Japanese investors optimistic about Vietnam’s securities

Japanese stock investors remain optimistic about Vietnam’s stock market, saying it is constantly becoming more professional and now is a good time to transact despite a decline in the VN-index.

The Vietnamese stock market has undergone many changes and continues to gather skilled labour and consumption capacity which will support further development, says securities expert Akira Futamoto.

The investment circle may be worried about the VN-index decline, however some Japanese investors have indicated that now, before the securities index recovers, is the best time to buy shares.

New-S Securities Director Toshiaki Nishikawa forecast the Vietnamese bourse could begin recovery by late this year, however it would take about a year and half before the VN-index returned to its highest level of late 2007. Therefore, the coming time may see more Japanese investors transact in the Vietnamese stock market, he predicted.

VNA

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