Weekly Report

Stocks were firmer as ICAEW and Oxford Economics forecast Vietnam's GDP growth would reach over 6% in 2022

The stock market followed the rallies of world stock market after WHO said that the Omicron variant does not appear to cause more severe illness than previous Covid variants and is ‘highly unlikely’ to fully evade vaccine protections

Vietnam stock market rallied, similar to world market movements as investors were optimistic that the Omicron variant was not as bad as previously feared

Vietnamese and global stock markets declined as the Omicron strain continued to spread to many parts of the world

The stock market closed lower as OECD forecast global economic growth to reach 5.6% vs. 5.7% of previous forecast due to concerns about the emergence of the Omicron variant and even more dangerous ones in the future

The VNIndex dropped in line with the world stock market after the US Centers for Disease Control and Prevention said the country had identified its first case of Omicron infection

Local stocks regained some points after IHS Markit reported Vietnam's November PMI rose to 52.2 points, showing that the business conditions continued to be improved

Vietnamese and global stock markets fell on the news Moderna feared that the current vaccines were likely less effective against the Omicron variant

Vietnam stock market followed the decline of global stock market in the face of concerns over the Omicron variant

Vietnam and world stock markets slid as investors were concerned about a new mutation of COVID-19 spreading in South Africa