GREEN MOMENTUM LIKELY TO PERSIST ON VIỆT NAM'S STOCK MARKET
Việt Nam’s stock market staged a strong rebound last week, recovering after two weeks of consecutive declines that had wiped more than 40 points from the VN-Index.
POSITIVE OUTLOOK FOR VIỆT NAM’S BANKING SECTOR IN 2025
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth, according to investment management firm VinaCapital.
CREDIT EVOLVES MORE POSITIVELY
2024 continued to pose a lot of challenges to the global economy, marked by fluctuations in interest rates and geopolitical tensions. However, despite global economic volatility, Vietnam was still considered a bright spot in the regional economic landscape, with important contributions from the banking industry.
VIETNAM’S STOCK MARKET GAINS TWO MILLION NEW ACCOUNTS IN 2024
Vietnam’s stock market witnessed robust growth in 2024, with over two million new investor accounts opened, reflecting a surge in market participation. By the end of December, the total number of domestic investor accounts exceeded 9.2 million, surpassing the country’s 2025 target a year early.
THE BRIGHT PROSPECTS OF VIỆT NAM'S ASSET MANAGEMENT INDUSTRY
According to a 2023 Knight Frank report, Việt Nam boasts 19,400 US dollar millionaires, marking a 98 per cent increase over the past decade, which includes six billionaires and 58 individuals with over US$100 million in assets.
FORECAST UPBEAT FOR BANKING INDUSTRY IN 2025
They explained that the real estate market has gradually recovered, while the Government has also been promoting public investment. These factors will help stimulate an increase in credit demand, which will support banks' lending yields in the second half of 2025.
FOUR MAIN DRIVERS OF VIETNAMESE STOCK MARKET IN 2025
Positive prospects of a stable manufacturing in 2025 are supported by supply chain diversification benefits from the “China +1” strategy, and Vietnam will continue to attract FDI inflows in the coming time.
BANK CAPITAL CONTRIBUTION NEEDS INVESTIGATION TO PREVENT CROSS-OWNERSHIP
It is necessary to investigate the investment and capital contribution of individuals or economic organisations related big bosses in the banking sector to prevent cross-ownership and manipulative ownership in banks, experts said.
