Market Strategy – Vietnam in the midst of global easing
- Global central banks coordinate to combat coronavirus fallout.
- Vietnam’s central bank took strong move to battle COVID-19 impact.
- The Vietnamese dong stays stable amid the chaos.
- Easing global financial conditions will not boost capital inflows into Vietnam in the short term, however, it could gradually stabilise investors’ sentiment in the financial market.
- In the medium- to long term, massive funds would flow into the countries which are able to bring manufacturing activity back to normal at the fastest pace, regarding which Vietnam is among the most potential candidates.
Please follow this link for the full report
You Might Be Interested
Strategy Note
250
Global De-escalation in the Middle East conflict improved risk appetite, driving global ETF flows back into risk assets in April. Equity ETFs continued to lead with net inflows of USD165.5bn, up 62.3% MoM. Bond ETFs recorded net inflows of USD45.6bn, up…
Strategy Note
2650
We believe that the main growth driver for Vietnam’s economy in 2H23 will mainly come from the government’s economic support policies. Therefore, Vietnam’s key investment topics in the second half of 2023 will be closely related to an easing monetary…
Strategy Note
8159
In May 25, the SBV decided to reduce some policy rates such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to 6-month term (down by 0.5% points),.. The 12-month deposit interest rates of commercial…
VI
EN
JA
ZH
