[Press Release] – VIETNAM FORECAST DINNER 2020 – Macro-economy and Capital market outlook

The first CFA Forecast Dinner by Vietnam Community of Investment Professional (A CFA Society in formation) in Hanoi, which offers first-hand insight from experts and veterans in the investment industry.

Hanoi, 6th Feb 2020,  following the success of previous event in Ho Chi Minh City,  Vietnam Community of Investment Professional (A CFA Society in formation) is proud to host CFA Forecast Dinner 2020 and bring leading experts to give Macro-economy and Capital market outlook in the short- and medium-term.

In 2019, the economy achieved the GDP growth rate of 7.02%, which beyond expectations from WB, ADB or IMF, due to the growth of manufacturing and service sector and tremendous efforts of stabilizing the economy from the government. Additionally, Vietnam emerges as key winner from US-China trade war and the record high FDI disbursement amount. But, starting the year of the rat with the global pandemic (nCoV virus), climate changes and slowing down of manufacturing sector, what are the outlook in 2020 and 5-year forecast for Vietnam economy and capital market?

At the Forecast Dinner, the speakers, Dr. Can van Luc, Chief economist, Bank for Investment and Development of Vietnam JSC (BIDV), Dr. Nguyen Tu Anh – Deputy Director, Department of General Economic Issues, Party Central Committee’s Economic Commission, Mr. Dao Phuc Tuong, CFA – Investment Manager, APS Asset Management (Singapore), and Mr. Nguyen Duc Hung Linh, Director of Retail Research and Investment Advisory, SSI Securities Inc also gave their views and valuable and in-depth analysis over the Vietnam’s economy and stock market in 2019.

The 2020 Forecast Dinner attracted approximately 100 investment professionals, of which about 50 are CFA members. Delegates had the opportunity to submit their own 2020 forecast via CFA Institute’s forecast contest.

On the behalf of  the organizer team, Mrs. Nguyen Thi Hang Nga, said that “This Forecast Dinned is a valuable event to professionals in the finance, investment industry, and the members and candidates of Chartered Financial Analyst Institute – CFAI in Vietnam, which help connect people in finance and investment community and provide additional information and view about Vietnam’s macro-economy and capital market outlook in 2020 and for the medium term. The success of event also opens an opportunity to continue to host big events which creates values to community, Vietnam’s finance and investment sectors”.

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 138,000 members in 151 countries and territories, including 132,000 charterholders, and 147 member societies. For more information, visit www.cfainstitute.org.