Interesting Coincidence: VN-Index Rises by 109 Points Since the Beginning of the Year, Exactly Equal to the Contribution from Vingroup Group

The VN-Index increased by 109 points since the start of the year, matching the contribution from the Vingroup group (VIC, VHM, VPL, VRE). Although the index rose by about 8.6%, many investors are dissatisfied as the gain is mainly concentrated on a few stocks, while most others have decreased. Vingroup stocks have seen significant increases, but there are concerns that if they adjust, the market will be affected. The VN-Index is currently at a three-year high and faces profit-taking pressure. The market also faces challenges due to global economic conditions and a decrease in foreign investment. Meanwhile, with an expected GDP growth of 7.3% and the Fed’s interest rate decisions possibly supporting the market, VNDirect forecasts the VN-Index will reach 1,450 points by the end of 2025, with corporate profit growth at 14-15%. Many organizations assess the long-term prospects of Vietnamese stocks positively due to stable macroeconomic conditions and efforts for market upgrades.

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