As exchange rate risks remain, foreign portfolio investors are expected to continue taking a hands off approach to directly trading Vietnamese stocks.
“Foreign portfolio capital will heavily flow into Vietnam over the next six to 18 months”
As international bond markets recover after the 2008 global financial crisis, Hoang Anh Gia Lai group is looking to benefit from attractive borrowing costs.
Foreign portfolio investment capital inflows into Vietnam will continue to rise in coming months.
Despite short-term macro risks, Vietnam’s stock markets are primed for a comeback in 2011.
Flagging foreign portfolio investment capital inflows this year are underlining exchange rate risks.
Japanese portfolio investors are set to take aim at the Vietnamese market.
With market liquidity falling to record lows in eight months, analysts believe domestic equity prices are close to the floor.
In Vietnam, the market also guesses new flows of foreign investors are coming. If this is true, it is
supportive market news
Vietnam’s vulnerable banking system has survived its initial stress test, says a leading Vietnamese economist.
The central bank’s new circular on safety ratios has been largely priced into recent equity valuations, with analysts believing it will continue to dominate market investors’ minds.
Vietnam’s stock market index is at critical point for analysts to forecast what the next move for equities is.
‘Therefore, given the volatility of the VN-Index, we recommend short-term investors keep a watch and restrict transactions’
Numerous Vietnamese joint stock firms have failed to organise annual shareholder meetings and are leaving investors out in the cold.
Securities investors are holding off on buying even though most analysts are calling Vietnamese equities prime bargain purchasers. The VN Index on the last trading day of February continued its downtrend at 663.3 points, from 687.1 points the previous week.