TY - BOOK AU - Trần,Thị Minh Quyên AU - Le,Van Lien TI - Financial statements analysis and firms’ valuation in Vietnam: Khóa luận tốt nghiệp cử nhân Kinh doanh ngành Kế toán U1 - 657 14 PY - 2012/// CY - Hà Nội PB - KQT KW - K6AH1 KW - Kế toán KW - Khóa luận chương trình HELP KW - Quản trị kinh doanh N1 - Khóa luận tốt nghiệp cử nhân Kinh doanh ngành Kế toán - Khoa Quốc tế . Đại học Quốc gia Hà Nội, 2012 N2 - Valuation is the central focus in fundamental analysis . This dissertation considers the usefulness of firm valuation models and Vietnam stock market by adopting the valuation model constructed by case Chung et al., (2001). The overview of Vietnamstock market; some definition about valuation ; desciption of several basis valuationmodels and empirical evidence including the description of valuation modeldeveloped by Chung et al., (2001) are examined . Vietnamese companies’ intrinsicvalues are discussed by dividing the sample into 3 periods of time : estimation period,prediction period and holding period . After estimaing the empirical regression model to determine whether the stocks are overvalued or undervalued , a series of trading strategies with zero net investment (D-portfolion ) is built up . The results ofthe stydy show that the business valuation model built up by Chung et al., (2001) can be effectively applied to the Vietnam stock market and the firm valuation are useful in predicting the market prices of stocks to some extent and the D-strtegy can be created in order to support investors in their investment decision making in Vietnam.This may be interest to not only analysts but also investors in other emerging marketsWhere the stock markets have similar characteristics as Vietnam does. ER -