Weekly Report

Vietnam stock market increased today after the news that the number of investors opening new securities accounts continued to be high in June

Stocks posted modest losses in lackluster trading on concerns over slowing interest income at the banks after several large lenders announced cuts to loan and deposit rates

Stocks surged after June PMI registered above 50 and Fitch upgraded Vietnam’s GDP growth forecast for the year

Stocks closed lower in cautious trading and gave back gains when the fall in Dow futures triggered a late day sell off

Stocks collapsed after 2Q GDP growth fell to a 30-year low amid growing fears of a global second wave of coronavirus infections

Stocks closed lower led by banks after Vietcombank announced at its shareholders’ meeting that it expects non-performing loans to increase to 1.5% this year from 0.8% due to the coronavirus

Stocks fell as the rising number of new coronavirus cases around the world caused the Prime Minister to announce that Vietnam was in no rush to reopen

Stocks closed down in mixed trading on increasing concerns over 2Q macro data scheduled for release next week

Stocks closed lower and gave back gains in a sharp afternoon sell off amid mix trading

Stocks posted small gains after Vietnam’s customs agency announced a preliminary 13.7% rise in imports in the first half of June compared to the second half of May