Market analysts and experts have forecast a brighter outlook for the stock market in 2020, but challenges remain arising from internal and external influences.

The business results of listed enterprises in the first nine months of this year are not so poor. However, uncertainty about the result of talks over the Sino-U.S. trade war makes it harder to forecast the development of Vietnam stock market.

After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.

Vietnamese shares may bounce back next week as investors will seek stocks that suffered sharp falls in previous sessions, analysts said.

The VN-Index had rallied between the end of October and the beginning of November, with strong growth of large-cap firms.

Domestic stocks managed to recover after three consecutive falling session today, November 12, but still failed to stage a strong rally as foreigners heavily offloaded shares of dairy giant VNM.

Indeed, Vietnam’s securities markets have come a long way since World Trade Organization accession in 2007 – or have they?

The VN-Index is expected to enter an uptrend towards a new resistance zone after successfully penetrating the psychological resistance mark of 1,000 points, analysts said.

Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

The VN-Index is forecast to face correction pressure when approaching the 1000-point milestone this week as market sentiment is responsive to global market fluctuations, analysts said.

Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.

Taiwanese investors are making their way into Vietnam’s stock arena, lured in by a fast-growing economy and a more mature financial market. However, some hurdles need to be removed to attract more capital. 

Vietnam’s benchmark VN-Index has risen since the ratification of the EU-Viet Nam trade agreement on the back of listed firms whose exports would be boosted by the deal.

Vietnam’s benchmark VN-Index has risen since the ratification of the EU-Vietnam trade agreement on the back of listed firms whose exports would be boosted by the deal.

Vietnam plans to launch new rules that make it easier for foreign-invested enterprises to list on domestic stock markets, amid necessity to draw in international capital. 

Vietnamese shares may continue falling this week as investors remain pessimistic about economic and business prospects in 2019.

Many big-cap stocks closed down on April 10, leading the VN-Index of the Hochiminh Stock Exchange to inch down for the second straight session this week.

Recent index falls could trigger another correction in Vietnam’s stock market, despite a positive long-term outlook among foreign investors.