The bond market has become an important capital mobilisation channel for enterprises, especially real estate firms. However recent scandals have caused uncertainty, threatening the development of public companies, the Vietnamese stock market and the realty industry.

Shares are forecast to continue their uptrend after absorbing more supply, said analysts.

The Vietnamese stock market witnessed a strong correction recently, mainly due to international macroeconomic factors, including global soaring inflation and the US Federal Reverse rate hikes.

Stocks stumbled on Friday as investors’ optimism petered out amid strong selling forces.

US stocks closed modestly lower on June 13 after investors tried to get to grips with harsher-than-expected inflation data for June, which fuelled fears that the Federal Reserve could raise key interest rates and sparked concerns about the inevitable impact on Vietnam’s stock market.

H.C. Starck Tungsten Powders (“HCS”), a wholly owned subsidiary of Masan High-Tech Materials (“MHT”), today announced the signing of definitive agreements to invest £45m (approx. €52m) into Nyobolt Limited (“Nyobolt”), a fast-charging Li-ion battery solutions company that leverages HCS’s advanced tungsten materials in its anode, for a 15% equity interest on a fully diluted basis.

Shares ended Thursday on a positive note thanks to the prosperity of financial-securities stocks.

Shinhan Securities Vietnam Co., Ltd (SSV) announced the launch of its new branch in Hanoi City.

In June, both Ho Chi Minh Stock Exchange (HoSE) and the Ha Noi Stock Exchange (HNX) did not have newly listed stocks.