Although 2023 is forecast to be a difficult year, many securities companies still set a target of positive profit growth in 2023, besides some other adopting more prudent plans.
The abundance of capital based on low-interest loans has helped those firms offer lower margin lending rates to investors, thus gradually winning the market shares from local companies.
While brokerages are forecasting shares to climb higher this week, market experts expect they will correct first before advancing to the next support zone.
The city of Da Nang has issued a document requesting the management and supervision of real estate brokerages and land transactions be enhanced to prevent unusual price hikes caused by the spread of false information.
The recovery of the Vietnamese economy has made good impact on the local securities market and the business performance of brokerages firms, officials said at a meeting on Friday.
A new rule issued by the Ha Noi Stock Exchange, allowing brokerages to become securities market members, is expected to improve the trading quality of Viet Nam’s securities market.