Weekly Report

The VN-Index witnessed another strong correction in line with the world stock market as RSM US LLP warned against the increased recession risk ahead of numerous supply shocks after the Fed raised interest rates to fight inflation

The local stock market took another beating, similar to the declines of Asian stock markets in the wake of complicated developments of the COVID-19 pandemic in China

Vietnamese and world stock markets crashed as the Fed officials generally agreed to cut the central bank’s balance sheet by as much as USD95 billion a month and supported bigger rate hikes in the March policy meeting

Vietnam's stock market posted gains on the growth of banking stocks after Fitch Ratings unveiled it could raise the viability ratings of most Vietnamese banks a notch higher if core capital ratios were 2-3 percentage points higher

The VN-Index retreated after the World Bank lowered its forecast for Vietnam's GDP growth to 5.3% and even down to 4.4% in the worst-case scenario

The local stock market saw a sharp gain today, backed by blue chips

The VN-Index regained since the released reading of the General Statistics Office showed that more than 82% of businesses believed their financial position would rebound in 2Q22 compared to 1Q22

Vietnam’s benchmark VN-Index retreated since S&P Global lowered its growth forecast for Southeast Asia from 5.6% to 5% given dwindling global demand and the impact of the Russia-Ukraine conflict on the regional economy in 2022

The VN-Index bounced back after the General Statistics Office announced that GDP in the first quarter expanded by 5.03% YoY

Local stocks slumped on increased profit-taking pressure, especially from banking and real estate stocks