More than 2.5 million new investors have jumped into the stock market since April 2020, when the stock market hit the bottom due to the sudden outbreak of the Covid-19 pandemic.
2021 is a pivotal year for F0s in many aspects: F0 as in Covid-19 F0 cases and F0 as in new investors in securities. First of all, 2021 is the year that some people jokingly call the second Covid year. Vietnam succeeded in controlling the pandemic in 2020.
The euphoria among young investors in the last weeks seems to be dying down now, with many F0 investors realising that the stock market is no longer an easy place to reap profits.
Currently, VN-Index has declined by about 12 percent from the peak of 1,420 points on July 2. However, experts assessed the fluctuations of the stock market in July this year to be short-term. The stock market still has many development opportunities in the long term, continuing to affirm its role as an important capital mobilization channel.
Cash flow from individuals and businesses deposited in banks at low interest rates has been increasing gradually, while capital mobilization in the securities sector has also been quite active.