According to brokerage SSI Securities Corporation, profits of listed companies are forecast to rise by 23 percent after falling 17 percent in 2020, while liquidity in the form of investment by retail investors, especially those entering the market for the first time, is expected to drive the market this year. … [Read more...] about VN-Index poised to breach historical peak
Novaland
Shares soars, analysts predict historic level of 1,204 points for VN-Index soon
Other heavyweight stocks such as Vincom Retail (VRE), Vinamilk (VNM), Vietjet (VJC), Sacombank (STB), sugarmaker Thanh Thanh Cong-Bien Hoa SJC (SBT), PV Power (POW), Mobile World Investment (MWG) and Khang Dien Housing Trading and Investment (KDH) all climbed between 3-6.7 per cent each. … [Read more...] about Shares soars, analysts predict historic level of 1,204 points for VN-Index soon
VN-Index on eight-session gaining streak
Some of the biggest capped gainers this session included VHM of private conglomerate Vinhomes, up 0.3 percent, GAS of energy giant PetroVietnam Gas, 0.3 percent, and two of Vietnam’s largest state-owned banks by assets, VCB of Vietcombank and BID of BIDV, with 1 percent and 0.5 percent respectively. … [Read more...] about VN-Index on eight-session gaining streak
VN-Index experiences correction after 8-session gaining streak
Contrary to the previous session, real estate stocks were the market’s biggest drag. TCH of Hoang Huy Group topped losses with 3.4 percent, while VIC of Vingroup and VHM of real estate subsidiary Vinhomes, HoSE’s biggest and third biggest caps, tumbled 2.9 percent and 1.4 percent respectively. … [Read more...] about VN-Index experiences correction after 8-session gaining streak
Legislative changes to drive M&A activities in Vietnam
The VILAF chairwoman further noted that the impact of COVID-19 and the recent corporate objectives of diversifying supply chains have made Southeast Asia more attractive for new investments and M&A. COVID-19 also pushed certain corporate groups to see the need to look for good acquisitions targets in the region to build resilience and diversity through supply chain alternatives and customer base, while it pushes certain other corporate groups to implement restructuring to be more efficient and liquid. … [Read more...] about Legislative changes to drive M&A activities in Vietnam
