Shares fell on Wednesday as strong selling pressure hampered the growth of banking stocks.
Shares rebounded on Tuesday as a surge from large-cap stocks boosted indices but the market was still impacted by strong selling pressure.
Vietnamese shares plunged on Monday as panic selling flooded the market, following surging COVID-19 cases, reinforcing fears of further economic pain from restrictions induced by the virus.
The market rose strongly on Monday with the VN-Index reaching 1,400 points as investors poured money into blue-chip stocks.
Shares ended lower on Monday as profit-taking activities weighed on the stock market, while foreign investors net sold more than a trillion VND on two main exchanges.
Vietnamese shares rebounded on Thursday, bolstered by the growth of blue-chip stocks as investors sought stocks that had been hit hard in the previous session.
Vietnamese shares ended Wednesday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment.