Gold Prices Surge Near 100 Million but Stocks Rise Even More

Gold prices have reached a record high of over 98 million VND per tael domestically, yet many stocks on the stock exchange have experienced even stronger increases. Stocks of major companies like Vingroup, GELEX, and the finance sector have shown significant growth since the beginning of the year, surpassing gold prices. However, the VN-Index has only risen about 5%, indicating that not all stocks perform well. Stock selection and timing are crucial; many investors may incur losses if they do not hold the right stocks at the right times. Although gold is considered a safe investment channel, stocks have great potential for long-term profitability. Experts advise investors to consider value investing and hold stocks for the long term rather than engage in short-term trading, as market fluctuations are unavoidable. The long-term outlook remains positive due to stable macroeconomic factors and corporate profit growth.

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