Reported 8 months ago
With continuous positive news on the Vietnamese economic fundamentals and ample market liquidity, the Ho Chi Minh Stock Index continues its bullish trend, reaching a two-year high led by domestic capital. As of May, the total number of securities trading accounts in Vietnam exceeded 7.93 million, indicating strong popularity and buying interest in Vietnamese stocks. The Vietnamese government's commitment to support domestic economic growth, with a growth target of 6% to 6.5% this year, higher than the IMF's forecast of 5.8%, along with improving corporate profits and valuation levels, is creating a positive investment sentiment in the Vietnamese market, especially in sectors like transportation, retail, and raw materials.
Source: YAHOO