Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.

By the end of 2024, the benchmark VN-Index reached 1,266.78 points, up 12.11% from 2023.

Starting November 2, foreign investors will no longer be required to pre-fund 100% of their transactions, promising the removal of a major roadblock for Vietnam's market upgrade process.

The projected P/E ratio for the VN-Index this year is 11.5, below the 5-year average of 13.4, potential for the benchmark to rise in the second half of the year and 2025.

On average, about 4,265 new retail and institutional accounts were added to the market each day.

Brokerage firms are expected to prepare data for the transition to the new system.

Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.