Four years on from the Vietnamese banking crisis, lending is rebounding at an accelerating pace, rising
It is one of the strongest winners in the emerging markets universe in the last 6 months. But is the Vietnam stock market still a buy in ?
However, it is always tricky to rely only on an ETF, for sure in a market that is not very accessible. An ETF can have divergences from the underlying asset or market, think of Bitcoin vs. Vietnam Stock Market Index: Its historical chart shows 1 that it can be a very volatile market once it rises or falls 2 it has gone through a long time of consolidation 3 it has broken out to all-time highs.
One of the important things we mostly watch is the performance over the last 12 to 14 months. Since Jan 1st the Vietnam stock market index VN has risen from points to points, a rise of 72 percent.
One way to monitor this: This asset has risen similarly to its underlying index in the last 14 months which is a reassuring sign.
At 21 points, which is mega resistance going back a decade, we can expect volatility and resistance. We expect quite some volatility before prices break through 21 points though.Nov 29, · Vietnam stock market and analysis. This is a discussion on Vietnam stock market and analysis within the Stocks forums, part of the Markets category; Hello every body I joined this forum for long time but it seems my one of the first posts in.
The Vietnam stock market has experienced a prosperous year and jumped to the third position, accounting for 18 percent of MSCI’s (Morgan Stanley Capital International) frontier markets’ basket of indicators, just after Argentina and Kuwait.
HANOI - Vietnam's State Securities Commission (SSC) will receive technical and information support from finance and business information provider StoxPlus Corp to promote Vietnam's stock market.
Of note the others stock markets are Hanoi Stock Exchange (HNX) and Unlisted Public Company Market (UPCOM) are minnows in terms of market cap and daily turnover. In , HOSE gained 16% in $-terms, compared with MSCI Frontier Market 0% and MSCI Emerging Markets Index %.
Our stock market had performed terribly the week before; Friday’s loss of in the Dow Jones Industrial Average was the worst point loss ever.
There was a time when the idea of a stock market named for Ho Chi Minh would have seemed absurd. No longer. A generation after Vietnam achieved the late communist leader's dream of independence.