Daily/Weekly Report

Stocks closed down on the Hanoi Department of Health's announcement about seven growing COVID-19 clusters in the city

Stocks cheered the news Vietnam PMI hit 52.1 points in October, increasing from 40.2 points in September (IHS Markit)

Vietnam’s stock market fell after the Business Association of Ho Chi Minh City warned about the labor shortage with only a small number of workers returning to work while businesses received enough orders until the end of the year

Vietnam's stock market rallied as the General Statistics Office estimated that the index of industrial production (IIP) in October 2021 increased 6.9% MoM and 10M21 consumer price index (CPI) grew 1.81% YoY, the lowest recorded since 2016

Stocks were firmer after the State Bank said the growth of outstanding loans of the whole economic sector as of October 7 reached 7.42%, the potential for residential loans for 4Q was still large, and expected the whole year of credit growth reach 10 - 12%

Vietnam’s stock market rallied ahead of unofficial news about the Government's large-scale stimulus package against the impact of COVID-19

Vietnam stock market rallied at the end of the session, similar to the movements of the global stock market after JPMorgan's representative said the supply shortage showed signs of improvement

Vietnam’s stock market dropped on the news from the Ministry of Labor, War Invalids and Social Affairs that there are still about 18% of businesses facing labor shortages

VNIndex closed up as the General Department of Customs announced that export turnover hit USD13.2 billion (+3% YoY) in the first half of October 2021

The stock market dropped after the Ministry of Labor, Invalids and Social Affairs warned about the risks of a labor shortage in some regions and industries, which may hinder businesses' production recoveries