Vietnams stock market

From just two companies joining the securities trading centre at the beginning, the market now features 1,600 listed companies across the two trading floors in Hanoi and Ho Chi Minh City with a market capitalisation of over VND4 quadrillion, accounting for 65% of the country’s GDP. … [Read more...] about Vietnam stock market must eye emerging market target: PM

According to KB Securities Vietnam Co (KBSV), liquidity of the banking sector is still abundant as overnight interbank rate is low at 2 per cent per annum and 10-year government bond rate is 3 per cent per annum – which are much lower than the average rate of frontier markets. … [Read more...] about Stock market may not enjoy lower lending rate impact: analysts

Hanoi (VNA) – Budget airline Vietjet has been listed among the top three best-performing companies on Vietnam’s stock market in 2019. The announcement on Top 50 “Vietnam’s Best-performing Companies” was made at a ceremony held recently in Ho Chi Minh City. The event honoured leading enterprises with the presence of many prestigious names on Vietnam stock market such as Vietjet, Mobile World, and Vietcombank. According to the results announced at the ceremony, Vietjet's SR-CAGR and ROE are 23 percent and 45 percent, respectively. With the market capitalisation reaching 2.23 billion USD, Vietjet is also among the largest capitalized enterprises on the stock market. Since the listing on Ho Chi Minh City Stock Exchange in 2017, Vietjet has always been among the top 3 best-performing companies receiving this honourable award. In 2019, Vietjet continued to maintain its leading position in Vietnam’s domestic market with the total number of transported … [Read more...] about Vietjet among top three best-performing companies on Vietnam stock exchanges in 2019

As a "barometer" of the economy and an important and effective capital mobilisation channel, as well as a window for Vietnam to connect with international financial and monetary markets, the stock market’s development has been defined as a consistent policy of the Party and State in the renovation and international integration processes, the government leader said, while acknowledging the efforts and achievements of the Vietnamese stock market during the past 20 years. During this “new normal” development period, the PM stressed the need to effectively take advantage of Vietnam’s success in curbing COVID-19 to resume and boost national socio-economic development, especially the attraction of domestic resources and international capital flows to meet huge financial needs, both in immediate and long-term run. The PM urged a breakthrough development in both the scale and quality of the stock market after 20 years of operation in order to better meet the needs of … [Read more...] about PM beats gong to mark 20th anniversary of Vietnam’s stock market

The maturity of Vietnam’s stock market is marked by the increasing interest of foreign investors, who are rising in number each year by 10 to 15 percent. As of the end of 2019, there were nearly 34,000 foreign investor accounts, with nearly 21 percent of market capitalisation. This figure, according to analysts, is still modest. … [Read more...] about 20 years of Vietnam’s stock market