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.
The Vietnamese stock market continued to reach another historic record, with the largest number of new accounts opened in December after 21 years of operation.
The Vietnamese stock market will continue to be supported by a number of positive internal and external factors of the economy as well as the market itself in 2021, Ta Thanh Binh, Director of Securities Market Development Department under the State Securities Commission, told the press on January 19.
The Vietnamese stock market has flourished amid global uncertainties due to the COVID-19 pandemic, said Tran Van Dung, Chairman of the State Securities Commission (SSC).
Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.