Vietnam stock market's outlook still bright in second half of 2022
The Vietnamese stock market witnessed a strong correction recently, mainly due to international macroeconomic factors, including global soaring inflation and the US Federal Reverse rate hikes.
Speakers attending the conference on "Inflation, Interest rates and Securities" on July 15. (Photo: VNA)
Hanoi (VNS/VNA) 🌠- The Vietnamese stock market witnessed astrong correction recently, mainly due to internationalmacroeconomic factors, including global soaring inflation and the USFederal Reverse rate hikes.
However, experts are still optimistic about the market’s outlookin the second half of 2022 thanks to positive internal forces. After recovering quickly in 2021 with a growth of 5.7%, globaleconomies are facing uncertainties due to the ongoing complexity of theCOVID-19 pandemic; geopolitical risks, especially the Russia-Ukraine conflict;the slow down of the Chinese economy affected by the zero-COVID policy; andrising oil prices that resulting in record high inflation in manycountries. Inflation, debt and energy are three hot issues, BIDV ChiefEconomist Can Van Luc emphasised at the conference on “Inflation, Interestrates and Securities” held by Vietnam Financial Consultant Association(VFCA) and VietFirst Securities Corporation (VSC) on July 15. Statistics showed that the country’s stock market has tumbledsharply to hit bottoms for four periods in its history, including 2007-2008,2011-2012, 2018-2019 and this year. In the three previous periods, the Fed rate hikes, high USinflation and high international oil prices influenced the market’s turbulence.And this time is no different, said Nguyen Minh Hoang, director of the AnalysisDepartment at VietFirst Securities. For the first half of 2022, the market benchmark VN-Index fellmore than 20% and lost 25% from the peak of 1,500 points. The market began its downtrend after Fed raised interest rates forthe first time in June. However, experts are still optimistic about the market as thecountry’s economy sees positive signals. “Our macroeconomy is stable with growth in GDP and consumer priceindex within control,” Hoang said. Rallies of commodities prices are also expected to stop, helpingto contain inflation. In addition, the quick recoveries of listed enterprises are abright spot for the market. “We believe that our listed companies stillcan post a growth of 21-25% this year,” Luc said./.
As securities and real estate sectors are not on the list to receive support, the 2 percent interest rate support package's positive effects on the stock market are not strong.
The Ministry of Finance is considering to put forward another proposal for further fuel duty cut, Minister Ho Duc Phoc told the 15th National Assembly during its third sitting in Hanoi on June 8 amid concerns over soaring fuel prices.
Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter.
The State Securities Commission (SSC) has said it will intensify the monitoring of the stock market to promptly detect suspicious transactions in the remaining months of the year.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Speakers attending the conference on "Inflation, Interest rates and Securities" on July 15. (Photo: VNA) 
