Amid the COVID-19 pandemic, the economy of Vietnam experienced numerous difficulties and challenges during the first half of 2021, but the stock market still posted strong growth, at a pace that is the second fastest in the world.
Vietnamese shares underwent another strong decline on February 6 as investor sentiment remained negative following the selloff that had spread across global markets.
Vietnamese shares advanced for a second session on January 9 as investors remained upbeat over the firms that are expected to deliver good results in the earnings season.
Vincom Retail (VRE), the shopping mall operator of the real estate giant VinGroup, started trading 1.9 million shares on the HCM Stock Exchange on November 6.
Shares declined on the HCM Stock Exchange on November 2 as the market was hit by poor investor confidence due to a lack of supportive information and by intraday profit-taking.
Vietnamese shares bounced back from a three-day losing streak on July 25 as investor confidence rebounded on banks’ six-month results and a lower chance of margin-call risk.
Shares slowed their decline on July 18 as banks recovered, but the market is still exposed to short-term downward corrections on rising investor caution.
Shares fell on both local markets on July 14, ending a three-day rise as investors increased selling to lock in short-term profits for their portfolios.
The benchmark VN-Index ticked down 0.88 percent to close at 775.73 points on July 7, stepping down from the 2008 peak recorded in the last trade session due to heavy profit-taking pressure.
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