Strategy Note – POWER STOCKS – A GOOD BULWARK AGAINST MARKET VOLATILITY – Update
- The liberalisation of the power sector will boost competition and efficiency in the industry.
- Vietnam’s Wholesale Electricity Market (VWEM) is ready to go into official operation in 2019
- If the VWEM begins official operations in 2019, it will be a big step forward in the liberalisation of Vietnam’s electricity sector.
- Power purchase prices will increase due to rising electricity demand, higher production costs and more competition between wholesalers when VWEM begins operations.
Please follow this link for the full report
You Might Be Interested
Strategy Note
149
Market Performance: VN-Index corrects, breaking below the 1,780 support level Following a strong recovery in August, the VN-Index corrected in September, falling to 1,768.62, down 3.5% MoM. The correction came amid rising selling pressure, weaker liquidity and increasingly cautious investor…
Strategy Note
2911
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
8641
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…