With the continuous development of China’s economy, more and more Chinese investors are paying attention to overseas investment opportunities. Vietnam’s stock market has developed rapidly in recent years and has become a new hot spot for investment. However, due to policy restrictions, it is not easy for domestic investors to directly invest in Vietnam’s stock market. This article will focus on the vtc investment and introduce how to invest in vietnam stock market from China.
Introduce Vietnam’s major stock indexes
Vietnam has two stock exchanges, the Ho Chi Minh Stock Exchange and the Hanoi Stock Exchange. The benchmark indexes include: VN Index, VN30, HNX Index and HNX30. VN Index covers all stocks traded on Ho Chi Minh Stock Exchange. VN30 consists of 30 largest stocks on Ho Chi Minh Stock Exchange. HNX Index covers all stocks traded on Hanoi Stock Exchange. HNX30 consists of 30 largest stocks on Hanoi Stock Exchange. These indexes have performed well in recent years.
Introduce major listed companies in Vietnam
Leading companies listed in Vietnam cover various industries such as real estate, banking, steel, IT, consumer goods, etc. Some examples are Vingroup (VIC), Vinamilk (VNM), VietinBank (CTG), Vietcombank (VCB), FPT Corporation (FPT), Petrovietnam Fertilizer (DPM), Hoa Phat Group (HPG), Mobile World Investment Corporation (MWG), Masan Group (MSN), Novaland Group (NVL), etc. Many of them are included in the VN30 index.
Introduce investment products for investing in Vietnam
Currently, the main investment products for domestic investors to invest in Vietnam include: Tianhong Vietnam Market Stock Fund, VanEck Vectors Vietnam ETF. The Tianhong Fund has A share and C share versions, with over 20% annual return. VanEck Vectors Vietnam ETF tracks the performance of Vietnam’s stock market. In addition, some public funds in China also have investment in Vietnam. With the further opening up of China’s financial industry, more products are expected to be launched for investing in Vietnam.
Other factors affecting vtc investment
Vietnam’s macroeconomy, currency, politics, regulations are all important factors affecting vtc investment. Vietnam has maintained relatively high GDP growth and stable currency. However, there are also concerns about asset bubbles, high inflation and loosening monetary policy. Investors need to pay close attention to policy changes and reform progress. Overall, Vietnam’s long-term development prospects make it an attractive overseas investment destination.
In summary, domestic investors currently can invest in Vietnam’s stock market through Tianhong Vietnam Fund and VanEck Vectors Vietnam ETF. With the further opening up of China’s financial industry under the framework of RMB internationalization, more investment channels are expected to be available. Vietnam’s fast growth and huge potential make it a hot investment destination for Chinese investors.