Tourism stocks likely to heat up during peak season - News Summed Up

Tourism stocks likely to heat up during peak season


People flock to Đầm Sen Water Park in HCM City during the summer. — Photo dantri.com.vnHÀ NỘI – Summer is the peak season for tourist companies and high sales and dividend rates are expected to drive tourism shares up in the coming months. Shares of Thành Thành Công Tourist JSC (VNG) and Superdong Fast Ferry Kiên Giang JSC (SKG) were also favoured by investors. There are 19 tourist companies listed on official and unofficial stock exchanges in Việt Nam. Market analysts have said the low liquidity can be attributed to the fact that most listed tourism companies are small- and medium-sized enterprises with volatile business performance.


Source: Viet Nam News April 23, 2019 03:00 UTC



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