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Update news VN Index
VietNamNet Bridge - Vietnam stock indexes have gained new highs recently. However, the rise of large-cap stocks has stalled, while mid-caps are attracting cash flow again after a correction period.
VietNamNet Bridge - The continued downward trend of the stock index has caused losses of trillions of dong to Vietnamese billionaires.
VietNamNet Bridge - Foreign capital flow, which was behind the strong rise of the Vietnam stock market in 2017, is expected to help the VN Index reach new highs in 2018.
VietNamNet Bridge - Commercial banks say that people are converting dollar into dong and investing dong in securities.
Vietnam finally gained a high GDP growth rate of 6.81 percent in 2017, which was higher than the targeted 6.7 percent which many analysts thought would be unattainable. Will it occur again this year?
The technical breakdown at HOSE (HCMC Stock Exchange) on January 22 causing a 2-day interruption is estimated to have caused a loss of hundreds of billions of dong.
With the VN Index increasing sharply by 48 percent in 2017, stocks were the assets with the highest profitability. No other assets, except bitcoin, brought such impressive profits.
VietNamNet Bridge - Vietnam Airlines, Vietjet, Petrolimex, VP Bank and Vincom Real were the five ‘blockbusters’ that significantly increased the capitalization of the stock market.
VietNamNet Bridge - 2017 was a good year for Vietnam’s banking sector with big profits for many banks and a decreased bad debt ratio.
VietNamNet Bridge - The Vietnamese stock market in 2017 saw stock prices escalating, but not all investors could make money.
Vietnamese shares ended on a positive note on Friday as large-cap stocks remained positive and banks continued to draw investors’ attention for full-year earnings prospects.
The VN Index increased by 12.86 points on November 20, by 14.75 points on November 21, and 14.36 points on November 22. By November 24, the index had risen by 98.29 points, or 11.7 percent.
VietNamNet Bridge - More and more foreign capital is being poured into Vietnamese companies as the government speeds up the equitization and divestment process.
VietNamNet Bridge - The VN Index this year has reached new highs, with the 1,000 point threshold, an all-time high, expected to be very near.
The VN Index increased by 35.8 percent by November 20 compared with the 2016 closing trading session, making the stock market one of the fastest growing markets in the world.
VietNamNet Bridge - Wealthy Asian investors have been bringing billions of dollars to Vietnam and hunting for big investment opportunities.
VietNamNet Bridge - The Vietnamese stock market on November 7 witnessed its biggest-ever transaction: 415 million VRE shares of Vincom Retail, worth $740 million, were transferred within one trading session.
VietNamNet Bridge - The list of the richest stock billionaires has changed recently with the appearance of many new names after their businesses listed shares on the bourse.
VietNamNet Bridge - Foreign investors have poured trillions of dong into shares of large infrastructure companies which promise modest but stable profits.
VietNamNet Bridge - Analysts from SSI (Saigon Securities Incorporated) believe that Vietnam may have 30 businesses with capitalization value of over $1 billion by 2018.