Foreign investors have net sold Vietnamese stocks on HoSE with a value of VNĐ58 trillion (over US$2.3 billion) since the beginning of 2023, indicating a prevailing trend of net selling in the Vietnamese stock market.
The scenario in which the US Federal Reserve lowers interest rates will also stimulate cash flow from the currency market back into international capital markets.
By the end of September 2023, the Vietnamese stock market had 2,237 products of stocks, bonds, ETFs, fund certificates and CW, down 0.89 per cent compared to August but up 3.47 per cent compared to the same period last year.
The Vietnamese market will face unexpected movements due to the COVID-19 pandemic and the net selling pressure from foreign investors, market analysts said.
