Even though economic growth is expected to strongly recover this year as the pandemic has been contained, companies in many sectors have still lowered their profit targets.

Shares are forecast to rebound this week on the positive Q1 earning results and stable cash flow, analysts said.

Shares are forecast to go up this week, propelled by foreign net buying and positive first-quarter business results from listed companies. 

On the stock market of Vietnam, many businesses offering unusual or specialty products and services have obtained impressive results.

Nearly VND324 trillion (over $14 billion) was mobilised through G-bond auctions at the Hanoi Stock Exchange (HNX) in 2020, accounting for 108 percent of the set plan.

The first trading session of Vietnam’s stock market in 2021 opened on January 4, with a gong-beating ceremony held by the State Securities Commission and the Hanoi Stock Exchange (HNX).

Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, 

Although Vietnam's stock market has experienced five consecutive weeks of gains with record-high liquidity, analysts said investors’ caution and the uptrend would weaken as the VN-Index approaches the resistance level of 1,030 points.

The benchmark VN-Index on the Ho Ch Minh Stock Exchange (HoSE) gained 0.62 per cent to close Friday at 847.61 points.

Unlisted public companies are planning to move to the Ho Chi Minh and Ha Noi stock exchanges to increase share liquidity and capital.

The Binh Son Refining and Petrochemical Corporation (BSR) has filed for listing on the Hanoi Stock Exchange, the northern market regulator said on June 2.

Vietnamese stock market is forecast to move higher this week, where correction and volatility is expected.

Local stocks are expected to keep rising this week but their growth would be slower as goods news dries up.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) took a nosedive to close at 835.49 points on March 9, recording the worst slump since 2002.

Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Pham Hong Son said on Wednesday.

The Vietnam Rubber Group JSC (GVR) will move four billion of its shares listing on the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE).

The Ha Noi Stock Exchange (HNX) will continue petitioning State management agencies this year to consider allowing margin trading on the Unlisted Public Company Market (UPCoM).

 The Vietnamese stock market has been forecast to fall next week amid fears of coronavirus and a focus on pharmaceutical stocks.

The derivatives market is likely to grow stronger in 2020, offering high profitability to investors, analysts have said.