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VCSC Daily - Stocks jump led by large caps, banks - HPG, HSG, REE, VJC, VRE, CTD, STB, DQC, MWG

Market Commentary

27 Oct 2017

FY2018 fiscal deficit projected at 3.7% of GDP. The Ministry of Finance (MoF) submitted its FY2018 State budget projection to the National Assembly with a target fiscal deficit of 3.7% of GDP. Specifically, total projected State revenue for FY2018 reaches VND1,319 trillion (USD58.4 billion), up 6.4% compared to FY2017 estimate.

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