In the hard context of world economy, Vietnam's economy is a bright spot when exports still grow. Photo: VIET CHUNG

Reforms essential for growth

The growth in GDP has been relatively steady at 6.2%, 6.8%, 7.08% and 7.02% from 2016 to 2019, despite uncertainties and slow growth in global economies.

S99 - Sharp downhill plunge

During the stock market boom in 2007, code S99 of the Song Da 909 Joint Stock Company (SCI) was one of the highest priced stocks on the HNX, reaching a historical peak of VND 440,000 per share.

Foreign investors drawn towards real estate sector

In 2019, the real estate sector was at number two position in attracting Foreign Direct Investment (FDI) into the country, which trend is expected to continue and even increase sharply in 2020.

FDI capital inflow into Vietnam must be screened

Although the flow of Foreign Direct Investment (FDI) into Vietnam reached an estimated USD 38.02 bn in 2019, many are very much concerned that the quality of FDI capital is not as per expectations. Saigon Investment compiled excerpts from opinions shared by some experts on this issue.
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Less flow of foreign capital in 2020

Currently there is not a very high possibility of foreign investors pouring money into emerging markets and frontier markets. However, one thing is certain, foreign investors will be selective and choosy when investing, and some markets may be more preferable than others.

Expected channels for cash flow in 2020

Expected channels for cash flow in 2020

The year 2020 is forecast to be a difficult year, when most investors will have to face many serious challenges, despite some expected good opportunities coming in the course of the year.

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High GDP results could cause authorities to become smug

A recent review of the country’s GDP based on international standards showed excellent results over the 2010-2017 period, which will lead to positive effects, but could also cause relevant authorities to become too smug.

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Moody’s gives negative rating for Vietnam

On 18 December 2019, Moody’s, the international credit ratings organization, rated Vietnam as Ba3, which means negative, citing delayed debt repayment for such a low rating. The Ministry of Finance in Vietnam has now dubbed the ratings as “inappropriate” and “insufficient”.

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Exports from Vietnam face many challenges

According to recent data updated by the General Department of Vietnam Customs, in the first half of December, the country's export turnover reached more than USD 10 bn, bringing the total export turnover from the beginning of the year to 15 December 2019 at USD 251.66 bn.

PVX had built big projects such as Nghi Son Refinery and Petrochemical Plant.

PetroVietnam risks delisting

PetroVietnam Construction Joint Stock Corporation (PVX) is a familiar name to investors, because it used to be the best liquidity stock on the HNX. However, at present PVX has become a tragic obsession for many investors, with the stock price at only VND 1,000 and a high risk of delisting due to prolonged losses.

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Vietnam attracts largest overseas remittances

Vietnam is among the top ten countries in the world to receive the largest overseas remittances, and the year 2019 is expected to be the third consecutive year that Vietnam could be in this position.

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Remittances important for economy

Cash flow by way of remittances by overseas Vietnamese diaspora into Vietnam has been steadily increasing over the years, which is an important amount to even offset the losses when the FDI sector moves money out of Vietnam.

Ha Tinh expected to receive 4 million cargoes via seaport in 2020

Ha Tinh expected to receive 4 million cargoes via seaport in 2020

The Lao – Viet International Port Joint Stock Company said that two foreign and Vietnamese container ships carrying 20,000 tons of coal and more than 3,000 tons of equipment transiting through Laos have just docked in Vung Ang Port, Ha Tinh Province. 

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Opposite trend in Vietnam stock market

The US stock market has continually been increasing to reach new heights. Three indexes, namely, S&P 500, Nasdaq 100 and Dow Jones have increased sharply.

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Debts eroding national credit rating

Public debts and debts in the economy are seriously eroding the banking system and the national credit rating, and if due foreign debts are not cleared the drastic situation many lead to bankruptcy.

In 2019, export was the driving force, with an impressive growth rate of about 8.5%, exceeding the target of 7-8%.

Maintaining growth momentum in 2020

Vietnam’s economy has been relatively bright in 2019, achieving most of the goals set by the National Assembly (NA), and creating significant momentum for further growth in 2020.

Founding shareholders turn debt into capital

Founding shareholders turn debt into capital

Every kind of investor has own goal and strategy on how to fulfill their investment plan. Dealers in securities try to increase their profits by choosing good shares, while fund investors try to buy and hold on to high value shares.