Banking & Finance

A summary of trading forecasts from exchange-traded funds (ETFs) during January shows that they will sell stocks in real estate and focus on banking and retail.

VnDirect has reported on real estate stocks in the context of the group falling since the beginning of 2022. The market will be active again after a gloomy period and will probably increase in 2022, especially stocks with good asset quality and large projects being handed over this year. Risks will outweigh the opportunities overall.

Vietnam’s stock market is attracting cash flow and will maintain an upwards trend in the medium-long term, which will create a favorable environment for State-owned divestments to take place more smoothly in 2022. Agriseco Securities has predicted that investment opportunities in 2022 will mainly focus on infrastructure groups and the banking industry, with the main driver being from initial public offerings (IPOs) and divestments.

Thanks to large volumes of cash going into the stock market and a record number of new accounts being opened, securities companies posted a successful 2021. Many reported record profits. Of note, Agriseco’s after-tax profit increased four-fold compared to 2020 and more than double the figure posted by BVSC.

According to the Navigos Group, demand for large-scale recruitment in the banking sector will continue to increase in 2022. Some banks and securities companies are also looking for senior personnel in key positions, who will lead new business strategies. Navigos also expects that the overall recruitment market will increase from early March.

The Ministry of Transport (MoT) aims to add nearly 2,000 km of expressways during the four years from 2022 to 2025. According to VNDirect, this medium-term public investment plan will open up opportunities for a breakthrough in stock profits in the transport infrastructure, materials, and telecommunications infrastructure group.