Overheated stock market poses risks for Vietnam long-term growth: Experts

22/07/2021 14:47 15

Overheated stock market poses risks for Vietnam long-term growth: Experts


It remains unclear whether the rise of the stock market benefits enterprises and supports growth.

At a time when the Covid-19 pandemic continues causing multiple setbacks in the economy, the rapid rise of the local stock market is raising questions over its sustainability and impacts on long-term economic growth.

“Price bubbles in markets such as gold, securities, and real estate would eventually burst when the demand side is unable to keep up with the supply,” he added.

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