Weekly Report

Good control of domestic COVID-19 pandemic helped the VNIndex get out of today's sideways drift and close up

The VNIndex closed up again after the Minister of Planning and Investment proposed to maintain expansionary monetary and fiscal policies to support the economy

Vietnamese stocks rallied thanks to further improved manufacturing sector, reflected through February PMI increase to 51.6 points (IHS Markit)

Stocks moved into a sideways drift before closing up on news Ho Chi Minh City allowed catering services to reopen early next week given no new cases during the last 14 days

Stocks rallied in line with global stock upward movements after the Chairman of the Fed, Jerome Powell reassured market concerns about interest rates and inflation

VNIndex, together with other Asian stock indices fell from worries about inflation and rising interest rates

Stocks drifted sideways and closed up slightly given no new COVID-19 cases in major cities, and expectations about the US aid package worth USD1,900 billion

Stocks inched up on Fitch Ratings' forecast about the 7.5% growth of Vietnam GDP in 2021 despite a new outbreak of the Coronavirus

Stocks moved in a sideways drift and declined at the end of the session after the Minister of Health showed concerns that the pandemic might not end in the first half of the year

The VNIndex rallied again after the Ministry of Health disclosed the first batch of COVID-19 vaccine containing five million doses would arrive by the end of February