Shares continued to tumble again on August 27 on the nation's bourses.

On the HCM Stock Exchange, the VN-Index lost another 3.38 percent of its value to close at 386.19 points.

The value of trades fell to just 645.2 billion VND (30.7 million USD), about half of August 24's level, on a volume of 42.3 million shares.

Slumping blue chips led the market downturn. Twenty-eight of the 30 leading shares by market capitalisation and liquidity declined, most dropping to their floor prices. They included insurer Bao Viet Holdings (BVH), property developer Hoang Anh Gia Lai (HAG), steelmaker Hoa Phat Group (HPG), PetroVietnam Finance (PVF) and financial conglomerate Ocean Group. The VN30 Index therefore fell 3.48 percent to end the session at 456.32 points.

Military Bank (MBB) was the most-active share with nearly 3.3 million changing hands before it closed off by 3.6 percent to 13,400 VND per share.

On the Ha Noi Stock Exchange, the HNX-Index plummeted by another 4.44 percent to close at just 60.31.

The value of trades dropped 46 percent from August 24's level to 320.4 billion VND (15.3 million USD), while volume decreased 53 percent to only 35 million shares.

The HNX30 Index – tracking the exchange's 30 leading shares – gave up 5.4 percent to conclude the session at 111.93 points.

VNDirect Securities Co (VND) became the most-active share on total trades of 4.8 million shares but dropped to its floor price of 9,400 VND.

Foreign investors continued to look for bargains, becoming net buyers on both exchanges and picking up shares worth a combined net of 28.3 billion VND (1.3 million USD).-VNA