While being too early to predict the near future for the real estate merger and acquisition (M&A) market, the sentiment from investors in 2018 was resoundingly positive. Most believe the market is firmly in mid-cycle, and the beginning of 2019 is so far showing this to be true, leading to the belief that Vietnam shall continue to enjoy success in the next two to three years. By Ben Gray Director of Capital Markets, Cushman & Wakefield Last year, GDP growth was strong at 7.08 per cent, inflation was steady at 2.8 per cent, and the Vietnamese dong remained competitive against the dollar despite rate hikes by the FED. This year promises to be successful, however early indications show a slight dip in GDP growth to 6.5 per cent. Last year Vietnamese stock markets were turbulent, with the VN-Index taking only six weeks in April and May to erase yearly gains of 22 per cent. Fund managers noted that investors panicked and were selling despite the fundamentals of the market … [Read more...] about Strong 2019 outlook for real estate M&A
Global equities outlook 2018
World Bank warns brewing trade storm jeopardises global economy
Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned on Tuesday (Jan 8). The US-China trade dispute already is inflicting collateral damage. (Photo: AFP ) And the global slowdown is beginning as government and corporate debt rise, especially among the poorest countries, while mounting interest rates increase borrowing costs, the bank said in its semi-annual Global Economic Prospects report. The report was markedly more pessimistic than a year ago - when the outlook was for synchronised global growth - and peppered with exhortations to take "urgent," "imperative" or "critical" action. "Risks are rising," senior World Bank economist Ayhan Kose told AFP. "The global economy is going through a difficult period. Skies are darkening and we see the global economy slowing." Growth of the world economy is expected to slow to 2.9 per cent this year, and 2.8 … [Read more...] about World Bank warns brewing trade storm jeopardises global economy
Vietnam equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.– Photo vnexpress.net The benchmark VN-Index on the Ho Chi Minh Stock Exchange finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 per cent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Ha Noi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on April 6 after having gained substantially by 87 per cent since January 22, 2016. But in the last eight months, the two indices of the Vietnamese equity market have disappointed many investors … [Read more...] about Vietnam equity market to thrive in 2019
Vietnam’s equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. (Photo: vnexpress.net) Hanoi (VNS/VNA) - Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 percent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Hanoi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on … [Read more...] about Vietnam’s equity market to thrive in 2019
Viet Nam equity market to thrive in 2019
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.– Photo vnexpress.net Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. The benchmark VN-Index on the Ho Chi Minh Stock Exchange finished last year at 892.54 points. Compared to 2017’s end, it has fallen total 9.31 per cent. The benchmark index started soaring on January 22, 2016 at 522.24 points and it took the VN-Index more than two years to touch its all-time high of 1,204.33 points on April 9, 2018. In the first three months of the year, the VN-Index was one of the top three best-performing equity indices in the world. A similar pattern was also seen in the performance of the Ha Noi Stock Exchange’s HNX Index, which hit its record high of 138.02 points on April 6 after having … [Read more...] about Viet Nam equity market to thrive in 2019