Market
Morning News 12/3: The United States launches trade investigations against a number of countries
Updates on global and Vietnamese macroeconomic developments, international and domestic stock market movements, and noteworthy information about listed companies.
Macroeconomic News
- United States: U.S. CPI for February rose 2.4% year-on-year, in line with the forecast of 2.4%; Core CPI (y/y): 2.5% (Forecast: +2.5%).
- According to Nikkei: Conflict in Iran increases risks to helium supply for the chip manufacturing industry in South Korea and Taiwan.
- IEA: 32 member countries of the International Energy Agency agreed to supply 400 million barrels of oil from their emergency reserves to the market to curb rising energy prices.
- EU: The European Union warns that inflation could exceed 3% in 2026 if Brent crude oil prices remain near $100 per barrel and natural gas prices stay high.
- United States: President Trump signaled that the US would use oil reserves to curb rising energy prices.
- United States: The US government has launched a new Section 301 trade investigation into excess industrial capacity at 16 major trading partners, including Vietnam, with the aim of restoring tariff pressure after the Supreme Court struck down the core of President Donald Trump's tariff program last month.
- Vietnam: Gasoline and diesel prices have fallen sharply.
- Vietnam: Legal framework for promoting offshore wind power development finalized.
- Vietnam: Dong Nai establishes a drafting committee for a proposal to establish a city directly under the central government.
- Vietnam: Ho Chi Minh City seeks investors for a social housing project worth over 2.7 trillion VND.
Market news
- SHB: Dragon Capital, KIM, Hanwha Life, Vina Capital, and a number of large funds participate in investing in SHB.
- GAS: GAS welcomes the first LNG ship of 2026, departing from the Strait of Hormuz just before the Middle East conflict.
- Green Electronics: Green Electronics finalizes an IPO of nearly 180 million shares, with an offering price not lower than 16,163 VND per share.
- ITA: ITA aims for a profit of 230 billion VND in 2026 if legal issues are resolved.
- NTL: NTL plans to invest an additional 150 billion VND in securities following the historic plunge of the VN-Index.
- TCO: TCO plans to invest 200 billion VND in lithium battery production, exiting the rice industry.
- MSN: Mr. Danny Le, CEO of Masan Group Corporation, has registered to purchase 5 million MSN shares between March 16 and April 14.
- GEE: GEE has paid an interim dividend for the second half of 2025 at a rate of 25%.
- BQP: Binh Thuan High-Quality Plastics (BQP) has submitted an application to list 18.5 million shares on the HOSE.
- IDP: Lof International Dairy has set a profit target for 2026 that is 2.4 times higher, with an expected dividend of 20-80%.
- TBC: Thac Ba Hydropower has set a 2026 profit target of a 13% decrease.
- ANV: Nam Viet Joint Stock Company has announced that Mr. Doan Chi Thien, Deputy General Director, intends to purchase 1 million shares for personal purposes.
View other reports & investment recommendations here.
Source: BIDV Securities (BSC)