every edited| Xu Shaohang
10month20On the 20th, Vietnam's stock market plunged sharply in late trading, setting a record for the year4The worst single-day market since September.
As of the close, Ho Chi Minh Index plunged5.18%The report1641.57historically higher than last week.1794.58Points fell sharply, and at the same time hit the largest single-day point decline in the past six months (-94.76point)，In addition to,more representativeMSCIVietnam Index fell by5.85%。
In terms of sectors, real estate, securities, and banks have become the hardest hit areas: nearly150Only shares touched.7%Falling limit,VN30Index (Vietnam30Leading enterprises) constituent stocks14Only bank stocks have8Just stopped.。among them,Vietnam Foreign Trade Bank,Vingroupbefore the weight falls.
Market analysts believe that Vietnamese regulators issued the results of illegal inspections of the bond market or triggered the market's sharp fall.
According to China Business News,The Vietnamese Government Inspection Bureau last Friday (10month17Day of PublicationisBond market inspection results, inspection coverage2015year to2023Annually issued bonds.discovered67Issuer (including5There are serious violations, including misuse of funds, insufficient disclosure of information, poor capital management, late payment of interest and early sale of projects.problems such。
among them,Novaran Group, the second largest real estate developer in Vietnam (Novalandbecoming the focus.，According to the results of the investigation, theThe company does not have the conditions for issuing corporate bonds and documents for issuing bonds.2019Consolidated financial statements.Among these,The Government’s Supervisory Authority has approved the Novolan Group and4The cases of the five member companies were transferred to the Ministry of Public Security for consideration and processing.
In addition to,The stampede of profit-taking markets was also an important reason for the sharp fall in the Vietnam stock market.
The data shows,Before this plunge,Vietnam Stock MarketOfperformance is veryStrong: Ho Chi Minh Index from4Monthly tariff shock low67%, the increase during the year exceeded30%，created last week.1794.58The point's historic high is one of the best Asia-Pacific performance indices.
It is worth mentioning that despite the stock price jump, according to data released by the National Bureau of Statistics on October 6, the basic aspects of the Vietnamese economy remain somewhat resilient.
According to the Securities Times, between July and September this year, the country’s GDP grew comparatively by 8.23%, significantly faster than the survey analysts’ 7.15% forecasted average. At the same time, the second quarter’s GDP growth rate also corrected from the previous 7.96% to 8.19%. In September, exports grew comparatively by 24.7%, and imports comparatively by 24.9%. In the first nine months, promised foreign direct investment (FDI) grew comparatively by 15.2%, and FDI grew by 8.5%.
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