Vietnam’s stock market has recovered quickly and strongly since the COVID-19 outbreak was brought under control and losses incurred earlier in the year have been reclaimed, a discussion in Hanoi on October 21 heard.
Hanoi (VNA) - Vietnam’s stock market has recovered quickly andstrongly since the COVID-19 outbreak was brought under control and losses incurredearlier in the year have been reclaimed, a discussion in Hanoi on October 21heard.
Ta Thanh Binh, Director of the Securities Market Development Departmentat the State Securities Commission of Vietnam (SSC), said 2020 has been a yearfull of changes for the stock market and noted that the benchmark VN-Index lost33 percent in the first quarter.
But the market has bounced back and recovery is “very positive”. It has regainedwhat was lost at the beginning of the year, and market capitalisation currentlyaccounts for 71.3 percent of GDP, she said.
Pointing out that COVID-19 remains a complex issue around the world, BuiHoang Hai, Director of the SSC’s Securities Public Offering ManagementDepartment, said the stock market is operating within the “new normal”. Liquidityhas been higher than expectations.
However, he went on, capital mobilisation has been hampered, with thesum raised equivalent to just 51 percent of last year’s figure, due in part toforeign investors being unable to enter Vietnam to consider potential investmentopportunities because of COVID-19.
In terms of the ratio of foreign investment to total market cap inSoutheast Asia, Vietnam is behind only Singapore and Thailand. Another positivepoint is that the country is now on the watch list for upgrading to secondaryemerging market status, by market rating agencies FTSE and MSCI, Ha noted.
Securities expert Nguyen Duc Khanh highlighted a surge of new accounts beingopened by individual investors since the second quarter, although the number isstill modest compared to the size of the population.
There remains huge space for Vietnam’s stock market to grow and the opportunitiesare numerous for investors, he said, suggesting that investors choose sectors exhibitinggood growth, to minimise risks.
He predicts the market will rebound to 990-1,000 points by the end of theyear./.
Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.
Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.