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Foreign investors have been net sellers to the tune of over VND7.2 trillion ($312 million) on Vietnam’s bourses for 24 consecutive sessions as of Tuesday.
The VN-Index edged up 0.11 percent to 1,187.40 points Thursday in a session where foreign investors poured money into VIC of Vingroup.
The VN-Index rallied 0.57 percent to 1,194.2 points Friday, but saw the biggest single-session net sell by foreign investors since last May.
With the stock market booming after a brief fall in March, the number of Vietnamese billionaires rose to six by year-end, and their combined net worth was $16.2 billion.
Central Group, which owns retailer Big C Vietnam, has temporarily stopped sourcing garments from local suppliers to facilitate restructuring.
Retail chain Big C plans to rebrand all its outlets as Tops Market or GO! this year, laying the Big C name to rest after 22 years in Vietnam.
Vietnam’s benchmark VN-Index surged 1 percent to 1,181.73 points Thursday as foreign investors’ net selling value narrowed.
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