SSI Research sets a base-case target of 1,940 points for the VN-Index in its 2027 investment strategy outlook, 219 points (about 13%) above the 1,720-point close on Oct. 12, based on expected market-wide earnings growth of 10.1% in 2027. The first half of 2027 may remain choppy due to high interest rates, with a more sustainable recovery expected in the second half if rates ease and foreign capital returns; Vietnam's GDP is forecast to grow 9–9.5% in 2027. Earnings growth is set to slow from 30% in 2026, though SSI says this is partly priced in, as the VN-Index is down about 9% from its 2026 peak and the index excluding Vingroup-linked stocks has fallen about 16% since early September 2025. Vietnam meets 10 of 18 MSCI market-accessibility criteria, and flows from FTSE-tracking passive funds are seen as an important liquidity driver. Key risks include credit growing faster than borrowers' cash generation, high global bond yields, tariff uncertainty and geopolitical tensions.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Công ty chứng khoán "vẽ" đường đi của VN-Index năm 2027, mục tiêu cao hơn hiện tại 220 điểm
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