Factors favorable tai bet88 stock market development

Vietnam’s stock market still has many opportunities to develop in tai bet88 time to come, according to a report on tai bet88 stock market’s outlook in 2022 from Mirae Asset.

tai bet88 report predicts that tai bet88 VN-Index in 2022 will increase by about 1,700 points, up 15 per cent compared to tai bet88 end of November. Most industries will post positive growth next year, with earnings per share (EPS) growth forecast at 24 per cent year-on-year.

There are five main drivers of development. The first is that fiscal policy will continue to support the recovery of the economy. The second is monetary policy, as the economic restart in October means credit growth is expected to accelerate in the fourth quarter, tai bet88 13 per cent both this year and next. The third is that market valuations are relatively attractive and there is potential to attract more foreign capital flows.

tai bet88 fourth is State divestment being promoted, with tai bet88 Department of Corporate Finance developing a divestment plan in 2022 while tai bet88 divestment of six enterprises managed by tai bet88 State Capital and Investment Corporation (SCIC) is expected to earn VND40 trillion (.72 billion). tai bet88 fifth is tai bet88 stock market remaining attractive compared to low interest rates. tai bet88 upside potential of tai bet88 VN-Index is therefore still substantial.

Regarding tai bet88 value outlook of stocks, tai bet88 report showed that industrial real estate, steel and galvanized steel, consumer and retail, banking, and textiles will experience positive growth momentum during tai bet88 recovery from Covid-19.