The Vietnamese stock market is contending with a range of domestic and global factors, with recent reports of weak business performance hindering substantial progress for the VN-Index.
The VN-Index ended the week with impressive gains. However, analysts remain cautious about the sharp decline in liquidity and raise concerns about the sustainability of this upward momentum.
Masan Group Corporation (HOSE: MSN) is expected to attract significant foreign capital as Việt Nam’s stock market is projected to receive up to US$1.7 billion from exchange-traded funds (ETFs) following its upgrade to emerging market status.
Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year, despite foreign investors’ heavy net selling.
It has experienced robust development, with thousands of companies now listed and their shares actively traded, while the market''s capitalisation has grown tremendously.
Foreign investors have been heavily net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the domestic market.
The government and Ministry of Finance are particularly focused on improving corporate governance quality linked with ESG (Environmental, Social, and Governance) standards for listed companies.
Ensuring continued stable development, maintaining the upgraded status and avoiding a downgrade were key topics discussed at the “Motivating the Stock Market Upgrade” seminar held on July 2.
Last week, the flow of funds continued to show diversification and rapid movement, yet the technology sector maintained its appeal, emerging as the standout with exceptional growth.
A training conference for financial institutions and securities companies was held to enhance knowledge about new types of criminal activity in the finance and securities sectors, as well as helping explore preventive measures against the new wave of crimes.
Statistics indicate that outstanding margin loans at securities companies are projected to increase by VNĐ23 trillion (US$903.7 million) compared to the end of 2023.