- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news VN Index
Some government officials say Vietnam needs to attract ‘eagles’, as it calls big and 'super-big' investors, to help upgrade the stock market.
While in developed markets, corporate bonds act as the major channel that conducts capital for the economy, in Vietnam it is still in a very early stage of development.
As of the end of 2019, the capitalization value of the securities market at HCM City Stock Exchange (HOSE) had reached 3.28 million of billion of VND, or 54.3 percent of GDP with 2.3 million investors’ accounts.
A report from the Hanoi Stock Exchange (HNX) showed that the biggest corporate bond issuers in H1 were enterprises related to the richest billionaires.
The Vietnamese stock market may have found a new equilibrium in current price areas, according to Mirae Asset.
Many listed companies plan to buy tens of trillions of dong in treasury stocks.
A large amount of cash released in quantitative easing packages by central banks will be an abundant source of capital for the domestic stock market in the near future.
Disappointed by modest bank deposit interest rates, people are rushing to trade securities to seek higher profits.
As many as 102,000 trading accounts opened in the last months, showing the attractiveness of the stock market.
The Ministry of Finance (MOF) has proposed raising the limit of credit for securities investments as a solution to help businesses seek capital.
The stock market experienced a sharp decline in Q1. KIS Vietnam has advised investors not to ‘sell in May and go away’.
The number of securities companies that saw profits decrease or took losses in Q1 were much higher than the number of companies that maintained growth.
Experts all think the appearance of a new cash flow for bottom fishing will help the stock market recover after a strong correction during Covid-19.
The number of newly opened accounts has reached a record high at a time when the stock market has fallen sharply.
Signs of recovery appeared last week as the stock price stopped sliding.
Tens of listed companies plan to spend trillions of dong to buy treasury stocks in an aim to prevent stock prices from falling.
As the covid-19 epidemic has been escalating, the market capitalization value has been sliding. Market losses have reached $44 billion.
The VN Index has decreased by 156 points, or 17.7 percent, since the beginning of March.
Securities companies have launched many support packages and incentives to retain investors while waiting for state management agencies to apply measures to revive the stock market.
The Vietnamese stock market had a tough time throughout February with most stocks weakening amid concern about the global spread of the coronavirus disease(COVID-19).