Amid the prevailing market dynamics, several stocks that hit rock bottom in November 2022 have made remarkable recoveries, delivering substantial gains to investors. However, a select few stocks are yet to find their footing and establish a new bottom. Revisiting the abyss The Vietnamese stock market finds itself amidst a protracted correction phase that commenced in mid-November 2023, with the VN-Index enduring a 4% decline in the trading session on November 27. In comparison to its peak at 1,255 points attained in early September, the VN-Index has tumbled more than 13.5%. Nevertheless, it has managed to retain a growth of over 6.5% from the beginning of the year. While the broader market continues to fluctuate, some stocks that reached their lowest point in November 2022 have staged remarkable rebounds, bestowing generous profits upon investors. Notably, the banking, securities, and real estate sectors have exhibited such resilience, particularly stocks that have benefited from the downward trajectory of interest rates since the start of the year. Certain stocks have seen a downturn in recent times, even during periods of overall market upswings. A prime example is the once-renowned blue-chip stock MWG of Mobile World Investment Corporation (listed on the HOSE), whose share […]
Amid the prevailing market dynamics, several stocks that hit rock bottom in November 2022 have made remarkable recoveries, delivering substantial gains to investors. However, a select few stocks are yet to find their footing and establish a new bottom. Revisiting the abyss The Vietnamese stock market finds itself amidst a protracted correction phase that commenced in mid-November 2023, with the VN-Index enduring a 4% decline in the trading session on November 27. In comparison to its peak at 1,255 points attained in early September, the VN-Index has tumbled more than 13.5%. Nevertheless, it has managed to retain a growth of over 6.5% from the beginning of the year. While the broader market continues to fluctuate, some stocks that reached their lowest point in November 2022 have staged remarkable rebounds, bestowing generous profits upon investors. Notably, the banking, securities, and real estate sectors have exhibited such resilience, particularly stocks that have benefited from the downward trajectory of interest rates since the start of the year. Certain stocks have seen a downturn in recent times, even during periods of overall market upswings. A prime example is the once-renowned blue-chip stock MWG of Mobile World Investment Corporation (listed on the HOSE), whose share […]
Amid the prevailing market dynamics, several stocks that hit rock bottom in November 2022 have made remarkable recoveries, delivering substantial gains to investors. However, a select few stocks are yet to find their footing and establish a new bottom. Revisiting the abyss The Vietnamese stock market finds itself amidst a protracted correction phase that commenced in mid-November 2023, with the VN-Index enduring a 4% decline in the trading session on November 27. In comparison to its peak at 1,255 points attained in early September, the VN-Index has tumbled more than 13.5%. Nevertheless, it has managed to retain a growth of over 6.5% from the beginning of the year. While the broader market continues to fluctuate, some stocks that reached their lowest point in November 2022 have staged remarkable rebounds, bestowing generous profits upon investors. Notably, the banking, securities, and real estate sectors have exhibited such resilience, particularly stocks that have benefited from the downward trajectory of interest rates since the start of the year. Certain stocks have seen a downturn in recent times, even during periods of overall market upswings. A prime example is the once-renowned blue-chip stock MWG of Mobile World Investment Corporation (listed on the HOSE), whose share […]
Vietnam's textile and garment processing industry once enjoyed a competitive edge due to its affordable labor force. However, recent years have witnessed a shift,...
HCMC - Vietnam and Thailand have pledged to strengthen economic cooperation, with a mutual objective of increasing their two-way trade to US$25 billion.
During a...
HCMC - Two-way trade between Vietnam and the U.S. amounted to US$100.62 billion in the January-November period, according to the Ministry of Industry and...
HCMC - Fitch Ratings has raised Vietnam's long-term foreign-currency issuer default rating (IDR) from BB to BB+ while anticipating a "stable" outlook for the...
HCMC - Vietnam Expo 2023, an international trade fair, has been opened in HCMC with around 1,200 exhibitors from 22 countries and territories participating.
The...