Weekly Report

Vietnam's stock market increased after the recently released macro data was positive with the average CPI in the first 4 months of 2021 increased 0.89%yoy, the lowest since 2016 and Vietnam's index of industrial production in April 2021 up 24.1% YoY

The VNIndex increased after Asian Development Bank revise up the forecast for Vietnam's GDP growth to 6.7% in 2021 and 7% by 2022

Vietnam's stock market gained on the news that Bloomberg ranked Vietnam in the top 11 most resilient economies to the COVID-19 pandemic and forecast that our economy would reach a growth rate of 7.3% in 2021

Stocks cheered the State Bank's announcement to keep the policy rate unchanged, thereby offering lower interest-rate loans to support businesses

Vietnam stock market plunged from profit-taking pressure after the news securities companies' margin balances reached a record high in 1Q

Vietnam stock market increased after VEPR raised its forecast for Vietnam's GDP growth in 2021 to 6-6.3%

Stocks fell after the General Statistics Office assessed that the third wave of COVID-19 in Vietnam delayed the recovery of the labor market with 540,000 people losing their jobs in 1Q

Stocks succumbed to the strong selldown at the end of the session. Vietnam Steel Association (VSA) said that 1Q sold output of steel enterprises recorded a strong growth of 35.5% YoY and reached a record high of 6.8 million tons

The VNIndex rose alongside the rallies of the world stock market as the US Government bond yields cooled down after the released data showed that inflation in the US increased at a lower speed than expected

Stocks fell at the end of the session due to the profit-taking pressure after the VN-Index reached a new historical peak