HSBC remains positive about the prospects of Vietnam’s stock market in 2022 as well as in the long term. HSBC Global Research forecasts VN-Index will reach 1,850 points in 2022.
Mirae Asset has become the second biggest margin lender in Vietnamese stock market owing to financial backup from Korean banks.
Enterprises are cashing in on positive outlook of the stock market to mobilize capital from shareholders as bond interest rates tend to increase.
The government has approved a scheme on restructuring the stock market which asks for all commercial banks to go listing.
Korea Investment Trust Management Co., Limited has raised billions of dollars to invest in Vietnam's stock market since late last year, but the market has not maintained the growth as expected.
The London-based financial and business information firm FTSE Russell has recently announced that it added Viet Nam, currently classified as a Frontier market, to the watch list for possible reclassification as Secondary Emerging.
Upon the listing of Viettel Global shares on UPCOM, commonly known as Unlisted Public Company Market, the company will become the only telecom company in the current Vietnam stock market.
Vietnam's stock market was still not listed in Morgan Stanley Capital International's watchlist to be upgraded from the frontier market to the emerging market as investors' expectation.
Techcombank’s value could be listed up to $900 million, making it the largest IPO in the Vietnam stock market.
Vietnam's stock market has drawn a significant amount of capital from Korean investors and Korean fund management companies only have raised hundreds of millions of dollars to invest in Vietnam securities recently.
The wave of equitization of large state-owned enterprises has pushed the value of IPOs on Vietnam's stock market to a record in the first quarter of this year.
Vietnam will attract more foreign capital, improve its transparency and the investment environment when its market is upgraded from frontier to emerging.
Due to the recent rapid growth of the stock market, the State Securities Commission of Vietnam (SSC) has taken steps to control the flow of loans into the stock market.
In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.
