Investors seeking opportunities in the Vietnamese stock market for the first quarter of 2025 are exploring various strategies to navigate its unique challenges. A cornerstone of these strategies is the CANSLIM approach, which identifies high-potential growth stocks based on criteria such as earnings acceleration, market leadership, and overall strength. With over 1,500 listed companies on the Vietnamese stock exchange, it’s noteworthy to realize only about 1% to 2% might fully meet CANSLIM’s rigorous standards.
Recently, investment expert Đặng Hồng announced four notable stocks recommended for Q1 2025, including Công ty Cổ phần Nhựa Thiếu Niên Tiền Phong (NTP), Công ty Cổ phần Vận tải và Xếp dỡ Hải An (HAH), Công ty Cổ phần May Sông Hồng (MSH), and Ngân hàng TMCP Quân Đội (MBB). According to Hồng's findings, detailed analysis of these stocks revealed potential for growth, providing valuable insights for local investors deliberative about building their portfolios.
Investment strategies within the Vietnamese market must combine long-term and short-term tactics effectively, as articulated by Nguyễn Việt Đức, the Business Director at VPBank Securities, during the "Việt Nam và các chỉ số" program. He expressed, "Chiến lược đầu tư phải kết hợp giữa dài hạn và ngắn hạn," emphasizing the necessity of agility due to the unpredictable nature of the market.
Vietnam's stock market often struggles to maintain consistent growth seen by international counterparts. Therefore, expert recommendations suggest allocating up to 70% of investments toward long-term assets—stocks, bonds, and gold, complemented by 30% focused on short-term trading opportunities. This strategy aims to capture the volatility of the VN-Index, which has often fluctuated around the 1,300-point mark, with expectations to reach 1,310 - 1,315 before potential corrections occur.
Despite recent challenges with foreign investors selling stock, optimism remains among analysts, with sentiments indicating, "Dòng tiền quốc tế sẽ trở lại" (International capital will return). This glimmer of hope is based on growing global interest and strategic shifts occurring as older markets tinker with tax and tariff regulations.
The CANSLIM portfolio has included prominent sectors primarily pegged for performance which were emphasized by Hồng. The four targeted stocks uniquely align with current trends and anticipated economic conditions, providing investors with actionable insights to optimize returns.
Notably, each of the discussed stocks presents unique market strengths. For example, NTP stands firm due to its strong market position, whereas HAH boasts substantial logistics and transportation strengths. Meanwhile, MSH is gaining traction due to favorable trends within the garment industry, and MBB remains attractive by consistently demonstrating solid banking practices, which reflects stability attractive to investors.
To manage risks effectively, investors are encouraged to establish clear entry and exit points. This tactical approach ensures safeguarding investments against common market fluctuations. Using recent indexes as benchmarks for performance can positively affect decision-making, leading to timely trades around the highs and lows of market cycles.
One example of tactical investment opportunities is to sell off short-term positions if the VN-Index peaks just under the 1,310 - 1,315 range, encouraging investors to observe price fluctuations before re-entering the market at more advantageous prices. This maintains sufficient liquidity, allowing for reinvestments when desirable opportunities arise.
Given the current market climate and global influences, diversification remains pivotal. Allocations of around 10% for gold are prudent, functioning not just as protection against inflation but maintaining portfolio robustness against the shifts of risk assets. Historical performances show gold's cyclic nature, making it invaluable during certain market conditions, especially during inflationary periods.
Optimal portfolio management reflects manageable risks. Hence, investing around 30% of holdings on short-term trades affords flexibility to respond to immediate market conditions, which can drastically shape overall performance results.
Potential shifts are being eyed closely as market assessments suggest adjustments may create opportunities for growth. The insights shared by market analysts encourage proactive behaviors among investors, highlighting the importance of staying attuned to global markets.
Through careful consideration and strategic moves based on the outlined principles, investors can navigate the complex Vietnamese stock market. The predictions for Q1 2025 underline both opportunities and challenges, compelling investors to embrace diversified strategies for achieving sustainable growth and profitability.