The global economic situation shows that mergers and acquisitions have been slowing down, with the possibility of a recession next year. Le Duc Khanh, director of Investment Capacity Development at VPS, talked with VIR’s Thanh Duy about why he has a more optimistic view of the future, with major restructuring and new deals likely to be agreed.
Benchmark indices lost more than 2 per cent on Monday as banking and real estate industries faced strong selling pressure, with many pillar ticker symbols hitting floor prices.
The Vietnamese stock market experienced a choppy week, with the VN-Index falling to below 1,000 points before bouncing back to 1,027.36. Analysts believed that besides strong selling pressure and increased mortgage settlement during the downtrend, investors were also negatively affected by the movements in interest rates, exchange rates, and bond markets.