Vietnam Stock Market: Foreign Investors Pull Out After Record Rally

Vietnam's stock market faces a foreign investor exodus after a record rally, with $1.5 billion pulled out in August alone. Profit-taking and currency devaluation fears drive the sell-off, despite the VN Index's impressive 33% gain this year. While the dong is predicted to weaken further, strong corporate earnings and local investor activity are currently buffering the market, though the impact of exchange rates and global sentiment remains a key concern. Hosted on Acast. See acast.com/privacy for more information.