Marketplace observation at the buying and selling consultation on January 6: No wish to rush to unload; Can fruit and vegetable exports in 2025 proceed to set a report of 8 billion USD due to durian?
– Gold worth: Gold rings and gold bars larger via greater than 1 million VND within the first week of 2025
The sector gold worth on January 5 reversed and dropped to two,639 USD/ounce, finishing the week of alternating will increase and reduces. Regionally, gold costs larger sharply ultimate week, lately SJC gold bars are buying and selling at 85.5 million VND/tael, SJC gold rings are buying and selling at 85.3 million VND/tael.
Closing week, home gold costs had robust will increase earlier than shifting sideways on January 4. Last the week, costs larger with SJC gold bars offered at 85.5 million VND/tael; gold ring 85.3 million VND/tael.
Particularly, at 8 a.m. on January 5, Saigon Jewellery Corporate (SJC) indexed the shopping and promoting worth of SJC gold bars at 84-85.5 million VND/tael, unchanged from finish of the former consultation. The buying-selling distinction narrowed to at least one.5 million VND/tael.
Value of SJC 9999 gold ring purchased at 84 million VND/tael, offered at 85.3 million VND/tael.
The cost of DOJI gold bars in Hanoi and Ho Chi Minh Town is 84 million VND/tael for purchasing and 85.5 million VND/tael for promoting. This emblem lists the shopping and promoting worth of Doji Hung Thinh Vuong 9999 gold ring at 84-85 million VND/tael.
PNJ gold closed the week shopping at 84.4 million VND/tael and promoting at 85.5 million VND/tael, an building up of 500,000 VND in comparison to the former consultation.
Thus, the shopping worth of home gold rings and gold bars is equivalent, whilst the promoting worth isn’t considerably other.
As of 8 a.m. January 5 (Vietnam time), international gold worth larger via 17.8 USD in comparison to the former consultation to two,639.4 USD/ounce.
Global gold costs ultimate week fluctuated between will increase and reduces, expanding via 18 USD in comparison to the former week’s final consultation. This week, gold costs larger sharply initially of the week, occasionally attaining 2,660 USD/ounce as geopolitical tensions escalated within the Center East.
Alternatively, within the heart and finish of the week, america financial system introduced sure employment information and new orders, pushing the USD as much as 109 issues, striking drive on gold costs. In an instant, speculators took earnings and switched to shopping for USD and bonds to create higher earnings, inflicting gold costs to fall.
Professionals say that the USD will proceed to extend in worth when the robust financial system forces america Federal Reserve (FED) to regulate its easing cycle extra slowly in 2025, restricting the associated fee building up of gold.
In spite of those detrimental elements, retail buyers in addition to mavens nonetheless be expecting gold costs to extend to three,000 USD/ounce this yr.
457 Major Boulevard retail buyers participated in Kitco Information’ annual Gold Survey. Specifically, maximum buyers are expecting this treasured steel will set a brand new report top when buying and selling above 3,000 USD/ounce in 2025.
Particularly, 266 retail buyers (an identical to 58%) taking part within the survey be expecting gold costs to extend to three,000 USD/ounce subsequent yr. Every other 103 buyers (22%) are expecting gold costs will top within the vary of two,800-3,000 USD. In the meantime, handiest 30 other folks (7%) suppose that gold worth will industry within the vary of two,600-2,800 USD. The rest 58 buyers (13%) consider that the associated fee will fall again to two,400-2,600 USD/ounce.
In comparison to Major Boulevard, Wall Boulevard-Wall Boulevard analysts, whilst bullish on gold costs, nonetheless have a quite extra wary view.
Gold remains to be conserving its flooring and the hot correction is the primary main correction the valuable steel has noticed in a yr, stated Chantelle Schieven, Head of Analysis at Capitalight Analysis.
“I stay as bullish on gold in 2025 as I used to be on 2024,” stated Chantelle Schieven, including that the present consolidation segment is anticipated to ultimate for a number of months. The feminine knowledgeable predicts that gold costs will industry between 2,500-2,700 USD within the first part of the yr and surpass the three,000 USD/ounce mark in the second one part of 2025.
