Rising economic and trade tension between China and the US and a faster-than-expected US rate hike have dampened investors’ confidence in Vietnamese stocks.– Photo vietnamfinance.vn

Trade news dampens local stocks

Rising economic and trade tension between China and the US and a faster-than-expected US rate hike have dampened investors’ confidence in Vietnamese stocks.

An investor passes by trading screens at Tan Viet Securities Company in Hanoi. (Photo: VNA)

Little movement forecast for Vietnamese stocks

Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks.