Weekly Report

Vietnam stock market dropped due to concerns of 3Q's subdued macro data worsened by social distancing measures

Vietnam's stock market collapsed after the American Chamber of Commerce in Vietnam and the European Business Association said they had canceled a part of orders in Vietnam

Vietnamese stocks were firmer amid the world stock market gains supported by the Fed's announcement to keep interest rates unchanged at 0 - 0.25% and Evergrande reached a deal of bond interest payment

Stocks rallied after HSBC said Vietnam was one of the best markets for investment in the ASEAN region

Vietnamese stocks fell along with the world stock markets as investors feared that the Fed meeting this week could push the US government bond yields even higher

The VN-Index dropped on increasing selling pressure at the end of the session

Stocks rose after the National Assembly approved the VND21,000 billion tax reduction package proposed by the Ministry of Finance

Vietnam stock market rallied after the Ministry of Finance proposed an additional tax reduction package worth VND20,000 billion to support businesses and people facing difficulties due to the COVID-19 pandemic

Stocks posted gains, underpinned by the news HSBC expects domestic economy will soon recover from the pandemic with 2022 GDP growing 6.8%.

Stocks closed down as the Ministry of Planning and Investment predicted 2021 GDP may grow by a mere of 3.5-4%, lower than the previous target even if the pandemic is contained from September