- Quan Trong Thanh: For the long term, both VJC and HVN will be good as the demand for air travel will pick up again. But the profit margin will get narrower as the market will see new entrants in the coming time. Even before the coronavirus erupted in Wuhan (the epicenter of the Covid-19 outbreak), we did observe a slowdown of earnings expansion or even a retreat of transportation business of the fastest growing airline VJC. HVN's earnings were uneven. Share prices would recover after the coronavirus is put under control. Right now, we see little or no sign of share prices edging up in the medium term. The coronavirus will leave the biggest impact on the tourism-related sectors. … [Read more...] about Despite epidemic, Vietnam stock market remains resilient
What is emerging markets stock market
In terms of retail, smaller, clean and nearby shopping places like street shops, minimarkets and convenience stores are being temporarily favoured against wet markets or larger super- or hypermarkets. In addition, the number of transactions for online shopping and home delivery has significantly increased. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
Generally, central banks so far are maintaining interest rates and assuming a wait-and-see approach towards the outbreak. The few central banks that have cut rates had their own reasons, with COVID-19 being a factor weighty enough to force them into action earlier than projected. An instant and rational measure at this point of time should only be supporting liquidity and rescheduling debts for the sectors severely hit by the epidemic. … [Read more...] about Prudence important in assessing COVID-19 implications