Potential technology stocks on Vietnam stock exchange

Posted date: 11/06/2024 Updated date: 03/12/2024

Index

With the support of state policies, the codes technology stocks potential Vietnam is currently becoming the center of the stock market. 

Vietnam technology stocks group

Tech stocks on the stock market Vietnam can be classified according to many different criteria, helping investors easily visualize and choose the type of stock that suits their investment goals.

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By field of activity

  • Software: Companies that develop software, applications, software solutions for businesses and consumers. Examples: FPT, CMC, VCCorp.
  • Network and telecommunications: Companies providing telecommunications, internet, and network infrastructure services. Examples: VNPT, Viettel, Mobifone.
  • Technology equipment: Companies that manufacture electronic equipment, computers, and electronic components. For example: CMC Telecom, VNPT Technology.
  • Technology services: Companies that provide consulting, maintenance, and technical support services. For example: FPT Software, CMC Global.

By size

  • Large enterprises: Companies with large capitalization, operating in many industries, often have a dominant market position.
  • Small and Medium Enterprises: Companies that focus on a specific sector or industries, have high growth potential but also come with greater risk.

By stage of development

  • Startups: Newly established companies with innovative products or services that have high growth potential but also face many risks.
  • Listed companies: Companies that have shares listed on the stock exchange, have transparent information, and are of interest to many investors.
Classification of technology stocks on Vietnam stock exchange

Factors affecting technology stock prices in Vietnam

Price Potential tech stocks above Vietnam stock exchange can be influenced by many different factors including: 

  • Business Performance: A technology company's sales growth, profits, and cash flow from operations can influence its stock price.
  • New technology: The emergence of new technologies such as artificial intelligence, blockchain, Internet of Things… can create huge growth opportunities for technology companies.
  • Competition: Competition in the technology industry can affect the market and therefore affect stock prices.
  • Product research and development: Investment in research and development to create new products and services can create value for a company and influence its stock price.
  • Market News and Events: News, market events, and information related to a company or technology industry can affect investor sentiment and stock prices.
  • General market volatility: Economic, political and social factors can also affect tech stock prices.
  • Financial Ratios: Financial ratios such as profits, profitability, and the overall financial health of a company can also affect stock prices.
  • Global Financial Markets: Movements in global financial markets, as well as stock and cryptocurrency markets, can also affect tech stock prices.

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Potential technology stocks in Vietnam

The choice technology stocks potential requires investors to carefully research each business. Among them, some technology stock codes In Vietnam, it is often referred to as:

  • FPT: As one of the leading technology corporations in Vietnam, FPT operates in many fields, from software to telecommunications. As a multi-industry company, it has many business segments, a high-quality staff, and fierce competition in many fields.
  • VNPT: The largest telecommunications company in Vietnam, owns a widespread network infrastructure. Has a monopoly position in some fields. However, corporate reform is slow and operational efficiency is not high.
  • CMC: A technology corporation that focuses on software solutions and information technology services, with many large customers. However, its scale is still small compared to its competitors.
  • VNG: Vietnam's leading game development and internet services company, with a young and dynamic development team. However, it also depends heavily on the game market. 
  • MobiFone: The second largest mobile telecommunications company in Vietnam has a large market share, good network infrastructure and fierce competition in the telecommunications industry. 

There are also some other stock codes worth paying attention to such as:

  • Viettel Post: Take advantage of Viettel's extensive post office system.
  • Bkav: Cyber security company with many products favored by domestic users.
  • Startups: These companies often have huge growth potential but also come with high risk.

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Some potential technology stocks in Vietnam

Notes when investing in technology stocks

Invest in technology stocks is an attractive opportunity but also comes with many risks. To make a wise investment decision, you need to note the following points:

High volatility

  • Technology changes rapidly: The technology industry is constantly changing, a new technology can completely change the market and make old companies obsolete.
  • Market Influence: Technology stocks are often strongly influenced by investor sentiment and macro factors such as interest rates and exchange rates.

Fierce competition

  • Many competitors: The technology industry has many competitors, both domestic and international. This requires businesses to constantly innovate and improve their competitiveness.
  • Price wars: Intense price competition can reduce business profits.

Technology risks

  • Threat from new technology: The advent of new technologies can reduce the value of current products and services.
  • Security issues: Cyber security risks can have a major impact on a company's reputation and business operations.

Requires specialized knowledge

  • Technology Understanding: To evaluate the potential of a technology company, you need to understand the technologies that the company is working on.
  • Financial analysis: The ability to analyze financial statements and evaluate financial indicators is very important.

To minimize risk and increase the chances of success, investors should:

  • Choose companies with solid financial foundations: Companies with stable cash flows and little debt will be better able to weather the storm.
  • Choose companies with competitive advantages: Companies with proprietary technology, strong brands, or good customer relationships will have a better competitive position.
  • Invest in companies with high growth potential: Companies operating in high growth potential areas such as artificial intelligence, big data, will have a strong opportunity to grow.
  • Keep a close eye on government policies: Policies that support technology development will create great opportunities for businesses.
Notes when investing in technology stocks

The technology stock market in Vietnam is increasingly vibrant with the emergence of the Potential technology stocksHowever, to be successful, investors need to equip themselves with the necessary knowledge, analyze carefully and make wise investment decisions.

Investment platform HVA not only a trading tool, but also a comprehensive financial ecosystem, facilitating the development of the Vietnamese stock market, especially for small and medium enterprises. technology stocks. With superior features such as fast transactions, effective portfolio management, along with the solution of "Issue Management" & "Shareholder Management", HVA has been contributing to creating an attractive investment environment, attracting the attention of both domestic and international investors. In the future, along with the strong development of tech stocks on the stock exchange, HVA promises to become an indispensable platform for Vietnamese investors.

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Doan Nguyen Duy Hau

HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.
HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

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