The Vietnamese stock market is showing strong recovery led by the Vingroup stock group. Since the beginning of the year, four of Vingroup’s key stocks, including VIC, VHM, VRE, and VPL, have contributed over 93 points to the VN-Index. The stock VIC has risen by 125%, VHM by 57%, VRE by 47%, and VPL has also seen rapid growth shortly after its listing. In this context, experts forecast that the VN-Index could reach 1,900 – 2,000 points, and even up to 2,500 points in the long term, thanks to robust profit growth from companies. Many investors believe the market still has room to grow, especially as foreign investors have begun to show signs of net buying again. However, the cooling off of Vingroup stocks may impact the overall index, as they account for about 15% of total capitalization on the HoSE.
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