The “MAG-7 Vietnam Stocks” group includes four banks (Vietcombank, BIDV, VietinBank, and Techcombank) and three companies from Vingroup (Vingroup, Vinhomes, Vinpearl). This group has a total capitalization of nearly 1.9 million billion VND, accounting for 1/3 of the HoSE market. The stocks primarily belong to the financial and real estate sectors, significantly impacting the VN-Index. While the US market is dominated by technology and healthcare sectors, Vietnam’s stock market remains heavily weighted towards finance and real estate. However, a wave of IPOs from notable companies is expected to bring changes soon. The Vietnamese economy is undergoing a transformation with an emphasis on private economic development and scientific technology, contributing to future shifts. The strategic goal is to achieve sustainable growth and become a developed nation by 2045.
Leave a Reply