Vietnam Insight

Global stocks diverged. US stocks erased early gains on the first trading day of the year to close firmly lower, as investors continued to worry about the Federal Reserve raising interest rates into a recession to suppress inflation. European stocks kick off 2023 with a positive trading day. Equities in Hong Kong jumped 1.84%, with traders betting that the pace of a recovery in China from COVID disruptions could accelerate in 2023.

Domestic stocks surged, green color prevailed. The Ministry of Transport has just promoted the construction progress of the North-South Expressway Phase 2 right after the groundbreaking ceremony.

• Domestic and international news
• Macroeconomic update Q4/2022 and full year 2022, Vietnam manufacturing PMI continues to stay below the threshold of 50
• Technical view and recommendations