VN Index expected to surpass 1,300 points in 2018Viet Nam’s benchmark stock index, VN-Index, could exceed 1,300 points in 2018 due to the positive outlook for the country’s economic growth and a strong inflow of foreign investment. The minor HNX Index on the Ha Noi Stock Exchange also finished last year on a positive note at 116.86 points. The northern market index made up a five-straight-day increase of 3.4 per cent and totaled annual growth of nearly 46 per cent. Analysts expect all of these factors to provide a further boost to both the country’s economy and stock market in 2018, with strong growth expected in banks and energy firms. Bac A Bank was the fifth commercial bank to trade shares on the stock market after VPBank, Kien Long Bank, Lienvietpost Bank and Vietnam International Bank.

Source: VietNamNet News January 02, 2018 01:18 UTC