Weekly Report

Vietnamese stocks joined global stock market rallies thanks to news related to US-China trade talks and COVID-19 vaccine

Stocks closed up thanks to the Ministry of Labor - Invalids and Social Affairs' proposal to launch the second COVID-19 support package worth VND18,600 billion

Stocks bounced back on the news the China Trust Vietnam Opportunity Fund from Taiwan is about to disburse USD100 million into Vietnam stock market, focusing on leading stocks and the VFMVN DIAMOND ETF (FUEVFVND, +1.9%)

Vietnamese stocks saw modest dips alongside other Asian stock markets on Fed's subdued outlook about the US economy, US-China trade tensions and COVID-19 developments

Stocks rallied after the State Bank issued a circular to reduce ratio of short-term funding used for medium and long-term loans

Stocks closed lower as Hanoi asked restaurants and cafes to ensure the social distancing requirements from August 19

Stocks posted modest losses after Hanoi announced two new COVID-19 cases

Stocks posted slight losses from rising COVID-19 concerns as Hai Duong, a city near Hanoi, would start a local lockdown

Vietnamese stocks and other Asian markets gained from news on Russia success in producing vaccine against COVID-19, and rising expectations about the US-China meeting this weekend

Stocks rallied with support from banks