Corporate profits on Vietnam’s three stock exchanges rose 26.96% year over year in the fourth quarter of 2024, signaling a gradual recovery across industries. However, the pace remains uneven. While telecom, media, and consumer discretionary sectors posted strong growth, energy, oil and gas, and insurance lagged amid global price pressures and domestic cost increases.
Foreign investors continued to sell, offloading more than $558 million by Feb. 25, 2025, while domestic capital returned to the market. The VN-Index gained 2.45% year to date to 1,303 points, supported by banking, securities, and infrastructure stocks, as expectations grow for a market upgrade and improved trading systems.
This article is a condensed and translated summary (original in Vietnamese, VN) of a feature published in the March 2025 issue of Bloomberg Businessweek Vietnam.
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