THE EFFECTIVENESS OF CAPITAL MOBILIZATION BY SECURITIES COMPANIES IN VIETNAM DURING THE STOCK MARKET BOOM PERIOD

Abstract

The Vietnamese stock market experiences significant growth in 2022,
with the VN-Index reaching a peak of 1,528.57 points and the market
capitalization of stocks on the Ho Chi Minh City Stock Exchange approaching
nearly 6 trillion VND. This study analyzes the capital mobilization effectiveness
of 69 Vietnamese securities companies during the years 2021 and 2022,
utilizing key financial indicators such as ROE, ROA, CR, ROS, D/E, and EBITDA.
The findings highlight significant changes in these indicators during the stock
market boom, reflecting both the challenges and opportunities faced by
securities companies due to the market's rapid expansion. The study
highlights the critical role of capital mobilization, not only for securities
companies but also for other enterprises and businesses operating in various
sectors.