Foreign investors net bought US$2.8 billion in 2018, 2.3 times the figure in 2017. It was also a new record high for the Vietnamese equity market since 2008. - Photo vietnambiz.vnViet Nam News HÀ NỘI – The net value of foreign capital flowing into Việt Nam’s equity market in 2018 hit US$2.8 billion, according to State Securities Commission vice chairman Phạm Hồng Sơn. That figure was almost 2.3 times the figure of $1.23 billion in 2017 and set up a new record high of net foreign purchases since 2008, Sơn said at a meeting on Wednesday, adding foreign capital had started to leave other Southeast Asia markets. The total value of foreign investment in Việt Nam as of the end of 2018 was estimated at $32.8 billion. In 2018, the global economy saw strong growth amid worries about uncertain geo-political conditions, the US Fed’s rate hikes and trade tensions between the biggest economies. Those worries were reflected in … [Read more...] about 2018 a banner year for local equity market
Equity market
Vietnam’s equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. (Photo: vnexpress.net) Hanoi (VNS/VNA) - Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 percent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Hanoi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on … [Read more...] about Vietnam’s equity market to thrive in 2019
Vietnam equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.– Photo vnexpress.net The benchmark VN-Index on the Ho Chi Minh Stock Exchange finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 per cent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Ha Noi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on April 6 after having gained substantially by 87 per cent since January 22, 2016. But in the last eight months, the two indices of the Vietnamese equity market have disappointed many investors … [Read more...] about Vietnam equity market to thrive in 2019
Viet Nam equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.– Photo vnexpress.net Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. The benchmark VN-Index on the Ho Chi Minh Stock Exchange finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 per cent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Ha Noi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on April 6 after having … [Read more...] about Viet Nam equity market to thrive in 2019
For a more transparent and fair equity market in Vietnam
The technical cooperation project (start from early 2019, and continue for three years) aims at improving the capacity of the State Securities Commission (SSC) and two Stock Exchanges (SEs) in Hanoi and Ho Chi Minh city to conduct market surveillance, supervise market intermediaries, manage listing and public offering, and raise the awareness of investor protection among enterprises’ leaders. Accordingly, the Japan International Cooperation Agency (JICA) will provide supports through various activities such as review on current framework, close consultancy, capacity building on various related matters, and update of internal operation manual/guideline and/or revision of legal framework. Photo: Quynh AnhThe project was also prepared in the context of the implementation of “Strategy for development of Vietnamese securities market for the period of 2011-2020” approved by the Prime Minister in 2012, which outlines clear visions to enable the Vietnamese security market to … [Read more...] about For a more transparent and fair equity market in Vietnam