vietnam's stock market

Update news vietnam's stock market

Potential upgrade to emerging status may pull US$25 billion into VN stock market

The local stock market's upgrade from the frontier to emerging status by 2025 remains critical to the country’s transformation into a high-middle-income country by 2035 and a high-income country by 2045.

PM Chinh chairs conference on stock market development

Prime Minister Pham Minh Chinh chaired a conference to perform the task of developing the stock market in the year ahead, with the event jointly organized by the Ministry of Finance and the Government Office on February 28 in Hanoi.

Investors sitting on US$3 billion in their accounts

Tens of billions of VND of capital are in investors’ accounts. Reports show that the total deposit balance at securities companies had reached VND83 trillion as of the end of 2023, or $3.3 billion.

Stock market continues upward trend, capitalisation up by $27.5bil in 2 months

The stock market in Việt Nam has begun an upward trend since mid-December 2023 and has experienced almost no interruptions so far, gaining over 130 points, approximately 12 per cent.

Vietnam Stock Exchange’s revenue down nearly 44% in 2023

The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND (78.26 million USD) in 2023, down nearly 44% compared to the previous year.

First trading session of Ho Chi Minh Stock Exchange opens after Tet holiday

The Ho Chi Minh Stock Exchange (HoSE) began its first trading session following the Tet (Lunar New Year) festival with a gong-beating ceremony on February 19, the 10th day of the lunar year.

Investors hold trillions of VND, await stock market boom

Cash in investors’ accounts is expected to be disbursed once the stock market heats up, analysts say.

PM instructs action for VN stock market upgrade

Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.

Securities companies’ outstanding loans reach record high

Though their outstanding loans have reached a 2-year high, securities companies have reported profit falls, while market liquidity is declining.

Securities companies bullish on Vietnamese stock market

Securities companies have optimistic forecasts about the Vietnamese stock market in 2024 and believe that the VN-Index will return close to its historical peak.

Government requires securities investor data cleansing by March

Prime Minister Pham Minh Chinh on February 11 signed Directive No 04/CT-TTg which focuses on strengthening the implementation of the initiative to develop data applications related to population, identification, and electronic authentication

Snapping a long net selling streak, foreign capital returns to HoSE in Jan

On HoSE, foreign investors net bought a value of VNĐ186 billion in January 2024, equivalent to 64.7 million shares.

Investors still buying stocks ahead of Tet holiday

Tet holiday is about to begin, but securities investors are busy collecting shares which now have reasonable prices.

Ministry of Finance outlines tasks for upgrading stock market by 2025

To achieve the goal of upgrading the stock market as early as 2025, the Ministry of Finance in 2024 must undertake various tasks in coordination with other ministries and sectors for implementation.

Market expected to continue recovery

The market performance last week indicated strong differentiation with short-term capital flows showing positive rotation within each group and stock.

Experts explain investors’ net selling in 2023

The scenario in which the US Federal Reserve lowers interest rates will also stimulate cash flow from the currency market back into international capital markets.

Foreign capital expected to return to Vietnam’s stock market

If the stock market is upgraded to emerging status, the potential influx of foreign capital could range between $5 and $8 billion.

2024 promises better opportunities for stock investors

Ups and downs in the stock market were seen in 2023, but recovery was still the general trend. Better opportunities are expected to come this year.

10-15% earnings growth forecast in 2024 for listed companies

Listed companies’ earnings growth is expected to recover from zero last year to 10-15% this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.

Outstanding events of VN stock market in 2023

Many noteworthy events occurred in the local stock market throughout the year.