The economy grew at 6.7 per cent in the second quarter. The foreign-invested sector is considered a key player in helping Viet Nam achieve such growth rates through its exports.
Viet Nam’s securities market may be upgraded to the emerging market status from its current frontier market by 2020, according to the latest SSI Retail Research.
Airports Corporation of Viet Nam (ACV) is expected to reach VND18.04 trillion (US$789.2 million) in accumulated revenue this year, marking an increase of 13 per cent compared to last year.
Pre-tax profit of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will hit a new record high of VND13 trillion (US$572.69 million) in 2018, up 26.8 per cent against this year, the SSI Retail Research forecast.
Overnight interest rates in the inter-bank market hit a two-month high but liquidity of the banking system remained stable, a report from SSI Retail Research showed.
Analysts of the Retail Research and Investment Advisory Division at Saigon Securities Incorporation (SSI) have predicted 2017 will be a challenging year for banks to increase their Net Interest Margin (NIM).