Although the valuation of the real estate industry and stocks are discounted to a low level, Agriseco still takes a cautious view of the sector due to a lack of short-term rally momentum.
The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuation have dropped significantly to attractive prices.
Securities companies posted positive comments to the stock market in the context that economic activity has been fully restored thanks to an increased degree of adaptation to the strategy of living with the Covid-19 epidemic and vaccination.
According to statistics from January last year to January this year, stocks of renewable energy companies all grew significantly, Truong Thanh Energy and Real Estate JSC (TEG) grew 175.59 percent, Licogi 13 JSC (LIG) rose 167.21 percent, Gelex Group JSC (GEX) gained 163.28 percent, Fecon JSC (FCN) increased 142.02 percent, Bamboo Capital Joint Stock Company (BCG) rose 141.22 percent."There are a few reasons why renewable energy stocks have risen sharply in recent times, such as predictions that this power source will account for the largest proportion in the total capacity of Vietnam's power sources. The commitment of the Vietnamese Government to achieve net emissions of "zero" in the recent COP26 is a great motivation for businesses to continue participating in and expanding the exploitation of renewable energy sources, namely solar power, wind power,” said Ha Duc Tung, analyst of VNDirect Securities JSC.Multinational Investment & Development JSC's workers