CK is gradually stabilizing, sustainable

CORRESPONDENTS: - Where are the reason he made the above statement?

 

Mr. DANG TRAN LIGHTHOUSE: - This specifically through the macro-economic indicators are showing signs of recovery: GDP growth for 9 months impressive 6.5%, the highest in the last 5 years, exceeding the target of 6.2% as the government has proposed. Some international financial institutions said GDP could reach 6.5% for the whole year, even higher. Indicators of inflation at a low level, the CPI in September and predicted negative growth were consistently lower by gasoline prices influence policy and economic stability. For import-export activities, Vietnam has become a net exporter in 2013, 2014.

 

As of the session on 28-10, VN Index rose 9.51%. Statistics from Bloomberg, Vietnam is the only market foreign investors were net buyers in year to 30-10 days worth of 209 million USD, while the stock market in Indonesia and Thailand respectively net selling 1 billion and 3 billion. This data demonstrates Vietnam's stock market is still attractive to foreign investors and have good growth potential. In terms of technical analysis, calculated from the lowest bottom landmark moment VN Index 235 points (24-2-2009), despite market volatility but still in a sustainable uptrend.

 

- He predicted the stock market outlook How about from now until the end of the year?

 

- In my opinion, the market is receiving active support as the Fed does not raise interest rates to maintain the session until next December; policy support from the government and management bodies (Decree 60 amending and supplementing Decree No. 58 stipulating in detail the Securities Law and the draft circulars Stock Exchange (revised Circular 74 ) divestment proposals from SCIC in large enterprises; Foreigners were net buyers often late; macroeconomic growth continues; P / E at attractive levels compared to the market in the region ...

 

However, in stark contrast, the stock market is still facing some negative impact as the Chinese situation and oil prices remain low. Therefore, Vietnam's stock market is expected to fluctuate in the 600-610 points, but will be differentiated by sector. Overall in sideways trend but not without investment opportunities, because at any stage of the market are segmented into groups of different sectors.

 

- Vietnam and 11 countries recently completed negotiations trans-Pacific partnership (TPP), said this will impact on stocks which sectors?

 

- An appropriate number of shares of the investment industry in 2015 as the final phase: construction materials, information technology, textiles, ... I think that will be the focus of textile that the industry is estimated to have strong growth prospects great opportunities from the signing of free trade agreements.

 

Known today most businesses are closed until the end of the line. Meanwhile, input prices of raw materials continued downward trend, helping businesses improve margins. Therefore, revenues and profits are expected to grow positively in 2015, most are completed or exceeded the plan.

 

In the longer term, developing geographical balance garment sector is very large. Besides benefiting from the trade agreements: TPP, Vietnam - EU, Vietnam - Korea ... The ongoing business activities promote investments to increase production capacity, finishing cycle production, enhance added value and build retail system to exploit the domestic market.

 

On the other hand, many companies have been diversifying their sources of raw materials, reducing the dependence on the Chinese market. In fact, the textile industry in general is always a positive price developments than VN Index, as well as some other industries. Typically in phase eve TPP officially announced completion of negotiations, most stocks in the sector have recorded strong price gains.