Morning News, February 26: Aiming to disburse over 95% of public investment capital

Macroeconomic News

• United States: U.S. Trade Representative (USTR) Greer: We intend to adhere to the previous agreement with China.
• Japan: Bank of Japan (BOJ) Governor Kazuo Ueda, in an interview with the Yomiuri Shimbun, left open the possibility of raising interest rates in the short term, stating that both the March and April policy meetings are "open" to a new adjustment.
• Vietnam: The government issued Resolution No. 29/NQ-CP on February 24, 2026, on the action program to implement Resolution No. 79-NQ/TW dated January 6, 2026, of the Politburo on state economic development.
• Vietnam: Prime Minister Pham Minh Chinh stated that 2026 must be a year of breakthroughs, turning the tide and accelerating progress, developing science and technology, innovation, digital transformation, and implementing Project 06; in which data is identified as a strategic resource and a core foundation for digital economic breakthroughs, with a focus on the data economy; diversifying the mobilization and optimal use of resources.
• Vietnam: Ministry of Construction: Aim to disburse over 95% of public investment capital in 2026.
• Vietnam: The Ministry of Industry and Trade is seeking opinions on the policy dossier for the Law on Derivative Commodity Transactions.
• Vietnam: The Ministry of Finance proposes to increase agricultural insurance support to a maximum of 95%. At the same time, it will significantly increase the support ratio for individuals and production organizations and expand the scope of key crops and livestock...

Market News

• VN-Index: Overall market sentiment is quite positive; conversely, Vin stocks are holding back the VN-Index's upward momentum. In the coming sessions, the VN-Index may continue to rise to the 1,880 – 1,900 range.
• U.S. stocks rose on February 25, supported by Nvidia and Oracle, continuing the recovery from the previous session.
• Oil prices were flat on February 25 as U.S. crude inventories rose much more than expected, overshadowing the risk of supply disruptions due to the possibility of military conflict between the U.S. and Iran.
• Gold prices rose on February 25 as investors sought safe-haven assets amid concerns that tariffs could fuel inflation, while tensions between Iran and the U.S. continued to support demand for defensive assets.
• On February 24, the Ho Chi Minh City Stock Exchange (HOSE) announced that it had received a listing application from A An Food Joint Stock Company, a company known as the owner of the A An rice brand. The stock code is AAN.
• Vietnam Pharmaceutical Investment and Trading Joint Stock Company purchased nearly 1.5 million shares of Pharmedic Pharmaceutical Joint Stock Company (HNX: PMC) and became a major shareholder with a 15.89% stake as of February 11.

Source: BIDV Securities (BSC)