Why the VN30 Index is Worth Watching
Over the past decade, the Vietnamese stock market has attracted the attention of global investors. Its economic growth rate is leading Southeast Asia, coupled with a series of favorable policies introduced by the government, making investing in Vietnam a new choice for many international funds. The VN30 Index, as the most representative index on the Ho Chi Minh Stock Exchange (HOSE), includes the 30 largest and most liquid companies, accounting for 70%-80% of HOSE's total market capitalization, making it a perfect reflection of Vietnam's economic vitality.
Why is this index so noteworthy? Because it not only covers core industries such as finance, real estate, consumer goods, and materials but also uses a free-float market capitalization weighting method to ensure that each company's weight reflects its true market position. For investors looking to grasp the pulse of Vietnam's economy, the VN30 Index is an unmissable choice.