Weekly Report

The VNIndex was dragged down by Bloomberg’s forecast that Vietnam and Indonesia would witness 2022 inflation to rise from last year by the most in Asia given global price pressures from supply chains

The stock market rose on the determination of the Government to implement effectively the COVID-19 pandemic prevention and control programme and the socio-economic recovery and development programme, targeting a 6-6.5% GDP growth in 2022

Vietnam's stock market followed the downtrend of Asian stock markets given rising US Treasury yields

The stock market rallied as the latest reading of IHS Markit showed that December PMI was up slightly MoM to 52.5 points, reflecting the third straight month of improved business conditions and the strongest recovery of the manufacturing industry since May 2021

The stock market went up, underpinned by large-cap stocks

Vietnam’s stock market regained ground on the news that the Deputy Prime Minister and the Governor of the State Bank asked the banks to continue cutting loan interest rates to support pandemic-hit businesses and individuals

Stocks dropped since the General Statistics Office estimated Vietnam's 2021 GDP to reach 10-year lows at 2.58%, not meeting the target assigned by the National Assembly

Vietnam's stock market rallied, led by banks after the State Bank said credit growth increased 14.6% YoY as of December 22 and should grow 14% in 2022

Local stock market rose after the Vietnamese Government and the World Bank signed an agreement for financing USD221.5 million to help Vietnam recover from the COVID-19 pandemic

Vietnamese and global stock markets rallied since investors were more optimistic after studies in the UK, Scotland and South Africa suggest a reduced risk of hospitalization and severe disease from Omicron as compared to previous variants like Delta