Hanoi (VNA) - Stock investment funds would enter an opportunity of growth thanks to ♎the on-going economic recovery and foreign capital inflows this year, said Tran Thanh Tan, Vice Chairman and CEO of the Vienam Investment Fund (VFM).
Tan said the year was forecast to boost the local stock market with many IPOs of giant state-owned enterprises as well as the possibility of joining the MSCI’s emerging markets. In addition, foreign investment flows were returning through the Trans-Pacific Partnership (TPP) and free trade agreements. Also, positive businesses and better development of consumer goods, food and technology industries would also lift the market.
While Tan said the market potential was definitely a chance for local funds, especially open-end funds, to grow. Tan said an open-end fund is deemed to offer a more flexible investment option as investors can buy and sell shares directly from the fund itself. Closed-end funds typically issue all their shares at the outset, with such shares being tradable between investors thereafter.
Switching from closed-end funds to open-end funds became an inevitable trend that brought benefits to local investors and market developers, he said.
The majority of investors in Vietnam are individuals, who do not have enough capital for real estate investments and have no intention of depositing their money in banks for little profit. As they have little experience in the stock market, the CEO said that an open end fund would be an individual investor’s best choice.
Tan said many funds offered investors with programmes that only needed a small amount of capital, from 1 million VND, and had simple procedures. Currently, most of managed funds offered diversified products suitable for businesses and individuals.
Seeing the potential, nine open-end funds were established last year, including VF4. VFB and VF1, which were among the most profitable and successful in the local market.
However, not all funds achieved the same good results. According to the latest business results of seven funds which posted their financial results of 2015, four reported losses due to being less attractive to local investors.
The CEO said that investment funds were quite new for most local investors who did not yet trust others to manage their investments in such risky areas like the stock market. He added that local investors would spend their money on funds that were transparent and high profile.
According to the State Securities Commission (SSC), by the end of 2015, the fund industry has 30 stock investment funds including 17 open end funds.-VNA
VN Index will climb to reach the highest level since 2008 as a rising economy and earnings draw investors, Bloomberg Business news reported on March 15.
Vietnam is the second-most optimistic country in consumer confidence in the Asia-Pacific, following Myanmar, as per the MasterCard Index of Consumer Confidence.
The Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange will further professional exchange and support as well as cooperate in areas of shared interest.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
Illustrative image (Source: Internet)
