Vietnam Vn-Index

The projected P/E ratio for the VN-Index this year is 11.5, below the 5-year average of 13.4, potential for the benchmark to rise in the second half of the year and 2025.

On average, about 4,265 new retail and institutional accounts were added to the market each day.

Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.

This is expected to be a year of significant volatility, with a strong recovery possibly following deep correction.

With a P/E ratio of 11x, lower than most other markets in the world, the Vietnamese stock market is a very attractive choice for long-term investment.

The Government’s active stance to address macro challenges would fuel the stock market development in 2023.

The central bank’s flexible management of monetary policy and the return of capital into markets around the world would have positive impacts on Vietnam’s market.

High market liquidity, information transparency, and expanding foreign ownership limits are expected to further attract foreign investors.

Vietnam has outperformed major regional indices, making the market nearly quadrupled in size compared with the start of 2012 and the trading exceeding $1 billion a day.

Foreign investors have remained confident in Vietnam's stock market, with a net-bought volume of VND1.7 trillion (US$74 million) in the past five trading sessions.