Vietnamese stock market’s uptrend in 2022

(VOVWORLD) - Vietnam’s securities market is forecast to continue its uptrend in 2022, says experts adding that there will be a remarkable divergence among sectors.
Vietnamese stock market’s uptrend in 2022 - ảnh 1(Illustrative photo)

Despite numerous difficulties in the global economy, Vietnam's stock market has gained certain achievements with smooth and stable operation and strong growth in size and liquidity. It has attracted a large number of domestic and foreign investors and affirmed its role as an important capital mobilization channel.

Nguyen Duy Hung, Chairman & Chief Executive Officer of SSI Securities Corporation, says: “The fact that investors switched from savings accounts to stock accounts was a dream coming true. Previously, we thought that foreign investors led the market, now they don’t. Although foreign investors sell out, the market still grows. It is unusual, but it's a positive sign for the Vietnamese stock market.”

With the prospects of economic recovery, some securities analysis companies have released positive outlooks for Vietnam’s stock market this year. Industries like exports of seafood, garment and textiles, and shipping are forecast to grow sharply. Some commodities that are likely to record high prices in the first half of this year include fertilizer, seafood, chemical and sugar cane. 

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