Foreign investors’ net selling exceeds US$2.3bil


Developing market: The National Assembly Building in Hanoi, Vietnam. The government’s efforts to improve the economy are creating a new class of domestic investors. — Bloomberg

HANOI: Foreign investors have net sold Vietnamese stocks on the Ho Chi Minh Stock Exchange with a value of 58 trillion dong since the beginning of 2023, indicating a prevailing trend of net selling in the Vietnamese stock market.

Over the past two years, apart from a brief period at the end of 2022 when the market experienced a decline and foreign investors seized the opportunity to buy at low prices, the trend of net selling has remained dominant in the Vietnamese stock market.

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