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.
Due to the impact of COVID-19, Việt Nam''s GDP growth rate reached a low point in the first quarter of 2023 at 3.4 per cent but has shown robust growth in recent quarters.
Vietnamese stocks witnessed a decline on Wednesday as banking shares extended their downward trend and securities stocks experienced a sharp tumble. This resulted in increased pressure on the indices, driven by a strong selling force prevailing in the market.
Vietnamese stocks slipped on Tuesday, with banking shares extending falls and securities stocks tumbling, pressuring the indices amid a strong selling force.
Vietnamese stocks snapped a four-day winning streak on Friday, facing strong selling from investors, as they seek profits from those firms that made significant gains during the last sessions.
The rally in Vietnamese stocks still has a long way to go, with the consensus expecting the VN-Index to increase by over 20 per cent this year, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a recent...
Concerns about the ability of Vietnamese companies to access credit have been severely weighing on the VN-Index, but the issue is mostly restricted to the property sector, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a note.
Vietnamese stocks snapped a three-day winning streak on Friday, facing strong selling from investors, as they seek profits from those firms that made significant gains during the last sessions.
Vietnamese stocks slipped on Monday, with banking shares extending falls and steel stocks tumbling, pressuring the indices amid a strong selling force.
Vietnamese stocks logged their biggest daily since mid-January as losses in large-cap and financial securities stocks outweighed the boost from banking shares.