Từ khóa: #securities

Although the Vietnamese economy made a strong recovery right after the Covid-19 pandemic, this growth is now facing many challenges and the pace is not accelerating as expected. 

The current stock market seems no longer lucrative enough, with both domestic and foreign investors racing to sell off. 

Although the US Federal Reserve (FED) raised the interest rate in the hope of reducing inflationary pressure, it has come as a shock to see a rise in the core US inflation data, despite falling oil prices. At present Vietnam's macro data continues to be positive but the domestic stock market is reeling from external variables.

As securities and real estate sectors are not on the list to receive support, the 2 percent interest rate support package's positive effects on the stock market are not strong.

 

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. 

At a press conference held right after the closing of the first extraordinary session of the National Assembly, Deputy Chairman of the Finance and Budget Committee Nguyen Huu Toan said that the National Assembly did not immediately decide but assigned the Government to continue to study the proposal for a tax increase for securities and real estate transactions.

Although the state budget revenue in 2021 exceeded the annual estimate, it is still not enough to convince the tax authorities. When the income structure is unstable and long term, the actual state budget revenue gradually decreases.

The year 2021 witnessed many fluctuations in the economy, in general, and the stock market in particular. The Securities Journalists Club held an annual announcement of ten securities events in 2021 on December 28 in Hanoi.

Recently, the cash flow has poured massively into the stock, gold, and real estate markets. Investors call this phenomenon cheap money, but it also raises concerns over inflation for the economy.

The stock market settled higher on Tuesday on gains in large-cap stocks. Meanwhile, foreign investors still escaped from the market.

Despite the complicated developments of the Covid-19 pandemic, after surpassing the historic peak in April this year, Vietnam's stock market continued to conquer new heights in both the index and liquidity in May. Vietnam’s stock market continuously set many records by attracting a large amount of money.

Vietnam’s stock market opened the week in upbeat sentiment on August 24.

The price of gold in Vietnam rocketed to an all-time high of above VND58 million per tael on July 28 due to the rising momentum in the global gold price.

Vietnam’s stock market closed the week in red on July 24 as several large-cap stocks plummeted.

The price of gold in Vietnam continued to increase strongly on July 20, approaching VND51 million per tael (1.2 ounces) although the global bullion price cooled down.

Vietnam’s stock market dropped steeply on June 29, extending its losing streak to a fifth trading session as selling pressure increased due to information that the gross domestic product in the second quarter of this year merely grew 0.36 percent, the lowest level in the past ten years, affecting investors’ sentiment.