At the morning of January 5, the USD-Index larger to 108.95 issues; 10-year US Treasury bond yield is at 4.601%; US shares ultimate week fluctuated in a downtrend; Global oil costs larger 3-4% this week due to constructive expectancies concerning the Chinese language financial system and gasoline call for, buying and selling at 76.51 USD/barrel for Brent oil and 73.96 USD/barrel for Brent oil. WTI oil.
– The State Financial institution reminded 9 banks to advertise lending for social housing and employee housing
The State Financial institution asked the Vietnam Financial institution for Agriculture and Rural Construction; Vietnam overseas industry; Vietnam Business and Business; Funding and building in Vietnam; Pioneer; Generation and industry; Filthy rich Vietnam; Military; Ho Chi Minh Town Construction urgently implements loans for social housing, housing for staff…
The State Financial institution (SBV) has simply issued a file on enforcing the mortgage program for social housing, employee housing, renovating and rebuilding previous residences consistent with Answer 33/NQ-CP despatched to the Chairman. Board of Administrators (Board of Participants) and Normal Director of: Vietnam Financial institution for Agriculture and Rural Construction; Joint Inventory Industrial Financial institution for International Business of Vietnam; Vietnam Joint Inventory Industrial Financial institution for Business and Business; Joint Inventory Industrial Financial institution for Funding and Construction of Vietnam; Pioneer Industrial Joint Inventory Financial institution; Joint Inventory Industrial Financial institution for Generation and Trade; Vietnam Prosperity Joint Inventory Industrial Financial institution; Army Industrial Joint Inventory Financial institution; Joint Inventory Industrial Financial institution for Construction of Ho Chi Minh Town.
In keeping with the State Financial institution, the disbursement of this mortgage bundle is low. In conjunction with that, lately plenty of business banks proposed including credit score limits for business banks taking part within the mortgage program for social housing, employee housing, renovation and reconstruction. previous condo constructions (social housing) or exclude remarkable social housing loans when calculating credit score enlargement limits.
– Marketplace observation at the buying and selling consultation on January 6: No wish to rush to unload
Damaging indicators become extra dominant after ultimate weekend’s decline, when VN-Index broke throughout the 200-day MA line with considerably larger liquidity. This can be a quite dangerous sign appearing that the former upward pattern could be reversed.
Abstract of marketplace observation reviews of a few securities firms for the buying and selling consultation on January 6
Step by step collect with a small share of long-term conserving shares
Vietcombank Securities Corporate (VCBS)
Confronted with the strengthening of the USD in comparison to different currencies, the VN-Index can totally proceed to vary strongly to retest the decrease enhance spaces, in addition to inflicting damaging drive available on the market. investor psychology.
With the provision power appearing no indicators of preventing, buyers wish to be wary in disbursing new budget into the marketplace, however can nonetheless deal with their present portfolio and progressively purchase a small share of goal shares for their very own functions. long-term conserving goal.
No wish to rush to unload
Vietnam Development Securities Corporate (CSI)
Damaging indicators become extra dominant after ultimate weekend’s decline, when VN-Index broke throughout the 200-day MA line with considerably larger liquidity. This can be a quite dangerous sign appearing that the former upward pattern could be reversed.
These days, our really helpful purchase positions on the enhance mark of one,260 issues are beginning to face a degree of chance, so we wish to be wary and restrict further shopping.
Even supposing the matched quantity exceeded the 20-session reasonable, it used to be no longer an alarm sign because it used to be nonetheless not up to the former 2 explosive periods.
Subsequently, we don’t wish to rush to unload and simply promote progressively, lowering the percentage of shares that violate the danger control threshold when the marketplace has dangerous traits within the coming periods. The correction can carry VN-Index to the enhance zone round 1,248 issues within the subsequent consultation.
The fast-term uptrend remains to be preserved
KB Securities Vietnam (KBSV)
The VN-Index shaped a lowering “Marubozu” candle with larger liquidity. The marketplace scenario has modified much less undoubtedly as distribution actions have turn into more potent and dealers have matched costs deep into the lower cost vary.
