Returning from the one-week Tết (Lunar New Year) holiday, Việt Nam’s benchmark VN Index is forecast to grow strongly with banks leading the market upturn.
Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Việt Nam Institute For Economic and Policy Research (VEPR).
The Vietnamese stock market will be in good health in 2018, despite possible cautions, risks and imbalances, argued economic experts at an online discussion yesterday.
Shares fell further on the two local markets on Tuesday as investor confidence remained low on potential global risks, a coming holiday and a six-day decline of oil prices.
Việt Nam’s stock market outlook will likely remain negative this week as a lack of supporting business information and potential global risks drive investor confidence down, according to analysts.
Việt Nam’s benchmark VN-Index closed down on Friday, erasing its early gain as large-cap shares were sent lower by strong investor selling.
Vietnamese shares on Thursday retreated from short gains as investors remained cautious of potential risks in the world market.