Tìm điểm sáng đầu tư sau cú rơi của thị trường

Key Points

• Market downturn creates investment opportunities.
• Focus on sectors less affected by US tariffs.
• Real estate (civil & tourism) and public investment are highlighted.
• Banking and domestic retail are also potential sectors.
• Market correction is a chance to position for a new cycle.

Detailed Summary

• Strong selling pressure due to US tariffs has created attractive discounts in the stock market, presenting an opportunity for investors to seek potential sectors.
• Expert ThS. Đoàn Minh Tuấn from FIDT suggests focusing on sectors **less dependent on exports and FDI**, such as **civil real estate and tourism**, which mainly serve the domestic market and are unaffected by tariffs.
• The real estate sector is supported by new legal frameworks (3 Real Estate Laws in 2024), efforts to resolve legal issues for businesses, and the trend of forming "super-cities" by merging provinces.
• **Public investment** is another promising area, driven by the government's focus on infrastructure development, especially in the South with a budget of 1 million billion VND.
• Loose monetary policy, low interest rates, and favorable loan packages further support these sectors. Real estate prices are already reacting positively in areas expected to become "super-cities" like Bà Rịa - Vũng Tàu and Bình Dương.
• Key infrastructure projects like Ring Road 3, Bến Lức - Long Thành Expressway, and Biên Hòa – Đồng Nai Expressway enhance the potential of these regions.
• Public investment is crucial for achieving the 8% GDP growth target, especially with export pressures. Q2/2025 is expected to be strong for public investment, with many projects being accelerated for the 50th anniversary of Reunification.
• Notable projects include T3 Tan Son Nhat Airport and North-South Expressway. Government is also addressing BOT project issues and supporting public investment firms via Decree 71/2025/NĐ-CP.
• Other sectors to consider include **banking** (focus on domestic lending, less on trade finance; VIB, ACB, HDB mentioned) and **domestic retail**, which are less impacted by tariffs.

Conclusions

• Market correction offers a chance to invest in promising sectors.
• Real estate and public investment are highlighted as key areas due to domestic focus and government support.
• Banking and domestic retail offer diversification.
• Investors should calmly select potential sectors to capitalize on the new market cycle.