According to SSI Research, Vietnam is close to upgrading from FTSE Frontier Market to FTSE Secondary Emerging Market, having met 7 out of 9 criteria. The upgrade is expected to attract around $1 billion from ETF funds. A list of 15 potential stocks, mainly blue chips, has been identified, with the Vingroup group (VIC, VHM, VRE) expected to draw more than $300 million. Other stocks like MSN, VNM, HPG, and VCB are also anticipated to attract strong capital. SSI Research maintains a positive outlook on the market, forecasting the VN-Index will reach 1,500 points by the end of 2025. Profit growth is expected to continue, with total net profit projected to increase by 14% in 2025 and 15% in 2026. The low-interest-rate environment will also encourage funds to flow into the stock market, offering attractive yields compared to deposit rates.
Leave a Reply