BSC coordinated with HNX organized a seminar on Vietnam Securities Market Outlook 2016

- 26/01/2016 1:37:01 PM


On 25/01/2016, BIDV Securities Joint Stock Company (BSC) coordinated with the Hanoi Stock Exchange held a seminar on Outlook for Sectors and the Securities Market Opportunity 2016 at the Hanoi Stock Exchange. The seminar attracted the interest of the majority of investors.

At the beginning of the seminar, Mr. Tran Thang Long, Head of Analysis Department - BIDV Securities Joint Stock Company (BSC) had a presentation on Vietnam and World Macroeconomic Overview for 2015 which was a relatively positive year for investments on Vietnam securities market. Macroeconomic continued to grow, being a rare bright spot in the region. It is the 4th consecutive year of growth for VN-Index despite economic and geopolitical uncertainty inside and outside Vietnam.

Referring to 2016 outlook, BSC said that investment opportunities in the coming year will be limited and require more cautious. Macroeconomics will continue to recover thanks to macroeconomic stability in recent years as well as the benefits of FTAs, etc. However, the challenge for growth will increase, particularly the impact of China’s economic slowdown and the impact of the dollar appreciation, etc.

According to BSC, the securities market outlook in the first half will be brighter than the rest period of the year. Investors should focus on the sectors benefiting from the FTAs, the sectors benefiting from lower raw material prices, the basic stocks with high dividends, and the stocks from state owned enterprise divestitures or stocks which are out of room.

Some industries such as Real Estate, Construction, Building Materials, Technology, Ports, Textile, Electricity, Water, Milk and Fertilizers are evaluated positive in 2016 by BSC. Meanwhile, the BSC identifies some sectors such as Natural Rubber, Marine Transportation, Pharmaceutical, Fisheries and Oil and Gas will face many difficulties in the coming year.

This is the 3rd consecutive year that BSC has implemented Seminar Series on securities market outlook. In 2016, BSC is honored to be co-organized unit with Hanoi Stock Exchange.

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