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Hunting for a bottom

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 […]
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Shaping the future of fashion industry

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,...

Not a cash cow

With the soaring demand for coffee consumption and favorable business conditions, many young entrepreneurs have been drawn to the idea of establishing their own...

Foreign investors remain cautious

Despite persistent net outflows by foreign investors, analysts anticipate a potential upturn in indirect investment inflows in the coming year as macroeconomic conditions strengthen....

Tough battle against corruption

Discussions at the National Assembly sitting, which ended November 29, show that the strong determination in fighting corruption has yielded encouraging results, but huge...

Consumers in sustainable development

In the realm of green economy and sustainable development forums in Vietnam, the representation of individual consumers often remains obscure. While consumer protection associations and...

Personal income tax and economic growth

Rising living costs and high personal income tax rates have forced many households and individuals to tighten their spending as their disposable income has...

Banks on edge

Around this time last year, the cash flow was obstructed, and a widespread liquidity crunch was reported across the board, driving up interest rates,...

Corrections: opportunity or concern?

The stock market is poised for a new uptrend, making corrections potentially an opportunity for investors to bolster their holdings. However, in light of...

Opportunities in challenging times

Analysts say that market uncertainties will continue into next year, so businesses need to improve their adaptability. A glimpse of the landscape In mid-November, the Business...

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