Tag: State Securities Commission

Amidst the robust growth of Vietnam's stock market, a recent analysis by VNDirect underscores the rationale behind the elevated valuations of securities companies. This perspective highlights the sector's alignment with the market's upward trajectory, reflecting its intrinsic value and potential for sustained performance.

Over the first nine months, cumulative revenue reached VND 25,404 billion, a 17% increase year-on-year, with pre-tax profit hitting VND 2,332 billion, up 84% compared to the same period. Net profit for the nine months surged 74% to VND 1,857 billion.

Stock market predictions for October 30th indicate a shift in focus towards stocks with strong financial performance. Investors are expected to channel their funds into companies demonstrating robust business results.