Việt Nam’s stock market opened new week on a positive note as strong demands on some pillar stocks pushed sentiment.
Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders.
Vietnamese shares trimmed losses in late trade on Friday as strong buying force returned to market, helping revive investor appetite after a strain of sell-off earlier the day.
Vietnamese stocks struggled in volatile markets on Thursday with sentiment hit by increasing COVID-19 cases nationwide with VN-Index failing to maintain its uptrend.
Shares ended higher on Wednesday with the VN-Index extending its rally on banking stocks.
Strong increase in capital demand has been seen as production activities of enterprises gradually showed signs of recovery, forcing banks to reschedule their lending plans.