Bloomberg: Vietnam’s stocks to reach highest level since 2008
VN Index will climb to reach the highest level since 2008 as a rising economy and earnings draw investors, Bloomberg Business news reported on March 15.
Vietnam’s stocks to reach highest level since 2008. (Photo: VNA)
Hanoi (VNA)𝄹 – VN Index will climb to reach the highest level since 2008 as a rising economy and earnings draw investors, Bloomberg Business news reported on March 15.
The Bloomberg article forecast that the VN Index will advance to 642 by the end of 2016, or 11 percent above its close on March 14.
The stock index rose 6.1 percent in 2015, making Vietnam the best performer in Southeast Asia, while the MSCI World Index slid 4.3 percent, it said.
The country targets an economic growth of almost 7 percent this year, becoming one of the fastest-growing markets in the world and a refuge for investors in the region shaken by the fallout from China’s economic slowdown.
According to Bloomberg, companies in consumer, industrial, building and energy sectors would help recover the stock market as they benefit from fastest expansion over the past decade.-VNA
Vietnamese shares on March 11 extended gains on both local exchanges, led by the dairy corporation Vinamilk after it announced a plan to raise foreign ownership in the company.
Singapore has become Vietnam's leading investment partner after investing more than 36 bln USD in numerous local projects, including processing, technology, manufacturing, real estate, and storage.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Vietnam’s stocks to reach highest level since 2008. (Photo: VNA)
