The Vietnamese stock market is experiencing a vibrant period with the VN-Index reaching a peak of 1,664 points. However, shareholders of major companies like FPT and DGC are facing losses. Specifically, FPT dropped by 2.6% on August 20, officially falling below 100,000 VND/share, marking its lowest point since May. DGC also lost over 3%, now at 99,000 VND/share. Since the beginning of the year, FPT has decreased by nearly 26% and DGC by 15%. Meanwhile, the VN-Index has increased by over 30%. Market capital is mainly focused on the financial sector, leaving other stocks like DGC and FPT overlooked. Though FPT maintains a quarterly profit growth around 20%, its revenue is slowing due to decreased global technology spending. DGC’s profit growth has slowed, but prospects are considered favorable due to rising phosphorus prices and tax law changes. In summary, the disparity between the financial sector and other stocks is currently putting pressure on the market.
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