Tag: The stock market

A gradual tightening of monetary policy globally will not disrupt Vietnam’s economic recovery. Deposit interest rates may increase slightly in 2022 but the stock market is still the preferred channel of investors.

Economic support packages totaling VND843.84 trillion ($36.72 billion) are expected to be submitted to the National Assembly at its extra-ordinary session at the end of the month. Analysts have said, however, that a strong breakthrough in the stock market should not be expected based on these packages.

The value of foreign investors’ portfolios in Vietnam’s stock market has increased 6.5-fold over the course of the past decade, to $50 billion. According to Mr. Andy Ho, CEO of VinaCapital Group, when Vietnam is upgraded from MSCI Frontier Markets to MSCI Emerging Markets, interest among foreign investors will increase at least 100-fold compared to now.