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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.
The Promotion Fund of Vietnamese Football Talents (PVF) has confirmed Belgian coach Eric Abrams as its new technical director.
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