11:22 23/07/2021

Stock market: Is dominance of banking and real estate unhealthy?

Tra My

Vietnam’s stock market is one of the fastest growing in the world, but the high proportion of stocks in major industries makes retail investors cautious. The banking sector accounts for 34.55 per cent and real estate 21.39 per cent, for a total of 55.94 per cent; a ratio rarely found elsewhere. To enhance the durability of the market, it is important to diversify sectors. Production and business sectors associated with science and technology should be among those driving the market.

The banking sector and real estate sector account for a very large proportion in the Vietnam stock market
The banking sector and real estate sector account for a very large proportion in the Vietnam stock market