The benchmark VN-Index rose marginally on Thursday along with continued declining liquidity as investors withdrew money from the market ahead of the New Year holiday.
Shares tumbled on Wednesday following a three-day rising streak as investors reacted to the economic data released by the General Statistic Office.
The market retreated on Wednesday but money was still poured into speculative stocks which pushed the liquidity to a very high level.
Viet Capital Securities Joint Stock Company said it has successfully signed a deal for a syndicated loan worth US$100 million with a greenshoe option to extend it to $150 million.
The VN-Index escaped from a fall after investors poured money into some heavyweight stocks, lifting the market.
Although global oil prices continuously hit new peaks, not all Vietnamese oil and gas companies benefit from the higher prices.