Investor confidence is forecast to soar following recent Thai economic expansion. (Photo: Reuters) Bangkok (NNT/VNA) – Investor confidence is forecast to soar following recent Thai economic expansion, continuously increasing stock market index and the global economic recovery. The Federation of Thai Capital Market Organisations has published an investor confidence report, January 2018 issue, which forecasts the stock market index in the next three months. In March 2018, the index is predicted to stand at 153.94 points, increasing by 2.08 percent compared to February of the same year. Positive factors for the index hike include higher economic growth, capital inflows as well as the Thai stock index’s increase to 1,753.71 in December 2017. Such an increase is close to the index’s all-time record high. The US’ tax policy which is expected to stimulate the US economy is another positive factor for the Thai stock index. International capital flows and the Thai political situation are among the factors that may negatively impact on investor confidence. The report speculates that the Thai stock index might tumble if the government does not announce a general election this year. Furthermore, if the government raises the policy interest rate, funds will move from the capital market to the savings market. The report predicts that this year’s Thai stock index will move between 1,650 and 1,870 points. – VNA
The benchmark VN Index rebounded 0.7 per cent to close at 575.91 points after declining by 0.8 per cent in the previous two trading sessions. (Photo: nld.com.vn)Hanoi (VNA) - Vietnamese shares rose on both local markets on March 10. Financial firms, including banks, insurance companies and brokerage firms, made gains.The benchmark VN Index rebounded 0.7 percent to close at 575.91 points after declining by 0.8 percent in the previous two trading sessions.The HNX Index on the Hanoi Stock Exchange also rose 0.7 percent to close at 79.89 points, extending a two-day gain of 1 percent.Better investor confidence on March 10…... [read more]
The VN-Index has edged up over the past fortnight, raising the spirits of investors hurt by the market nosedive during the first six months of the year. The outlook for the market is looking much rosier than it did a few months ago. The stock market will struggle to bounce back in the near term but it will stage a noticeable recovery by the end of the year, Dinh The Hien, a Ho Chi Minh City financial expert told Thanh Nien in an interview. Here are excerpts: Reporter: Dinh The Hien: A bounce-back of the stock market was inevitable since…... [read more]
New manufacturing orders rise sharply in AprilPhuong Thao HCMC – The strong growth of new orders continued to support rises in output, employment and buying activity in the Vietnamese manufacturing sector in April, with a survey-record increase in new business from abroad reported. According to a Nikkei report released on May 3, the Vietnam Manufacturing Purchasing Managers’ Index (PMI) was 54.1 in April, down from 54.6 in March but still a solid monthly improvement in the health of the sector at the start of the second quarter. Business conditions have now improved in each of the past 17 months. A…... [read more]
Vietnam's consumer confidence index fell sharply in the second half of this year, according to the results of a survey by MasterCard Worldwide released on August 1. The survey, which covered 14 countries in the Asia Pacific region, indicated that Vietnam's consumer confidence stood at 77.1 points in the second half of 2011, compared with 90.3 points in the first half of the year, and 93.7 points of the last half of 2010. The survey attempts to quantify people's confidences in economic recovery measures, the labour market, the stock market and living standards in the last six months of this…... [read more]
According to NFSC, FDI capital, especially registered capital in the first nine months this year, increased sharply in comparison to a year previous. FDI capital during the period reached an estimated USD15 billion, a year-on-year rise of 36.1 percent. Of this, newly-registered capital was USD9.29 billion and increased capital was USD5.71 billion, up 34.9 percent and 37.9 percent, respectively. In addition, thanks to improvements in the macro-economic climate, Vietnam's competitiveness index rose continuously, increasing five ranks from the 75th to 70th place, while the macro environment index jumped from the 106th to 87th place. On the international market, foreign investors'…... [read more]
