Vietnam stocks likely to rally further


HO CHI MINH CITY: Despite Vietnam’s latest wave of Covid-19, the country’s benchmark index is the region’s top performer with a 21% gain this year. Analysts say it has further to run.

The Vietnam Ho Chi Minh Stock Index could rise as much as 12% more to 1,500 points by the end of the year, analysts said, supported by retail demand for stocks at relatively attractive valuations.

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