Tag: Nam Dinh

Unprecedented extreme weather events and record-breaking rainfall in recent times have posed unparalleled challenges to the operation of hydroelectric systems, particularly in the Central Highlands region of Vietnam. This area, already a hotspot for natural disasters, is also densely populated with small-scale hydroelectric plants, further complicating management efforts.

The VN-Index surged nearly 11 points in today’s session, reclaiming the critical 1,700 milestone after more than a month.

The VN-Index extended its winning streak to six consecutive sessions, breaking above the 50-day SMA and now hugging the Upper Band of the Bollinger Bands. This bullish outlook is reinforced by the MACD indicator, which continues to widen its gap above the Signal line. However, caution is warranted as the Stochastic Oscillator has ventured deep into overbought territory, leaving investors vulnerable to a potential sell signal in the coming sessions.