Macroeconomic stability will be a good foundation for developing the stock market, Deputy Minister of Finance Nguyen Duc Chi said at the Government’s regular press conference on October 29 in Hanoi.

The orientation of foreign capital flows pouring into Vietnam is heavily influenced by global factors.

After declining in the first two quarters, the VN-Index showed signs of recovery in the first half of the third quarter.

The positive trading value and volume by foreign investors over the past month have helped to maintain the recovery of the domestic stock market.

Foreign investors net purchased 14.8 million stocks, worth some VND80 billion during the week from August 8 – 12, showing that the Vietnamese securities market remained attractive to them.

The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.

VOV.VN - A delegation of the Ho Chi Minh City administration led by its chairman Phan Van Mai paid a working visit to the NASDAQ Stock Exchange in New York, the United States, on July 19 (local time).

The Ministry of Public Security is investigating nine people in seven cities and provinces for spreading rumors saying Pham Nhat Vuong, Chairman of Vingroup, a private conglomerate, had been banned from travelling abroad.

VOV.VN - The financial markets of Vietnam would continue to enjoy benefits from economic recovery in 2022 after recording positive growth in the previous year, the Asian Development Bank and the Bank for Investment and Development of Vietnam (BIDV) made a forecast in a report released on May 25.

VOV.VN - Prime Minister Pham Minh Chinh who is in New York for a week-long working trip to the United States and United Nations called at the New York Stock Exchange (NYSE) and attended a roundtable discussion with executives of firms listed on the NYSE.