Topic: index

As economic storms rage worldwide, Vietnam's Deputy PM Le Minh Khai marshals forces to monitor price swings and deploy flexible strategies to rein in inflation within the 4-4.5% target for 2024.

Vietnam's public service quality is on the rise, but uneven regional results and minimal public influence in policymaking hinder the country's full administrative reform potential.

According to the 2022 Global Crypto Adoption Index published by blockchain data analytics company Chainalysis, Vietnam ranks first out of 146 countries and territories in terms of cryptocurrency adoption, followed by the Philippines, Ukraine, India, the US, Pakistan, Brazil, Thailand, Russia, and China. This is the second straight year Vietnam has led the index, which was first published in 2019.

The BIDV Securities Company (BSC) has forecast two scenarios for Vietnam’s stock market in September. Under the first, the VN-Index will balance out at 1,270-1,280 points, moving towards 1,300-1,320 points as liquidity improves and positive sentiment spreads through the market. The Ho Chi Minh Stock Exchange (HoSE) allowing the trading of odd lots from September 2 will also have a positive effect on the market. The second scenario will happen if developed economies show signs of recession and negative sentiment appears, with the VN-Index forecast at around 1,240-1,250 points.

According to PetroVietnam Securities Inc. (PSI), Vietnam’s stock market is likely to continue to experience adjustments in line with global markets but will recover soon after. PSI offered three scenarios for the VN-Index, with it reaching 1,550 points before the end of the year in the most optimistic and only 1,080-1,150 points in the most pessimistic.