Tensions only impact Vietnam’s stock market in the short term

The firm said the country’s stock market was on track to follow the path of economies that were dubbed “Asian tigers” about 25 to 30 years ago, including Hong Kong, Singapore, South Korea and Taiwan.

HANOI: Escalating geopolitical tensions between Russia and Ukraine would have a short-term impact on the Vietnamese stock market, but the market still has positive growth prospects in the long term thanks to stable macro factors.

VN-Index closed last week, the ninth week of 2022, with three gaining sessions, two decreasing sessions, losing 5.95 points, or 0.4%, closing at 1,498.89 points.