Many stocks unexpectedly received a large amount of capital inflows from foreign investors, especially some banking stocks, even though the market went down in October.
Althougth the disbursement of foreign money was high in the first 10 months of 2022, foreign invesments took a retreat on account of global uncertainties and stringent COVID-19 preventive measures.
An upgrade to emerging status will not only help the stock market develop quickly, transparently and sustainably, but also attract huge foreign capital inflows, said experts.
Even though foreign investors have become net sellers on the stock market, they have fled to bonds and are waiting for future investment opportunities, said Tran Van Dung, Chairman of the State Securities Commission of Viet Nam (SSC).
Domestic and foreign capital flow is expected to bolster real estate shares after the COVID-19 pandemic as many investors are paying attention to the industry.
Now, as the world may be seeing a relocation trend as a result of adverse impacts on global supply chain during the COVID-19 pandemic as well as rising pressure from the US-China tension, Việt Nam is having a big chance...
Viet Nam should loosen restrictions on foreign ownership and encourage entrepreneurship in new and revolutionary industries to attract foreign capital, said experts.
Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.