VN-Index +7.5% Yet Far Behind Nikkei, KOSPI: 3 Layers of Explanation
Riding the same regional risk-on wave, VN-Index gained 7.5% in the past month but trailed Nikkei by 9 percentage points. Three structural layers explain the gap.
China's 5% GDP, Three Metals React Three Different Ways
Same Q1 GDP catalyst beat expectations, yet copper and nickel surged nearly 6% while HRC steel barely moved. Supply-demand structure of each metal tells the full story.
S&P 500 Hits Record High, VN-Index Crosses 1,800 on 2 Stocks
S&P 500 sets new all-time high at 7,022 points on strong US bank earnings. VN-Index crosses 1,800 but nearly all gains come from VIC and VHM, while 192 stocks decline.
BIRD Surges 580% on Three Letters 'AI': A Familiar Playbook
Allbirds sold its shoe business, rebranded as NewBird AI, and its stock soared 580%. History from Long Blockchain and KodakCoin suggests how this story usually ends.
DXY Down 7 Straight Sessions: When Confidence in the Fed Wavers
The US Dollar Index fell for seven consecutive sessions, dropping to the 98-point zone. Behind this isn't just a technical correction — it's a crisis of Fed independence with direct consequences for Vietnam.
US Refunds $166B in Tariffs: Textiles Lead Vietnam's Beneficiaries
The CAPE system launches April 20, opening the door to $166B in IEEPA tariff refunds. Vietnam receives the largest tariff cut — from 46% to 10% — but the window lasts only 150 days.
2 Stocks Drove All 25 Points of VN-Index, 199 Stocks Fell
VN-Index crossed 1,800 points thanks to VIC and VHM, but nearly two-thirds of HOSE stocks declined. Three data layers explain the green-index, red-portfolio paradox.
NVL Up 71% From Bottom: Accounting Profit, VND 67.4T Debt
Three catalysts drove NVL's 71% rally in 5 weeks. But the profit came from accounting reversals, revenue dropped 23%, and VND 67,400 billion in debt remains.
US PPI at 4%, but core inflation rose just 0.1%
The March 2026 PPI report paints two completely different inflation pictures. Headline jumped 4% on energy, but the core barely moved. Which number did Wall Street choose to follow?
PLX Loses Public Company Status: 43,000 Shareholders Face Risk
Petrolimex officially fails to meet public company requirements with a free float of just 9.4%. The state holds nearly 76%, ENEOS 13%, leaving 43,000 minority shareholders facing potential delisting if the issue isn't resolved within one year.
Nasdaq's 10-Day Win Streak: Three Drivers, Two Risks
Nasdaq posted its longest winning streak since 2023, driven by strong Q1 earnings, falling oil prices, and AI capital flows. But surging PPI and a patient Fed pose reversal risks.
SBV Receives 11 Gold Bar Production Applications: SJC Premium Set to Narrow
11 entities have applied to produce gold bars, marking the most significant transition in Vietnam's gold market since 2012. The SJC premium of over 21 million VND versus world prices has structural grounds to narrow.
Hui Ka Yan Pleads Guilty: 5 Evergrande Risks Still Lurking in Vietnam RE
From $42.5 billion to the courtroom in 9 years. The Shenzhen trial closes Evergrande's chapter, but 5 similar structural risks remain in Vietnam's real estate sector.
3 Steel Stocks Hit Price Ceiling, Banks Barely Recover: Diverging Capital Flows
On April 14, TLH, HSG, and NKG all hit their price ceilings thanks to the 27.83% anti-circumvention HRC tariff, while banking stocks recovered only 0.1-1.7% after a red session.
China's Surplus Halved: How Vietnam Benefits
China's March exports grew just 2.5% while imports surged 27.8%. This divergence is creating opportunities for Vietnamese exporters targeting the world's second-largest economy.