Market
Morning News 3/3: Finalizing the "overall design" of Vietnam's growth model until 2045
Updates on global and Vietnamese macroeconomic developments, international and domestic stock market movements, and noteworthy information about listed companies.
Macroeconomic News
- US-Israel-Iran Conflict: Iran attacked an oil tanker in the Strait of Hormuz, and retaliatory strikes have so far targeted 500 locations linked to the US and Israel in the Middle East.
- US-Israel-Iran conflict: The US Embassy in Saudi Arabia is suspected of being hit by an Iranian UAV.
- France: Will increase the number of nuclear warheads and expand deterrence cooperation with European allies, amid an international security environment that is considered increasingly "unstable and unpredictable."
- S&P Global: Vietnam's manufacturing PMI for February 2026 reached 54.3 points - the highest in the last four months, extending the improvement streak to eight consecutive months.
- General Secretary: Finalize the 'overall blueprint' for Vietnam's economic growth model until 2045. Do not trade growth for inflation and asset bubbles.
- Standing Committee of the National Assembly: held a meeting (second time) to discuss preparations for the First Session of the 16th National Assembly, expected to focus on organizational structure and economic policies for the new phase.
- Ministry of Finance: Cumulative import-export turnover as of February 15, 2026 reached USD 130.18 billion, up 36.9% compared to 2025. Exports of electronics, computers, and components increased by 49.4%, which is the main growth driver from high-tech manufacturing.
- Ministry of Industry and Trade: Issued an urgent recommendation on the impact of the Middle East conflict (US-Israel attack on Iran) on Vietnam's supply chain and energy market, warning of the risk of supply disruptions and short-term fluctuations in gasoline and diesel prices.
Market news
- VN-Index: fell more than 34 points during the day, closing at 1,846.10 points. The market breadth leaned toward the negative side with 13 out of 18 sectors declining. On the other hand, the Oil & Gas and Chemicals sectors rose sharply due to the impact of the Iran war threatening global energy supplies. Investors should trade cautiously in the coming sessions; the next support zone for the VN-Index is 1,820 – 1,840.
- The S&P 500 rose slightly after falling sharply at the start of the session on March 2, as investors rushed to buy the dip amid market corrections.
- GVR: The Government Inspectorate announced the conclusion of a comprehensive inspection of the Vietnam Rubber Industry Group (VRG), pointing out a series of serious shortcomings in financial management, investment, and land use; recommending financial penalties involving large sums of money and demanding comprehensive improvements in the group's governance.
- VIC (Vingroup): Officially announced the issuance of two international bond tranches (codes VIC123028 and VIC123029), with a maximum expected fundraising scale of USD 350 million from the foreign capital market to supplement long-term financial resources.
- PNJ: Announced the decision to contribute capital to establish a subsidiary named An Tin Asset Solutions Joint Stock Company.
- FPT: A Vietnamese doctor ranked among the Top 150 global AI leaders has become FPT's Chief Technology Officer.
- DPM: announced production and business results for the first two months of the year, with many indicators exceeding the plan.
- DXG: Receives transfer of an 8.6-hectare project in Di An.
Source: BIDV Securities (BSC)