News

Vietnamese stocks continued to close down for a second day and liquidity fell sharply as investors stayed cautious eyeing economic conditions.

Foreigners continued their position of net buyers on both two bourses on Tuesday. Level of participation increased.

The UPCoM-Index, the measure of 131 unlisted public companies, closed down today following official bourses. Liquidity almost unchanged from yesterday trading.

Investors are warned to keep watched out.

The first thing we should do now is stabilise the economy as soon as possible. Then we need a strong commitment and real actions to improve infrastructure, workforce and legal frameworks.

Vietnam's stock market will continue to face a strong wave of capital divestments by foreign investment funds this year, an analyst predicted.

Vietnam is estimated to have disbursed a total of $4.51 billion foreign direct investment (FDI) capital in the Jan-May 20th, 2012, accounting for 84.77% of the country’s FDI attraction in the period ($5.32 billion), down 0.2% from a year earlier.

Foreigners were net buyers on both two bourses today level of participation fell.

The UPCoM-Index, the measure of 131 unlisted public companies, gave up all early gain to close unchanged today as major bourses failed to hold gains in a volatile trading session.