Viet Dragon Securities sees potential in banking and other shares
Banking & Finance

Viet Dragon Securities sees potential in banking and other shares

It has been forecast that the inflation rate in Vietnam will probably exceed 4 per cent year-on-year in the second quarter, due to increases in the global prices of electricity, pork, and oil. Viet Dragon Securities believes that banking shares have clear profit growth prospects in the second half of the year, while steel, retail, warehousing, and exporter shares are also expected to attract cash flows.
Banking & Finance

Over $1bln in government bond sold in January

More than VND23 trillion ($1.02 billion) was mobilized through the government bond channel in January. The State Treasury plans to issue VND105 trillion ($4.64 billion) worth in the first quarter of 2022. The MBS Securities Company believes that government bonds remain the first choice for those seeking liquid assets with fixed profitability, so even though yields are low, market absorption is still good.