Local shares rose for a second day, buoyed by foreign trading and positive performance of oil and gas stocks.
The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors.
Shares moved little on Friday despite it being the last trading day for exchange-traded funds (ETFs) to restructure their second-quarter portfolios.
Vietnamese shares had little movement on Monday foreign exchange-traded funds (ETFs) began shaking up their investment portfolios.
Third-quarter earnings reports from large-cap companies have signalled the earnings season is near its end, pushing investors back to a defensive zone and again putting pressure on the stock market with low confidence.
Việt Nam’s securities watchdog, which disallowed companies from issuing non-voting depository receipts (NVDR) in 2015, is reconsidering the move.
Though Vietnamese shares bounced back strongly in the last two sessions of last week, analysts and brokerage firms remained skeptical that the stock market had actually overcome a difficult period and begun its consolidation.