After 25 years of development, the Vietnamese stock market is playing a more important role in attracting capital, supporting the commercial banking system. Therefore the target is to turn the market into the main channel of medium and long-term capital for the economy.
The 33rd ASEAN Capital Markets Forum (ACMF) Chairs’ Meeting was held via video conference on December 9 as the final event among the activities within the scope of the ACMF in 2020 held under the chair and coordination of Vietnam’s State Securities Commission (SSC).
Vietnam’s stock market has recovered quickly and strongly since the COVID-19 outbreak was brought under control and losses incurred earlier in the year have been reclaimed, a discussion in Hanoi on October 21 heard.
Brokerages have forecast that the benchmark VN-Index on the Ho Chi Minh exchange may approach 900 points by the end of this year despite worries over a second wave of the coronavirus pandemic.
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).
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) picked up 10.41 points to reach 961.3 points on February 18, the first day of the week.
The net value of foreign capital flowing into Vietnam’s equity market in 2018 hit 2.8 billion USD, according to State Securities Commission Vice Chairman Pham Hong Son.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.32 points to hit 1,011.29 points at the end of September 24, with 186.72 million shares traded worth nearly 4.39 trillion VND (188.32 million USD).
The derivatives market has grown strongly over the last three months as investors switch from stocks to derivatives to avoid short-term risks on the stock market.
Despite the effects of the US’s tariff measures on 34 billion USD of Chinese goods, Asian stock markets made a recovery, including the domestic stock market which was thriving once again on July 6 after reaching the rock-bottom a day earlier.
Yeah1 Group Corporation listed more than 27.36 million of its shares on the HCM Stock Exchange (HOSE) on June 26, becoming the first ever entertainment company to list.
After losing up to 15 points on June 14, the VN-Index of the Ho Chi Minh Stock Exchange (HoSE) struggled to regain lost ground, ending up just nearly 1 point from the previous day.
Shares rose for the fourth consecutive day on February 28 on the HCM City Stock Exchange, largely on the strength of a handful of banking and energy blue-chips.
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