Vietnamese brokerage stocks to continue rallying due to improved trading capacity, low borrowing costs, and increased retail investing.

Vietnamese brokerage stocks are set to continue rallying due to improvements in trading capacity, low borrowing costs, and increased retail investing. Vietnam plans to introduce a platform with 3-5M orders/day capacity, benefiting from the central bank's policy easing, which has led to economic rebound and attracted individual investors. Brokerage stocks are expected to gain from the system upgrade and potential FTSE Russell emerging-market status upgrade. The VN Index has been the best performer in Southeast Asia this year.

March 18, 2024
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