Investors overreage in the stock market

PHẠM ĐÔNG |

The Deputy Minister of Finance said that the Government has quickly taken action against the US counterpart tax but investors have reacted "excessively" in the stock market.

At the regular Government press conference on the afternoon of April 6, Deputy Minister of Finance Do Thanh Trung said that our country's attraction of foreign investment in the first quarter of 2025 is very good.

New investment capital and capital adjustment, capital contribution, and share purchase of foreign investors in the first quarter of 2025 reached nearly 11 billion USD, an increase of approximately 35% over the same period in 2024.

In particular, realized capital has reached 5.16 billion USD, 5.1 times higher than the same period, FDI capital alone for investment is about 4.96 billion USD; increased by 72% over the same period, mainly concentrated in the manufacturing and processing industry (accounting for nearly 62% of total registered capital and increased by 26% over the same period).

"This is the result of the first quarter, how is the rest of the year? We highly appreciate the factors," said Deputy Minister Do Thanh Trung.

According to Mr. Trung, firstly, international organizations and banking and financial institutions all assess the possibility of increasing the probability of a global economic downturn and possibly leading to an economic downturn. Accordingly, many organizations have lowered the global economic growth rate, which will certainly affect Vietnam.

Second, the US tax policy applies not only to Vietnam but to all countries. This is also the biggest factor affecting psychology, business environment as well as business investment prospects.

However, in that context, the Government took action very quickly. However, according to Deputy Minister Do Thanh Trung, the investor's reaction is "excessive", especially in the stock market in the past few days. After only two days, HoSE lost more than 100 points.

"Coming here with the efforts of the Government, it will certainly regain the confidence of investors and businesses," the leader of the Ministry of Finance emphasized.

Third, Vietnam's investment and business environment will also be affected. But I believe that with the efforts of the Government, we will certainly gain the trust of investors and businesses.

Despite the difficulties, the Ministry of Finance is implementing many solutions, including working directly with large investors to promote the implementation and concretize large foreign-invested projects. The 2025 target is still an increase of 38-40 billion USD.

PHẠM ĐÔNG
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