Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into the market pushed liquidity to a record high level. However, the new proposal may not only prevent new investors from entering the market but also discourage existing investors. “The plan to raise the minimum trading lot to 1,000 shares could quickly reduce the number of orders delivered daily on HOSE. However, it will cause frustration among small investors who are directly affected by the plan as they think they are not protected,” said Do Bao Ngoc, Deputy General Director of Kien Thiet Securities Vietnam (CSI). “This plan, if in place, will affect the rapid development of the stock market under the current favourable conditions, one of which is great interest from global investors,” he said. “Under the new plan, the most affected are the investors whose trading accounts have VND1 billion or less,” said Nguyen Hoang Hai, Vice Chairman of Viet Nam Association of Financial Investors (VAFI) According to VAFI statistics, investors whose trading accounts have VND500 million or less …
Net profitability
Swedish initiative invites men to talk about gender equality
The Embassy of Sweden Hanoi has just introduced "globalguytalk" initiative in Vietnam, on the International women's day 2021. The aim is to start conversations between men that can influence attitudes and increase gender equality. Swedish Ambassador Ann Måwe speaks at the event "In collaboration between the non-profit foundation Make Equal, the Swedish Institute “guy dinner” now goes international and becomes #globalguytalk. It is exciting to launch it in Vietnam today. The aim is to give men the chance to participate in conversations about how norms and expectations form them, and how they can contribute to creating a more equal society", said Swedish Ambassador Ann Måwe at the opening of the event on March 8 in Hanoi. "The overall objective of gender equality is a society in which women and men enjoy the same opportunities, rights, and obligations in all spheres of life. One part of achieving that is for men to understand their chance to be a part of positive change and to reflect on their own situation. My belief is that it is necessary for a healthy family relationship that men talk to each other and overcome prevailing patriarchal mentalities of not sharing emotions", Ambassador Måwe added. #globalguytalk can be seen as a follow-up to the highly appreciated photo exhibition Swedish Dads by photographer Johan Bävman – shown in over 70 countries worldwide including Vietnam. This inspired quite a few similar initiatives in Vietnam during the last few years including Vietnamese Dads and Equal Families. With #globalguytalk we wish to build on the experiences from Swedish Dads – stepping up the work with men and boys in support of a gender equal society. The first #globalguytalk in Vietnam is arranged in cooperation with the Vietnamese Women Museum. Nguyen Hai Van, Director of the Vietnam Women's Museum said "Besides preserving and introducing the heritage of Vietnamese women to the public at home and abroad, the …
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Need for F0 investors to diversify
Future opportunities Many international organizations point out that the world has few options left, aside from continuing to pump money to support the economy. Even when vaccines prove effective, the low-interest policy of the Central Bank will remain. The loosening of monetary policy has also been raised to a higher level, when the Central Bank of China, South Korea, and Thailand added new weapons such as the Central Bank Digital Currency (CBDC). Accordingly, the loosening of monetary policy will not stop, even when the Central Bank has been digitized. This is consistent with the 4.0 era, as well as with the method to tackle the ongoing pandemic. Even after the pandemic ends, there will be many changes in business thinking as businesses will have more plans, products and services, and allow much more flexibility. So the stock market will be strongly supported by policy as well as transformation of the economy and enterprises. Therefore, the Vietnam stock market with companies and enterprises that apply well and create business efficiency will help attract more investment capital, thereby positively affecting the stock price. When the vaccine becomes widely effective, many industries will recover again and the economy will revive and so will the stock market. In addition, the world stock market will continue to rise to new heights, which will also support Vietnam's stock market. The control of the disease, and reasonable macro-management will help in attracting Foreign Direct Investment flow. This foreign cash flow will soon lift the market along with capital flow of individual investors, F0 investors, and strong domestic organizations. Concerns of market rise If we want the stock market to maintain a growth rate after a hot rise, as in 2020 that saw a huge level of liquidity, more cash flow and a faster economic recovery is needed. As the economy goes on a recovery momentum, financial assets have increased hotly which may easily lead to the phenomenon …