Abstract
Personal Financial Planning for Vietnamese Investors.
By
Anh Van Tran

In recent years, the Vietnamese stock market has become increasingly popular among individual investors, especially after the Covid-19 pandemic in 2020. However, given the nascent history of Vietnam's securities environment and the inherent disadvantage of individual securities investors, in terms of capital and financial knowledge, constantly beating the market and getting rich in the securities remains a significant challenge. This research aims to provide readers, particularly individual investors with comprehensive insights into the investment landscape in Vietnam. Besides, by highlighting the relationship between Risk and Returns, the study sheds light on the importance of portfolio diversification, offering Vietnamese investors a strategy to diversify their portfolios more effectively.

Anh Tho. (2022, October 8). Bao Chinh Phu. From baochinhphu.vn: https://baochinhphu.vn/dai-dien-ngan-hang-nha-nuoc-chi-nhanh-tphcm-scb-dang-hoat-dong-binh-thuong-on-dinh-102221008163018383.htm
Bao An. (2022, August 25). Cong An. Retrieved from congan.com: https://congan.com.vn/an-ninh-kinh-te/cuu-chu-tich-flc-trinh-van-quyet-va-2-em-gai-bi-khoi-to-them-toi-lua-dao_136045.html
Berk, J., & DeMarzo, P. (2020). Corporate Finance. London: Pearson Education.
Bodie, Kane, & Marcus. (2019). Investment and Portfolio Management. McGraw-Hill Europe.
Dao Vu. (2022, June 1). Vietnam's financial market 2022: Opportunities and challenges. From VnEconomy: https://vneconomy.vn/thi-truong-tai-chinh-viet-nam-2022-co-hoi-dan-xen-thach-thuc.htm
Department of Financial Informatics and Statics. (2021, December 10). Statistical Yearbook 2020. From Ministry of Finance: https://mof.gov.vn/webcenter/portal/btcvn/pages_r/l/tin-bo-tai-chinh?dDocName=MOFUCM217262
Dezan Shira & Associates. (n.d.). Vietnam’s International Free Trade Agreements. From Vietnam Briefing: Vietnam’s International Free Trade Agreements
Do, K. T., & Nguyen, N. (2021). Vietnam Real Estate Market 2021 amid Covid-19 Pandamic. From Bat Dong San: https://batdongsan.com.vn/interaktivestory/thi-truong-bat-dong-san-viet-nam-2021-qua-cac-lan-song-covid-19/
Dragon Capital Vietnam Fund Management Joint Stock Company (DCVFM). (2023, December). Update Fund Activities VFMVN DIAMOND. From Dragon Capital: https://dragoncapital.com.vn/cap-nhat-hoat-dong-quy-vfmvn-diamond/?report_type=cap-nhat-hoat-dong-quy&fund_code=FUEVFVND
Dragon Capital Vietnam Fund Management Joint Stock Company. (2022, December). VFMVN30 ETF - Fund Information. From Dragon Capital: https://dragoncapital.com.vn/quy-hoan-doi-danh-muc-etf-vfmvn30/etf-thong-tin-ve-quy/
Dragon Capital Vietnam Fund Management Joint Stock Company. (2022, December). VFMVN DIAMOND ETF - Fund Information. From Dragon Capital: https://dragoncapital.com.vn/quy-ETFs-vfmvn-diamond/thong-tin-ve-quy/
Forbes Media LLC. (2023). Profile Tran Dinh Long. From Forbes: https://www.forbes.com/profile/tran-dinh-long/?sh=77ee4761608d
Fusion Media Co., L. (2023, February). Vietnam Dairy Products Joint Stock Company (VNM). From Investing.com: https://vn.investing.com/equities/vietnam-dairy-products-jsc
Fusion Media Co., Ltd. (2023, February). HNX (HNXI). From Investing.com: https://vn.investing.com/indices/hnx
Fusion Media Co., Ltd. (2023, February). Hoa Phat Group Joint Stock Company (HPG). From Investing.com: https://vn.investing.com/equities/hoa-phat-group-jsc
Fusion Media Co., Ltd. (2023, February). VN Index (VNI). From Investing.com: https://vn.investing.com/indices/vn
Fusion Media Limited. (2023, February). Joint Stock Commercial Bank for Investment and Development of Vietnam (BID). From Investing.com: https://www.investing.com/equities/commercial-bank-investment-develop
Fusion Media Limited. (2023, February). USD/VND - US Dollar Vietnamese Dong. From Investing.com: https://www.investing.com/currencies/usd-vnd-historical-data
Fusion Media Limited. (2023, February). Vingroup JSC (VIC). From Investing.com: https://www.investing.com/equities/vingroup-jsc
G.Malkiel, B. (2019). A Random Walk Down Wall. New York: W.W. Norton &Company.
