Vietnam’s stock market holds much potential for stronger growth: SSC
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.
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.
The Vn-Index rose in the Lunar new year’s first six sessions during the 2016-2021 period, with 2020 being the only exception due to the emergence of the Covid-19 pandemic.