Local investors remain the driving force for the stock market to surpass the 1,200-mark in the coming time.

A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality.

Banking sector is set to post a strong growth of 21-28% year-on-year in pre-tax profit in 2021, subsequently leading to higher value of banks stocks.

Compared to the same period of last year, liquidity surged a whooping of 291.04% in transaction volume and 334% in value.

Vietnam’s rising income per capita would soon move cars from a luxury product with a passenger vehicle density of 34 per 1,000 to a more ordinary one with a density level comparable to countries in the region.

The return of foreign investors, large amount of money from new investors, and low interest-rate environment are factors that continue to keep up the Vn-Index, said an expert from SSI Securities Corporation.

The State Bank of Vietnam (SBV), the country’s central bank, could promote a reduction in financing costs and lower borrowing costs to help ease hardship for businesses.

The selloffs in Vietnam tracked losses in major Asia markets as fears over the ongoing coronavirus outbreak in China continued to weigh on investor sentiment.

Business sectors that could capitalize on the 100 million population will be set for strong growth, said an expert.