Vietcap Securities notes that the VN-Index could potentially reach 2,033 points in 2026, representing an approximate 17% increase from the previous year. The primary drivers for this optimistic scenario are expected to be sustained high corporate profit growth and attractive market valuations.
A recent FTSE report suggests that Vietnam will represent 0.04% of the FTSE Global All Cap index, 0.02% of the FTSE All-World index, 0.34% of the FTSE Emerging All Cap index and 0.22% of the FTSE Emerging Index.
The VN-Index has been on a remarkable ascent, consistently breaking new milestones, bolstered by a robust influx of capital and the announcement of a market upgrade from FTSE Russell.
In his official dispatch on this issue, signed the same day, Prime Minister Pham Minh Chinh affirmed that this move is one of the key milestones in the more than 25-year development journey of Vietnam's stock market, creating a great opportunity for the country to attract foreign capital and increasingly integrate into the international financial system.
Once all conditions are met, Japanese firms can invest in the Vietnamese stock market, and some of its hot and newly listed stocks right from the IPO stage.
Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year despite foreign investors’ heavy net selling.
More than 163,000 new stock trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months.
Vietnam stocks are among the best performers in Southeast Asia to start 2024, and the VanEck Vietnam ETF (VNM) is participating in the rally, reported etftrends.com, a US newswire on March 19.
Foreign investors have increased their net buying since the end of September, indicating that they still see the bright prospects of Vietnam’s economy and find its stock market attractive in the medium and long term.
The Vietnamese stock market has become a reliable destination for many investors worldwide in recent years, especially those in the Asia-Pacific, said Chairwoman of the State Securities Commission Vu Thi Chan Phuong.
The Ho Chi Minh Stock Exchange (HOSE)'s total revenue in 2022 reached over 2.5 trillion VND, down 23% compared to 2021, the country’s major bourse has announced.
The number of newly-opened securities accounts in March plunged to the lowest in the past two years, marking the sixth consecutive month the market did not record more than 100,000 new accounts, according to the Vietnam Securities Depository (VSD).
The State Securities Commission of Vietnam (SSC) and the Japan International Cooperation Agency (JICA) on March 21 co-organised a workshop to end a four-year project on capacity building for the improvement of the Vietnamese stock market’s fairness and transparency.
The relatively low devaluation of the VND against the USD in comparison with that of other currencies in the region shows that the Vietnamese stock market remains an attractive destination for investment flows, as uncertainties persist in most of the global financial market, according to a weekly investment strategy report of the Vietcombank Securities Co., Ltd (VCBS).
The Vietnamese stock market has just closed the first half of a rough November with a forgettable session. Selling force weighed on most of the industry groups, with the whole market recording nearly 400 stocks hitting floor prices.
The Vietnamese stock market witnessed a strong correction recently, mainly due to international macroeconomic factors, including global soaring inflation and the US Federal Reverse rate hikes.
The Vietnamese stock market has witnessed drastic changes in both quality and quantity in 2021 and the trend will continue this year, BIDV Securities Company said in a recent report.
