2:14:24 PM | 31/7/2008
Vietnam’s stock market is seen the most attractive for investors in comparison with other investment channels of gold, U.S. dollar and property, MA Dinh The Hien, a financial and independent investment expert said.
Hien made the affirmation in the seminar "Analysis of Investment Features and Opportunities from Realty, Gold, Foreign Currency and Securities in Current Situation" held by Vincom SC in HCM City.
Securities investors often have various options to choose stocks based on their financial capacity and companies' performance, Hien said.
Shares on HOSE and HASTC are quite cheap for buying as their values have lost 50 per cent-60 per cent so far.
Meanwhile, gold and U.S. dollar are not effective investment channels as they are only good reserve hedges against high inflation and depreciation of Vietnam dong, he noted.
The property market also offers fewer opportunities for individual investors.
Recently, Bao Viet Securities Company has also released an analysis, saying that petrol price hike is a good signal for the economy in the long-term, which will help boost the stock market in the second half of this year. The VN-index closed up 2.2 per cent to 444.4 on July 29. (Securities Investment)
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