Vietnamese shares ended Monday on a negative note as investor confidence remained weak on global geo-political risks and incoming new regulations on margin lending rate.
The VN Index on the HCM Stock Exchange rose slightly yesterday as investor confidence remained low on a lack of business news.
Vietnamese shares are expected to increase on both local exchanges in the first trading session of the new lunar year on February 2, approaching a fresh nine-year high, according to securities firms.
Vietnamese shares extended gains for a third day on the two local exchanges, driven by large-cap stocks, while market trading liquidity improved on higher investor confidence.
The tourism property market has been hot this year with many new projects and increasing transaction volumes, insiders said.
Vũ Như Thăng, head of the Ministry of Finance’s External Relations Department spoke to Bnews, an economic news website of the Vietnam News Agency, about other issues.