The Vietnamese stock market has seen significant growth driven by Vingroup stocks, including VIC, VHM, VRE, and VPL, which contributed over 93 points to the VN-Index since the beginning of the year. VIC surged 125%, VHM 57%, VRE 47%, and VPL nearly 40%. This group now accounts for nearly 15% of the total market cap on the HoSE. While there are concerns that a pullback in Vingroup may impact the market, many experts believe the VN-Index still has substantial growth potential, expected to reach 1,900-2,000 points by year-end. Some more optimistic forecasts even target 2,500 points for the VN-Index over the next 2-3 years, bolstered by strong income growth from listed companies. Additionally, foreign investment has shown signs of returning to net buying, further enhancing the market outlook.
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