Experts believe stock market highs are positive signs for economic recovery

The draft economic stimulus package can be viewed as the key factor resulting in the historic peak of the benchmark VN-Index on the HCM Stock Exchange (HOSE) during the October 27 trading session, opening up greater prospects for economic recovery, according to securities experts.

Experts believe stock market highs are positive signs for economic recovery ảnh 1

 

The securities market on October 27 witnessed unexpected developments following the VN-Index picking up over 31 points to hit its all-time high of 1,423 points.

The index's strong rally was largely boosted by gains occurring in both mid-cap and large-cap stocks across major sectors such as banking, oil and gas, real estate, and securities.

Huynh Minh Tuan, brokerage director of Mirae Asset Securities Vietnam, pointed out that the new peak of VN-Index can be attributed to the draft stimulus package worth hundreds of trillion of Vietnam Dong, which the Ministry of Planning and Investment has been submitted to the Government.

The national economy has been on a downward trajectory following a prolonged period of social distancing measures, therefore it is the right time to launch a stimulus package in order to ensure that the Vietnamese economy does not lag far behind the rest of the world, suggested Tuan.

In his opinion, the new stimulus package is anticipated to exert a positive impact on investor sentiment as stimulus economic packages in Thailand, Malaysia, the European Union, and the United States have all brought about initial remarkable results after being deployed.

In addition, cash flows have increased strongly, with foreign investors returning to net buying trillions of VND after a period of consecutive net selling, which builds up investor trust in the country’s economic stimulus package.

Sharing this viewpoint, Truong Hien Phuong, senior director of KIS Securities Vietnam, affirmed information about the stimulus package has created excitement and confidence among investors regarding the country’s post-pandemic economic recovery.

He revealed that positive information about the business outcomes in the third quarter have proved that key industries, such as banking, securities, steel, oil, and gas have recorded robust growth amid numerous difficulties, a factor which has generated plenty of confidence and captured the interest of investors.

Moreover, the pandemic has been basically controlled in southern provinces, paving the way for businesses to gradually resume production – a move that helps strengthen confidence in the economic recovery and impact the psychology of stock investors.

Again, Huynh Minh Tuan from Mirae Asset Securities Vietnam, emphasised that stocks related to public investment, infrastructure, and construction materials are projected to witness a strong performance at the end of the year.

He advised investors to maintain a high proportion of stocks and restructure their portfolios in line with rising industries such as securities, banking, oil and gas, steel, and real estate.

Investors that have kept a large amount of cash flow are encouraged to take advantage of the adjustments in order to disburse funds to businesses with financial capacity and some projects of great potential, he noted.

VOV

Other News

Data-driven land valuation to curb speculation: Experts

Data-driven land valuation to curb speculation: Experts

From a property-market perspective, Do Thi Thu Giang, National Director of Valuation and Advisory at Savills Vietnam, said the orientations under Resolution No. 21-NQ/TW could make the market more transparent and efficient, with property values increasingly tied to actual development and use potential.

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.

Expo to open door for Vietnamese suppliers to enter US market

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

2026 Banking Sector Digital Transformation to open in Hanoi

2026 Banking Sector Digital Transformation to open in Hanoi

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Vietnam targets higher-quality FDI under Resolution 10

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing and engineering posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring and sustained investment inflows in high-tech manufacturing.

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules.

Financial market reform plan targets high, sustained growth through 2045

Financial market reform plan targets high, sustained growth through 2045

The plan seeks to develop a balanced and modern financial market that is closely integrated with regional and global markets, strengthens the mobilisation and allocation of domestic and foreign capital, and enhances the market’s role as a key provider of medium- and long-term capital for the economy and as a major driver of sustained high economic growth.

An Giang aims to become leading maritime economic hub

An Giang aims to become leading maritime economic hub

Under the province's master plan for 2021–2030 with a vision to 2050, An Giang will prioritise investment in five strategic sectors: strategic infrastructure; processing industries and clean energy; trade, services, logistics and border-gate economy; high-quality tourism; and high-tech agriculture, ecological development and the circular economy.