Thanks to positive signs in COVID-19 prevention, the VN-Index had a fabulous run since early April.

The finance ministry’s recent cut and exemption of some securities service fees won't urgently help soothe investor nerves over the spread of the COVID-19 and more strong measures are needed to support businesses, analysts have said.

Latest reports from investment funds in February show they have suffered from the decline of the market amid the global spread of coronavirus, or COVID-19.

The successful equitisation and capital divestment of State-owned enterprises (SOEs) would create benefits that boosted the stock market and business performance, experts have said.

As the coronavirus is going global, the local stock market is forecast to experience continued volatility next week, according to securities firms.

Local stocks are forecast to struggle in a narrow range next week as investors are still uncertain about the prospects of the market and especially businesses hit by the coronavirus outbreak.

The move reflected Pyn Elite Fund’s view of Vietnam’s positive economic outlook and the robust profit growth of listed companies, as well as its belief in the continuous modernization of Vietnamese financial market.

Though the current legal regulations allow foreign investors to fully own a local firm, the investors still face hindrances to pour funds into some conditional business lines.

The Ho Chi Minh Stock Exchange (HoSE) plans to introduce a new index that contains foreign-ownership-capped shares.

The market sentiment will remain lateral in September weighed down by global economic and political tensions while trading quiet amid speculations of Q3 corporate earnings.

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.

Rising fears about the US-China trade war are forecast to continue to drag down market sentiment and dampen investor confidence.

As the Vietnamese stock market has been volatile in recent months, many listed firms have given up on plans to issue shares to raise charter 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.

 Investment banking (IB) is a difficult business, which explains why only a few Vietnamese companies can carry it out, though the market is valued at billions of dollars.

After 10 long years, the VN-Index has again gone past the 800-point mark. Viet Nam News speaks with Steven Mantle, offshore fund raising director of Vietfund Management, about the market and VFM’s funds.

The Government has issued Decree No 86/2016/ND-CP (July 1, 2016) governing requirements applicable to securities investment and business activities in Viet Nam.