Vietnam Stock Market News

Vietnam Financial News

Vietnam stock market outperformance may end, Credit Suisse says   2009-09-03 - Bloomberg

 
 
   
Vietnam’s stock market rally, fueled by surging bank credit since April, may stall as lending slows, Credit Suisse Group AG said.

Investors are advised to exit as “valuations look excessive in light of the considerable risks and difficulties of investing in Vietnam,” Credit Suisse analysts Joseph Lau and Dan Fineman said in a strategy report Sept. 2.

“The market’s recent run provides a good opportunity to take money out,” Credit Suisse said. “Dollars are available for repatriation, volumes are up and relative valuations place the market at a sizeable premium to the region.”

Vietnam’s VN Index, the benchmark measure on the Ho Chi Minh City Stock Exchange, has surged 71 percent this year, the third-best performer among 90 gauges tracked by Bloomberg worldwide. The VN Index rose 17 percent in August in its sixth straight monthly gain.


Other Financial News

VN-Index starts new month on positive note   2009-09-02

Stocks advance on brighter economic prospects   2009-08-31

VN-Index goes past 540 despite fuel price hikes, Asian losses   2009-08-31

Foreign investment in Vietnam stocks $5 bln   2009-08-29

Blue-chip sell-off drags market down   2009-08-26

Markets gain on strike in trading   2009-08-24

HNX-Index Rises, Led by US Rally   2009-08-19

Banks moving to list shares on HCM City exchange   2009-08-17

UpCom lacking banks, why?   2009-08-14

Stock market bustling, more businesses enter the bourse   2009-08-13

Stock briefs   2009-08-09

Stock market will record a new peak in August, investors feel   2009-08-06

Listed companies’ finance reports not verified yet   2009-08-05

Stock indexes rebound strongly in last session of July   2009-08-01