The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64% to US$1 billion so far this year, while foreign ETFs increased 12% to US$1.4 billion.
The stock market is still an attractive investment channel for investors in the near future. However, it also poses many challenges for regulators and market members, said experts.
Vietnam’s stock market remained among the world’s best performers in the first five months as the benchmark Vn-Index rose by 16.31% against early 2021 to 1,283.93 points at the close on May 21, according to StockQ.
Conducting an initial public offering (IPO) to list on a foreign stock exchange not only helps Vietnamese companies attract investors but also strengthens their status and the country’s profile in the world.
German financial newspaper Finanznachrichten ran an article on May 19 covering the upcoming election of deputies to the 15th National Assembly and People’s Councils at all levels for the 2021-2026 tenure as well as the COVID-19 situation in Vietnam.
VOV.VN - As of late April, the stock market capitalisation reached more than VND6,000 trillion, marking a rise of 13.9% compared to the end of 2020 and equivalent to 95.8% of GDP, according to figures released by the Ministry of Finance.
Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.
Despite Vietnamese companies’ total net profit growing 81% year-on-year in the first quarter, many still posted big losses.
Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
IPOs (Initial Public Offering) or being listed on foreign markets not only helps Vietnamese companies attract investments, but also strengthens their positions and the country’s position in the world.