Vietnam’s equity market witnessed a robust earnings rebound in the first quarter of 2025, as nearly a thousand listed companies disclosed financial results showing widespread improvement across sectors.
As many as 40 enterprises with capitalisation of over 1 billion USD each had been listed on the Ho Chi Minh Stock Exchange (HoSE) by the end of 2024, the bourse has announced.
Listed companies’ earnings growth is expected to recover from zero last year to 10-15% this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.
The profits of listed companies are expected to recover in the second half of the year after performing poorly in the first quarter, buoyed by the recent supportive policies from the Government, said analysts at securities firms.
The profit growth of listed companies is forecast to cool down in 2023 but experts said there are still many positive factors to support the market in the near future.
The Vietnam Association of Financial Executives, the Finance and Life e-magazine (FILI) and Vietstock honoured listed companies with the 2022 IR Award for having the best investor relations in Ho Chi Minh City on September 15.
Some 385 listed companies on the Hanoi and Ho Chi Minh stock exchanges, or 52 percent, have met all information disclosure requirements, according to a survey conducted by the 2022 IR Awards programme.
Many businesses have experienced losses for the first time or after many years due to disruptions caused by COVID-19 in the third quarter of 2021. Their target is now making efforts to revive in the fourth quarter to complete the yearly plan.
Many businesses have experienced losses for the first time or after many years due to disruptions caused by COVID-19 in the third quarter of 2021. Their target is now making efforts to revive in the fourth quarter to complete the yearly plan.
The stock market of Vietnam has fluctuated in line with others around the world since the beginning of 2021, when the markets of the US, the UK, Thailand, and the Republic of Korea, among others have posted growth of over 10 percent.
Market regulators should consider policies to encourage companies listed on the Ho Chi Minh Stock Exchange (HoSE) to temporarily switch to the Hanoi Stock Exchange (HNX), said CEO of VNDirect Securities Co Do Ngoc Quynh.
The real estate inventories of listed companies increased significantly in the fourth quarter of 2020 over a year ago because many projects were stagnant due to the impact of the COVID-19 pandemic, legal bottlenecks and limited financial capacity of the developers.
The Securities and Exchange Commission (SEC) of Thailand is preparing a fine for auditing firms that make errors, aiming for quality internal control for auditors and a quality external audit process for listed companies.
Some 329 listed companies on the Hanoi and Ho Chi Minh stock exchanges have met all information disclosure requirements, 70 companies more than last year, according to a survey on information disclosure on the stock market conducted by the IR Awards 2020 programme.
Listed companies on the Hanoi Stock Exchange (HNX) reported their post-tax profits grew 4.8 percent year-on-year to reach 21.4 trillion VND (912.86 million USD) in 2019.
Corporate earnings were forecast to slow in 2020 as the economy became more vulnerable to external factors, data firms and securities businesses forecast.
Listed companies should find a way to include sustainable development in their business strategies as they seek to improve operations, experts said on September 30.
