Wednesday, January 06, 2021, 12:11 GMT+7
A woman rides a bicycle past a Stock Exchange center in Hanoi, July 21, 2015. Photo: Reuters
HANOI -- Vietnam’s benchmark stock exchange is struggling to keep up with a large influx of local investors looking to move cash away from savings accounts which are offering declining interest rates, sources and stock market analysts said.
Vietnam, the region’s small frontier market, has seen a four-fold jump in share trading volumes in December as the benchmark VN-Index surpassed the 1,000-point mark, a threshold it struggled to cross over the last two years.
The index has jumped 23% since the start of November.