What is the CBV index?
The CBV Index, also known as the Corporates and Businesses of Vietnam Index or as the CBV LargeCap, tracks the stocks of the 50 leading companies in Vietnam. It is a subset of the CBV Total Index.
Where have you heard about the CBV Index?
You may have come across the CBV Index having been inspired to take an interest in Vietnamese investment by the glowing report of the International Monetary Fund (IMF) in July 2017. It said: "Vietnam’s dynamic economy continues to perform well, aided by sound economic fundamentals."
What you need to know about the CBV Index.
The CBV Index and its fellow indices - the CBV Midcap and CBV Smallcap - are visible proof of the transformation of Vietnamese business, economy and society since the fall of American-backed South Vietnam in 1975 ushered in decades of isolation under Communist rule. Created in 2007, the CBV Index tracks stocks traded on the two Vietnamese exchanges, in Hanoi and Ho Chi Minh City. There is a minimum capitalisation for companies on the index of about $23 million at mid-2017 exchange rates, and member companies must be engaged in active business - holding companies cannot be listed.