Regarding information disclosure, the draft circular stipulates that the language for information disclosure in the securities market shall be Vietnamese. Listed organisations, public companies, stock exchanges and the VSDC are required to disclose information simultaneously in both Vietnamese and English.
The general upgrading of the Việt Nam Stock Market will bring about favourable outcomes and increase global integration, elevating the stature of the Vietnamese market and the country itself. The upgrading of the stock market contributes to Việt Nam''s aspirations...
In some months in 2022, half a million trading accounts were opened. Foreign investors’ net purchases reached a record high. The liquidity of some shares at times reached hundreds of millions of units each trading session.
With its strong economic growth, attractive valuations and high expected earnings growth for listed firms, Viet Nam’s stock market is attractive now and has good prospects, according to experts.
Viet Nam’s stock market is still cheap at 11.5 times forward P/E and expectations of EPS growth of over 20 per cent this year compared to an average P/E of 16.2 for its emerging market ASEAN peers.
The VN-Index is recovering quickly after plunging to 1,165 points in May, however, analysts said there was not yet enough strong information to support the uptrend.