The consumer outlook report from VNDirect Securities Corporation shows that the pent-up consumption trend during the pandemic is gradually decreasing in the context of rising interest rates and a weakening Vietnamese dong making consumers tighten their purse strings.
Technology and telecoms businesses are expected to continue benefiting from the growth of the digital economy in Vietnam, which is showing a strong performance in the commercialisation of the 5G network.
Most steel companies recorded gloomy business results in the third quarter of 2022, according to a recent report on the construction and building materials industry by VNDirect Securities Corporation.
VNDirect Securities Corporation estimates that about 83.5 trillion VND (3.5 billion USD) will be added to the economy after some banks continue to adjust their credit growth limits for this year.
The Ho Chi Minh Stock Exchange (HOSE) recently announced the market share of brokerage transaction value in the third quarter of 2022. And there are big changes among the top 10.
Credit growth will expand significantly from Quarter 2 and exceed the State Bank of Vietnam (SBV)’s target of 12 percent for the year as a whole if the pandemic is brought under good control and the vaccination campaign proves effective, according to insiders.
As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.
In a report on the prospects for the banking industry this year, analysts from the SSI Securities Corporation forecast that banking profits will bounce bank in 2021.
Vietnam remains a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell.
VNDirect Securities Corporation has launched an electronic platform to help customers make secure and fast identification without meeting the teller directly.
It may take Vietnam two years to get upgraded to emerging market level from the current frontier market classification, VNDirect Securities Corporation said in its 2020 outlook.
SSI Securities Corporation (SSI) again had the biggest stock-brokering market shares on both Hop Chi Minh and Hanoi stock exchanges in the third quarter of the year.
VNDirect Securities Corporation (VNDS) expects its post-tax profit to grow 31 percent year on year in 2019 to 487 billion VND (20.9 million USD), attendees heard at the firm’s annual shareholder meeting on April 18.
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