Working from home and online schooling amid Covid-19 have pushed up demand for laptops. There has been a shortage of electronics in many localities as demand has increased and supply has not kept up. Sales of some laptops has risen by 200 per cent.
Experts have predicted that cash flows won’t go into every stock in Vietnam during the second half of 2021, adding that only stocks that are able to maintain growth in the context of the pandemic and when the economy recovers will benefit. Other experts are concerned that stock prices are too high. But “high” or “low” remains subjective and depends on profit growth expectations. There are many investors who buy or sell based simply on emotions.
Transactions for and the price of gold have virtually “frozen” in Vietnam since the beginning of July. The recent upturn in the USD exchange rate has put downward pressure on the precious metal, though it is still supported by accommodative monetary policy from the central bank and the need for hedging during the pandemic.
The top 5 most popular automobile brands in Vietnam in the first half of 2021 are Hyundai, Toyota, Kia, VinFast, and Mitsubishi, which have all posted increased sales. This is a positive result amid the difficulties the industry has had to face.
A report from the research team at the United Nations Development Program (UNDP) in Vietnam pointed out that Covid-19 has not directly impacted the country’s car industry but instead presented it with more opportunities. They suggest that Vietnam quickly issue suitable policies so that its car industry can focus on a transfer to electric cars in the time to come. Electric cars are the future of Vietnam’s car industry, the report noted, and will mark the country’s position in the global market.