Weekly Report

Local and global stock markets collapsed on concerns over high inflation and slowing growth

Vietnamese and world stock markets lost ground ahead of news that the US and its European allies would impose bans on Russian oil imports, which may lead to stagflation globally

The VN-Index rallied since the Ministry of Finance proposed to cut the environmental protection tax from VND4,000/liter to VND3,000/liter on petrol products and by VND500/liter on oil products, reducing the inflationary pressure

The VN-Index was back on uptrend momentum as Fed Chairman Jerome Powell supported a lower-than-expected rate hike of 0.25% this March

The VN-Index retreated, similar to global stock markets’ movements due to concerns over high inflation as the conflict between Russia and Ukraine shows no sign of cooling off and the sanctions against Russia may negatively impact the world economy

The VN-Index advanced after IHS Markit unveiled Vietnam's PMI increasing for the fourth straight month in February to 54.3 points vs. 53.7 points in January

Vietnam's stock market declined after the General Statistics Office announced that overall CPI in February inched up by 1% MoM and 1.42% YoY, with ten sectors witnessing CPI increases

Vietnam and world stock markets bounced back thanks to the bottom-fishing demand

Vietnamese and world stock markets crashed after the Russian President ordered a military operation in eastern Ukraine

Vietnam's stock market went up, similar to world stock markets after investors reassessed the impact of the Russia-Ukraine crisis