Lower interest rate environment and policies to remove difficulties and boost the economy will be drivers for the stock market in the last months of the year.
Vietnam’s stock market has recorded foreign investors as net sellers over the past three weeks to the tune of VND3.11 trillion ($131.7 million) on the Ho Chi Minh Stock Exchange (HoSE), the country’s main bourse.
In a recent report, Agribank Securities Company (Agriseco) said Vietnamese businesses would benefit when China opens its doors and resumes flights between the two countries.
Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy.