Tag: franchising in Vietnam

The VN-Index continued its upward trajectory, marking three consecutive weeks of gains since crossing above the 200-week SMA. Accompanying this rise is a surge in trading volume, which has exceeded the 20-week average since mid-November 2024. This indicates a positive shift in market participation. At present, the MACD indicator has just triggered a buy signal, crossing above the signal line. Should this momentum be sustained, the short-term outlook remains optimistic.

The VN-Index surged, closely hugging the upper band of the Bollinger Bands, reflecting a highly optimistic investor sentiment. The index has surpassed its previous peak of 1270-1285 points from December 2024 and is now approaching the crucial resistance level of 1300 points. A breakthrough above this level would further enhance the positive outlook. However, the Stochastic Oscillator indicator is venturing deep into overbought territory. Investors are advised to exercise caution in the coming period, as a potential sell signal from the indicator could trigger a shift in market dynamics.

The Becamex-VSIP joint venture proposes to develop a 3,000-hectare project in Dien Khanh and Ninh Hoa, divided into three key zones: industrial, urban, and service. This ambitious undertaking aims to create a thriving, well-rounded community by offering a diverse range of opportunities and amenities.