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The shares of Vietcombank (VCB), the third largest bank by assets, are down to VND64,000 ($2.76) in the latest publication, down 11 percent from the last forecast. The estimated price of Techcombank (TCB) stocks is also down 20 percent to VND34,600 ($1.48) per share.
The BIDV Securities Company forecast at the end of last month that some banking stocks including VPB, TCB, ACB of Asia Commercial Bank and MBB of Military Bank will post growth of 10-40 percent in the remaining months of the year.
Vietnam’s economic growth is set to slow down from 8% last year to 6.3% in 2023, the World Bank has forecast, pointing to internal and global headwinds. It said in its latest report: "The near-term outlook remains favorable but subject to risks.
22 cze 2023 · VN-Index returns to 8-month peak. By Dat Nguyen June 22, 2023 | 12:59 am PT. An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran. Vietnam’s benchmark VN-Index rose 0.61% to 1,125.30 points Thursday, highest since Sep. 30 last year.
1 dzień temu · Photo by VnExpress/Giang Huy. The economy grew by 6.93% in the second quarter, taking half-yearly growth to 6.42%, surpassing all forecasts and giving businesses confidence a strong recovery is in the offing. Ho Chi Minh City-based garment company Dony saw a "turnaround" in its business in the first half with a surge in orders.
5 kwi 2022 · Vietnam's economy grew by 2.6 percent last year, well below its pre-pandemic trend of 7 percent. The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets. - VnExpress International.
The Consumer Price Index (CPI) rose from 3% in August to 3.7% in September, continuing a sharp upward trend that started in June, the bank said in its latest update on Vietnam. Inflation was due to higher prices of food and foodstuffs as well as housing and construction materials.
