Vietnam’s stock market in the trading session on March 3 continued to encounter network congestion on the Ho Chi Minh City Stock Exchange (HoSE), so the VN-Index was almost flat.
The recurrence of the Covid-19 pandemic in Vietnam, along with a deep decline in the previous two trading sessions, had impacted significantly the sentiment of domestic investors, causing the stock market to witness the steepest nosedive in history on January 28, with most stocks hitting the bottom without buyers.
Vietnam’s stock market extended its winning streak to seven trading sessions in a row on January 11 as several large-cap stocks, including VHM, HVN, and BCM, hit the ceiling.
After surpassing 1,130 points in the previous trading session, Vietnam's stock market sometimes jumped by nearly 20 points in the trading session on January 6.
With a sharp plunge in the US stock market along with the high increase in the previous trading session, investors on Vietnam’s stock market focused on taking profit right from the beginning of the trading session, causing the benchmark to drop by nearly 5 points. However, the bottom-catching cash flow massively poured into the market, causing the VN-Index to rebound vertically, surpassing 1,130 points.
Vietnam’s stock market increased by nearly 10 points in the trading session on December 9, thanks to the rally of banking and large-cap stocks, including VCB, BID, VIC, TCB, NVL, VCG, VCS, and TDH.
The Office of the Ministry of Agriculture and Rural Development on December 7 said that the export turnover of agricultural, forestry, and aquatic products in the first 11 months reached US$37.42 billion, up 2.4 percent over the same period last year, and the trade surplus hit nearly $9.36 billion, up 10.9 percent.
