Investment opportunities booming despite increased volatility

In addition to the nearly 100 guests who joined the event live, the event enticed thousands of online viewers on VIR's fan page, website, and YouTube platforms.

In his opening remarks, Le Trong Minh, editor-in-chief at VIR said, “Many investors around the world are eager to explore the new investment opportunities that are presented by the changing economic environment. However, as it becomes more complex, it is increasingly difficult to find opportunities. The old methods of investment and business are no longer effective in the current context.”

Experts forecast that 2023 will be a difficult year for the global economy, negatively affecting investment channels. However, history has proven that there are always opportunities in any situation.

Nguyen Tri Hieu, economist

All the problems from 2022 will linger this year, including liquidity problems in the stock and real estate markets, so we must prepare to enter 2023 ready to cope with new crises. I think the stock market will be strongly influenced by both internal and external factors.

I expect the Fed will stop raising interest rates around mid-2023 once inflation in the US is under control. It is very unlikely that the benchmark VNIndex will return to the 1,500 point range, as it is expected to fluctuate around the current level until about the middle of the year. I believe that Vietnam’s stock market will rally, gain points, and further evolve in the second half of the year.

Pham Duy Khuong, managing director, ASL Law Firm

In 2022, many legal issues were tightened, especially those that seemed to be unsolvable relating to bonds, stocks, real estate, blockchain, and digital assets. The State Bank is also expected to tighten the transfer of money abroad in the near future, meaning we must choose the right investment methods. During the consultation process, I see many foreign investors pouring money into areas where there is no clear legal corridor, such as blockchain or electronic exchanges. Many Vietnamese investors ignore legal factors and only focus on profits. Therefore, when making investment decisions, it is necessary to determine the legal status of the subjects and their business licences.

Hoang Nguyet Minh, senior director of Commercial Leasing, Savills Hanoi

Over the last six months, the real estate market has created a negative feeling across the whole investment economy, including businesses and individuals. Residential real estate is currently the most affected segment in the market. However, other product lines such as offices for lease are still renting well and the retail segment has started to recover. Hotels have bounced back, and so has industrial real estate. Factories, warehouses, and logistical systems continue to expand, and foreign capital considers Vietnam has having huge potential. International investors are willing to inject money, even from non-loan sources.

Thai Viet Dung, director, Exness Vietnam

It is possible to grab smart investment opportunities in the new, volatile environment if one's knowledge of risk management is sufficiently high. 2023 is expected to be a tumultuous year for investors as the conflict between Ukraine and Russia grows, inflation remains high, and economic contraction continues as expected. This is predicted to lead to tighter monetary policies and mass lay-offs in large global technology companies.

Vu Huu Dien, director of portfolio management, Dragon Capital

2023 will be a profitable year for investors who understand market research and have sufficient confidence. The stock market is now something that everyone fears because it has lost too much value.

Interest rate hikes in 2022 had a significant impact on business results for the majority of publicly traded firms, particularly those using virtual currencies. However, I believe that positive corporate outcomes will eventually return.

A programme to promote investment and trade connectivity between Vietnamese enterprises and Singaporean partners was held by the Investment & Trade Promotion Centre of Ho Chi Minh City ((ITPC), in the southern hub on August 23.

Vietnam’s central province of Thua Thien-Hue is taking action to pick up a possible new wave of investment. Nguyen Dai Vui, director of the provincial Department of Planning and Investment, talked to VIR’s Bich Thuy about future funding orientations and how to attract more economic interest in the province.

A delegation of 36 Danish investors will visit Vietnam to look for partners and investment opportunities in renewable energy, especially offshore power early next month.

Although the market faced a standstill at the end of 2022, wealthy investors are still hunting for potential business opportunities after the Lunar New Year holiday.

Many billion-dollar investment funds have the intention to pour money into the Vietnamese stock market, an event held by VIR has heard.