Title | BSC Vietnam Sector Outlook 3Q2023_EN |
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Report Type | Phân tích ngành |
Source | BSC |
Detail |
Date : 14/08/2023 Total pages : 95 Language : English File Type : .PDF FileSize : 7402 Kb Download: 880 Download |
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Short Content |
Dear Value Investors, Over the years, BSC often provides investment topics, general assessment of possible opportunities, helping investors to have more options throughout the year. The year 2023 is forecasted to face many difficulties with the global economic growth being forecast to slow down. BSC continues to raise issues that will have great influence and lead the market in 2023, including:
In 2023, headwinds include (1) Rising inflationary pressures, (2) Slowing import and export activity, (3) High interest rate environment, (4) Risks from corporate bond and real estate markets will create challenges to the goal of fulfilling economic growth plans. However, we still see some intertwined positive factors that can offset these adverse factors such as (1) Exchange rate maintaining stability, (2) China opening up, and (3) Boosting public investment disbursement. Therefore, BSC believes that Vietnam's current economic indicators show that we are still in the INITIAL RECOVERY PHASE, characterized by most signs such as (1) Savings interest rates starting to trend downward, (2) Inflation peaking and under control, (3) Long-term interest rates reaching the bottom and bond prices peaking, and (4) Stock prices forming an upward trend BSC wishes all investors a wise, lucky and successful investment year! |