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.

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.

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

This is expected to be a year of significant volatility, with a strong recovery possibly following deep correction.

With a P/E ratio of 11x, lower than most other markets in the world, the Vietnamese stock market is a very attractive choice for long-term investment.