Vietnam is Asia’s best stock market performer in May

HANOI: Vietnam has managed to repeat its success of containing a virus outbreak again, and that’s helped drive the nation’s stock market to become Asia’s top performer this month.

The benchmark stock index has rallied 13% in May, driven mainly by local investors as foreign funds pull money out from risk assets. The local currency has rebounded more than 1% after sliding to a record low in March during the global selloff.