Daily/Weekly Report

Vietnamese stocks corrected as the number of new COVID-19 infections continued to set new peaks

Stocks recovered thanks to the return of demand after the Ho Chi Minh City Center for Disease Control (HCDC) said there were no new COVID-19 places in the city today

Stocks fell after the Asian Development Bank lowered its forecast for Vietnam's 2021 GDP growth to 5.8%, assessing that Vietnam's slow vaccine rollout and prolonged distancing measures would hinder the circulation and trading activities

Stocks rebounded thanks to late-day bottom-fishing demand after the US Department of Finance and the State Bank of Vietnam reached an agreement that reassures the US concerns on Vietnam's currency practices

Stocks plummeted after the Prime Minister decided to apply the Directive No. 16 in 16 Southern provinces and took urgent measures to curb the spread of Coronavirus in Hanoi

Stocks rallied after HSBC raised its 2022 GDP growth forecast to 6.8% with the view that Vietnam will become one of the most potential countries in the region

Banks helped the VNIndex regain some points dropped from the last plunges

Vietnam stock market continued to see big losses as the number of new COVID-19 infections reached a new peak every day

Stocks posted modest gains like regional markets after the Central Bank of China (PBOC) announced to lower the required reserve ratio

The VNIndex collapsed as Hanoi announced to suspend non-essential business activities from July 13 to halt the spread of the Coronavirus