Economy
.jpg)
Việt Nam, Russia step up economic-trade, sci-tech cooperation
1.
 |
| An analysis by Việt Dragon Securities Corporation has found that Vietnamese banks’ shares are a better investment than shares of foreign banks. - File Photo |
Viet Nam News HÀ NỘI — An analysis by Việt Dragon Securities Corporation (VDSC) has found that Vietnamese banks’ shares have better returns than shares of foreign banks.
“Up to now, this has been an unhappy year for shareholders of many large banks … unless they have invested in banks in Việt
Looking at fluctuations in the share prices of 32 banks in different regions, including Europe,
Four Vietnamese banks that VDSC analysed, Vietcombank, Techcombank, BIDV and HD Bank all had positive year-to-date returns, from 5 per cent to 37 per cent.
Among foreign banks analysed, only JP Morgan Chase had returns of 8 per cent. The others were much lower.
Although admitting that comparing shares of banks operating in different countries would be somewhat pointless, VDSC said that stock prices were quite revealing.
VDSC said that the two factors which were the most important to share prices were the vision (development strategy) and trust of investors.
HÀ NỘI — An analysis by Việt Dragon Securities Corporation (VDSC) has found that Vietnamese banks’ shares have better returns than shares of foreign banks.
“Up to now, this has been an unhappy year for shareholders of many large banks … unless they have invested in banks in Việt Nam
Looking at fluctuations in the share prices of 32 banks in different regions, including Europe, North America and Asia-Pacific, VDSC’s analysis found that Vietnamese banks’ shares were a better investment.
Four Vietnamese banks that VDSC analysed, Vietcombank, Techcombank, BIDV and HD Bank all had positive year-to-date returns, from 5 per cent to 37 per cent.
Among foreign banks analysed, only JP Morgan Chase had returns of 8 per cent. The others were much lower.
Although admitting that comparing shares of banks operating in different countries would be somewhat pointless, VDSC said that stock prices were quite revealing.
VDSC said that the two factors which were the most important to share prices were the vision (development strategy) and trust of investors.
VDSC also said that in Việt
