At the event (Photo: VNA) Hanoi (VNA) – Real estate, consumer finance and construction are bright spots ininvestment, experts said at a webinar co-hosted by the DragonCapital VietFund Management Company (DVCFM)and news website VnExpress on September 28.
Accordingto the Backbase’s report on the state of banking and financial wellness inAsia-Pacific, 67 percent of the Vietnamese consumers are stressed about theirfinancial situation while 33 percent have problems in portfolio management.
Meanwhile, data fromthe DCVFM showed that capital flows to securities market by domestic andforeign investors keep increasing. So far, capitalisation of the market hasreached nearly 300 billion USD, or 60-70 percent of credit volume in the economy withmore than 825 million USD being liquidated each day.
Le Anh Tuan,Director of Investment Planning at the DVCFM, said the securities market isgradually becoming an ideal asset accumulation channel in Vietnam, given lowinterest rates at present.
He also advisedinvestors to take caution in investment strategy instead of focusing on timingto join the market.
Tuan added that realestate, consumer finance, construction and manufacturing will recover morestrongly than other sectors thanks to the strategy of living with the pandemicvia vaccinations, macro-economic stability, reasonable inter-bank and depositrates, and rising foreign direct investment./.
