The performance of Vietnamese stocks in the face of US tariffs is attracting investors' attention. These fluctuations have a profound impact on the financial market, causing many people to worry and seek opportunities.
Experts predict that the situation will continue to evolve, requiring close monitoring from investors. Let's explore the key factors influencing this development and prepare for the changes to come.
Many investors expressed optimism about the market as cash flow spreads across many sectors, with rotation among sectors such as seaports, securities, stocks, agriculture , information technology, insurance, banking, etc.
The most surprising thing is that after a period of net selling, foreign investors "turned around" and suddenly net bought with a value of more than 5,100 billion VND on HOSE last week.
Mr. Nguyen Thai Hoc, analyst at Pinetree Securities Company, commented that the market last week recorded many fluctuations when information about the reciprocal tax that the US intends to apply to Vietnamese goods was revealed.
The focus was on record net buying from foreign investors with a value exceeding VND5,000 billion - the highest level since early December 2022 - when the VN-Index bottomed around 970 points.
In the past 5 years, there have only been two weeks with larger net buying, falling right at the market bottom in July 2020 and December 2022. This could be a positive signal for the VN-Index in the long term.
Next week, the stock market is expected to continue to be affected by information from the US tariff policy as the 90-day tax suspension deadline - July 8 - approaches.
Vietnam stock market developments before US tariffs and investment opportunities in Q2/2025
According to Pinetree Securities experts, VN-Index has increased for 3 consecutive weeks and is currently at its highest price range in the past 3 years. Therefore, profit-taking sentiment will gradually appear and the possibility of a further breakout is not high when the new momentum is still not really clear.
The market will receive more Q2 business results reports from listed companies - the main factor leading to differentiation according to the individual stories of each industry group and each stock.
"Although the risk of a strong correction is not high in the context of foreign investors continuing to net buy in many industry groups, the possibility of a strong uptrend forming is also quite low. The appropriate strategy is to continue observing and selecting investment opportunities in stocks with positive profit prospects, separate supporting factors, and especially those that are strongly net bought by foreign investors," said Mr. Nguyen Thai Hoc.
Experts from SHS Securities Company also believe that the short-term trend of VN-Index is to maintain growth above the support zone of 1,350 points but is under correction pressure at the price zone of 1,400 points.
Investors should maintain a reasonable proportion, focusing on stocks with good fundamentals, leading in strategic industries, and outstanding economic growth.
Mr. Dinh Quang Hinh, Head of Macro and Market Strategy Department, VNDIRECT Securities Company, commented that with a positive macro context, the market's business results in the second quarter of 2025 will have many bright colors.
"Investors can take advantage of volatile and adjusted sessions to restructure their investment portfolios, increasing the proportion of sectors with positive prospects such as banking, securities, consumer and retail," Mr. Hinh recommended.
Source: https://nld.com.vn/ngong-thue-quan-chung-khoan-viet-se-dien-bien-the-nao-196250705224305712.htm
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