Topic: cash flow

Mr. Pham Xuan Hoe, former Deputy Director of the State Bank of Vietnam (SBV)’s Institute of Banking Strategy, shared with VET his thoughts on cash flow in the first quarter and its effect on economic growth.

At an investment seminar with the topic “Transforming yourself with the market”, held on September 16, analysts said securities remain an attractive investment channel. As of the end of the second quarter of this year, there was about VND70 trillion ($2.95 billion) in cash lying idle in securities accounts, with investors waiting for favorable opportunities to return to the market.

After three consecutive months of net entry into Vietnam’s stock market, capital flows from exchange-traded funds (ETFs) and active funds reversed to net withdrawal in July. According to SSI Research, a positive long-term outlook for Vietnamese securities could trigger cash flows from actively disbursing funds. ETF capital flows can also still maintain their attractiveness.