Alternatively, the truth that the index has no longer misplaced its transient enhance ranges remains to be maintaining the non permanent uptrend.
Proceed shaking
Asean Securities Corporate
We predict that the marketplace might proceed to shake within the coming periods. Buyers wish to look forward to the marketplace to retest the enhance zone of one,255 issues, which is a space the place many essential technical elements converge.
Macro elements are tending to turn into extra strong within the quick and medium time period, on the other hand buyers wish to proceed to watch the above macro signs and handiest disburse extra aggressively when the rage has obviously shaped. for alternate charges, marketplace liquidity and financial enlargement potentialities.
On the identical time, intently observe world marketplace traits in case robust fluctuations in america inventory marketplace will have an effect on the psychology of the Vietnamese inventory marketplace for the reason that two markets are extremely correlated.
– Can fruit and vegetable exports in 2025 proceed to set a report of 8 billion USD due to durian?
In 2025, the fruit and vegetable business objectives to proceed to set a brand new report for exports, expanding 15% in comparison to 2024 to about 8 billion USD. Specifically, durian continues to behave as the primary motive force as a result of there’s nonetheless room for enlargement.
Fruit and vegetable export actions in 2024 will usher in over 7 billion USD, an building up of 27% in comparison to ultimate yr. That is the second one consecutive yr that fruit and vegetable exports have set a report, exceeding the business’s goal of 6-6.5 billion USD. Of which, durian merchandise give a contribution just about part of the turnover.
The phenomenal enlargement of output of key culmination, mixed with the efficient exploitation of the Chinese language marketplace, are the criteria that experience helped Vietnam’s fruit and vegetable exports reach exceptional achievements during the last length. by means of.
Speaking to us, Mr. Dang Phuc Nguyen, Normal Secretary of the Vietnam Fruit and Vegetable Affiliation (Vinafruit), stated that this yr the business objectives to proceed to set a brand new report for exports, expanding 15% in comparison to 2024 to about 8 billion USD. Specifically, durian continues to behave as the primary motive force and nonetheless has room for enlargement till 2025.
Mr. Nguyen stated durian nonetheless has room to develop this yr due to output that may proceed to extend via about 15%.
– Thien Lengthy ballpoint pen internet benefit of 448 billion VND in 11 months of 2024
Amassed within the first 11 months of 2024, Thien Lengthy Staff’s internet benefit is 448 billion VND, an building up of 24% over the similar length in 2023.
Thien Lengthy Staff Joint Inventory Corporate (HoSE: TLG) has simply introduced its initial industry effects document for 11 months of 2024.
The corporate stated that in spite of many demanding situations in November, TLG completed robust 11-month cumulative effects due to export enlargement, operational potency and efficient value control. The corporate nonetheless maintains its roadmap to deal with its main place within the business.
Particularly, collected within the first 11 months of 2024, TLG earnings reached 3,470 billion VND, up 6% over the similar length ultimate yr and finishing 91% of the yr plan.
Of which, home earnings reached VND 2,545 billion in 11 months of 2024, an building up of two% over the similar length ultimate yr, even though November earnings lowered via 15%, reflecting strong call for from the home marketplace.
Export earnings reached 925 billion VND, an outstanding building up of 21% over the similar length. In November by myself, earnings larger sharply via 91% over the similar length, due to efforts to effectively penetrate the global marketplace.
Thien Lengthy’s collected gross benefit within the first 11 months of 2024 reached VND 1,545 billion, an building up of 8% over the similar length ultimate yr. The corporate’s gross benefit margin reached 44.52%, an building up of 0.73% over the similar length in 2023.
Within the first 11 months of 2024, Thien Lengthy Staff Joint Inventory Corporate has managed gross sales and company control prices and handiest larger via 1% in comparison to the similar length in 2023.
Amassed result of 11 months, Thien Lengthy Staff’s internet benefit is 448 billion VND, an building up of 24% over the similar length in 2023. Web benefit margin additionally larger from 11.09% to twelve.91%.