General Statistics Office. (2022, December 29). Infographic of socio-economic situation in the fourth quarter and 2022. From General Statistics: https://www.gso.gov.vn/tin-tuc-thong-ke/2022/12/infographic-tinh-hinh-kinh-te-xa-hoi-quy-iv-va-nam-2022/
General Statistics Office. (2022, January 13). Infographic Population, labor and employment in 2021. From General Statistics: https://www.gso.gov.vn/du-lieu-va-so-lieu-thong-ke/2022/01/infographic-dan-so-lao-dong-va-viec-lam-nam-2021/
Hanoi Stock Exchange. (2023, February). Stock List. From Hanoi Stock Exchange: https://hnx.vn/vi-vn/cophieu-ETFs/chung-khoan-ny.html
Ho Chi Minh Stock Exchange. (2022, December). Basket of shares VNDIAMOND. From Ho Chi Minh Stock Exchange: https://www.hsx.vn/Modules/Listed/Web/StockIndexView/188802591
Ho Chi Minh Stock Exchange. (2023, February). Listing Size. From Ho Chi Minh Stock Exchange: https://www.hsx.vn/Modules/Listed/Web/ListingSummary/153?fid=a1b28509a59441f28d508074c0a72aad
Hong Thuy. (2022, December 19). Comprehensive finance to underpin Vietnam’s sustainabble growth. From Vietnam Investment Review: https://vir.com.vn/comprehensive-finance-to-underpin-vietnams-sustainabble-growth-98622.html
Information Center – Ministry of Construction. (2022, January 28). Disclosure of Information on Housing and Real Estate Market in the fourth quarter of 2021 and the whole year of 2021. From Information system on Housing and Reak Estate Market: https://bds.xaydung.gov.vn/FileUpload/d5ebbd26-a4dd-47c2-a4c5-3701effa3b59_06tb_0001_20220128030337270270_signed20220128030347.pdf
Khang, D., & Chung, T. (2022, March 25). Vietnamese lawmakers agree to cut environment tax on fuel by half. From Tuoi Tre News: https://tuoitrenews.vn/news/business/20220325/vietnamese-lawmakers-agree-to-cut-environment-tax-on-fuel-by-half/66329.html
Phan, L. T., & Trinh, H. (2023, January 16). SJC gold price chart over the years. From The Bank: https://theBank.vn/blog/21950-bieu-do-gia-vang-sjc.html
Sai Gon Joint Stock Commercial Bank. (n.d.). About SCB. From SCB: https://www.scb.com.vn/vie/gioi-thieu
Sai Gon Times Group. (2022, June 18). Finance Ministry proposes further lowering environment tax on fuels. From The Sai Gon Times: https://english.thesaigontimes.vn/finance-ministry-proposes-further-lowering-environment-tax-on-fuels-2/
Saigon Jewelry Company Limited. (n.d.). General Introduction. From SJC: https://sjc.com.vn/gioi-thieu.html
Savills company. (2019, April 3). Vietnam Real Estate Price Index Quarterly (2019Q1VN). From Savills Vietnam: https://pdf.savills.asia/asia-pacific-research/vietnam-research/savills-property-price-index/sppi-vn-q1-2019-vn.pdf
So Lieu Kinh Te. (n.d.). GDP of Vietnam. From So Lieu Kinh Te: https://solieukinhte.com/gdp-cua-viet-nam
SSI Securities Joint Stock Company. (2022, December). SSIAM VNFIN LEAD ETF FUND. From SSI Asset Management: https://ssiam.com.vn/thong-tin-chung-ssiam-vnfin-lead
SSI Securities Joint Stock Company. (2023, December). SSIAM VNX50 ETF FUND. From SSI Asset Management: https://ssiam.com.vn/thong-tin-chung-ssiam-vnx50
State Securities Committee. (2022, October 12). Market Cap September 2022. From State Securities Committee: https://www.ssc.gov.vn/webcenter/portal/ubck/pages_r/m/thngtinthtrng/thngkthtrng/quymthtrng?selectedPage=3&docType=TepTaiLieu&mucHienThi=184
Sustainable Stock Exchanges initiative. (n.d.). Hanoi Stock Exchange. From Sustainable Stock Exchanges initiative: https://sseinitiative.org/Stock-Exchange/hnx/
The World Bank Group. (2021). Deposit interest rate (%) - Vietnam. From The World Bank: https://data.worldBank.org/indicator/FR.INR.DPST?locations=VN
The World Bank Group. (2021). Foreign direct investment, net inflows (BoP, current US$) - Vietnam. From The World Bank: https://data.worldBank.org/indicator/BX.KLT.DINV.CD.WD?locations=VN
VCCorp Joint Stock Company. (2022, February 11). ROS. From Cafef.com: https://s.cafef.vn/hose/ROS-cong-ty-co-phan-xay-dung-flc-faros.chn
VCCorp Joint Stock Company. (2023, February 11). HPG. From Cafef.com: https://s.cafef.vn/hose/HPG-cong-ty-co-phan-tap-doan-hoa-phat.chn
Vietcombank. (2022, December 3). Lãi Suất Dành Cho Khách Hàng Cá Nhân. From Vietcombank: https://portal.vietcombank.com.vn/Personal/lai-suat/Pages/lai-suat.aspx?devicechannel=default
Vietnam Bonds Market Association. (2022, 1). Tóm tắt thị trường trái phiếu Việt Nam 2021. From VBMA: https://vbma.org.vn/storage/reports/March2022/VIE_VBMA_TOM%20TAT%20TTTP%202021.pdf
VinaCapital. (2022, December). ETF VinaCapital VN100 (FUEVN100). From Vina Capital: https://wm.vinacapital.com/investment-solutions/onshore-funds/vinacapital-vn100-etf/
World Data. (2021). Inflation rates in Vietnam. From Worlddata.info: https://www.worlddata.info/asia/vietnam/inflationrates.php#:~:text=For%202021%2C%20an%20inflation%20rate,at%20the%20beginning%20of%202022.