and VIB saw solid net buying. The VN-Index is expected to trade within a support zone of 1,720 and resistance of 1,780 points over the coming sessions.

Technical: The market continues to hold a balanced footing with narrow fluctuations, and the MA50 is moving sideways with a slight upward bias. Sectors are mixed. Overall, the prevailing trend of the market remains sideways. Support and resistance are 1,720 – 1,850 respectively.

Short-term scenarios for the next 2 weeks:

• Bullish (15%): The market heads toward 1,900 points without needing to consolidate first
• Base case (60%): The market tends to recover toward the MA50 at 1,780
• Bearish (25%): The market falls to the lower bound of the support zone around 1,725

Strategy: Favor defensive, low-beta names with strong cash flow, high dividends and low leverage amid elevated interest rates. Insurance and utilities (electricity and water) are worth considering. With thin liquidity the market can fall abruptly, so this is a more suitable time to buy than to chase prices. Investors should also focus more on individual sectors and stocks than on the headline index given the sharply divergent market.