Bad news globally and relating to Vietnam’s macro-economic conditions were fully reflected in the stock market in the first half 2022. The VN-Index saw a steep decline that resulted in many individual investors and even foreign funds incurring heavy losses. In July, however, the stock market began to recover, which led to foreign funds reporting profits. Though these profits are modest, a promising future now awaits.

Yuanta Securities has forecast that during the portfolio restructuring period in the second quarter, two foreign funds with a size of nearly $1 billion - the FTSE ETF (exchange-traded fund) and the V.N.M ETF - will strongly buy four stocks: FTS, SHB, NLG, and VCG.

Foreign investment funds continued to trade inefficiently and suffer losses in March. Their activities are expected to improve in the coming months, however, as the VN-Index is forecast to grow strongly throughout the year, driven by macroeconomic factors.

“Billion-dollar” investments were of huge interest to foreign investment funds in Vietnam’s stock market in 2021, but 2022 is a more difficult situation, with many funds facing losses, some heavy.