Experts have highlighted a promising recovery in Vietnam’s stock market and general economy, despite ongoing geopolitical and inflationary risks.

In the first five months of the year, one third of the 30 largest securities companies in the domestic market have announced plans to increase their capital by a total value of around VNĐ38 trillion (US$1.5 billion) over the next 12 months, a report from Vietnam Investment Credit Rating JSC (VIS Rating) showed.

The stock market experienced a notable rebound in the first week of June, though liquidity remained inadequate.

The market closed the Friday’s session on a positive note with many stocks witnessing big gains, while liquidity decreased significantly.

On average, about 4,265 new retail and institutional accounts were added to the market each day.

Shares were mixed on Thursday as a profit-taking came to the fore after recent rallies weighed on the market.

Many listed businesses in Việt Nam have have concluded their arrangements to distribute cash dividends to shareholders, with the highest dividend rate reaching 33.5 per cent.

Vietnamese markets extended gains and ended higher on Wednesday, thanks largely to rises in food and beverage shares.

After a period of stagnation, Ho Chi Minh City Stock Exchange (HSX) has recorded many businesses submitting applications and planning new listings.