Vietnam stock market best performer in Asia
By Dat Nguyen June 2, 2021 | 08:40 am GMT+7
An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran.
Vietnam’s benchmark VN-Index has surged over 20 percent in the first five months, highest among major benchmark indexes in Asia.
The growth, driven by an influx of new investors, exceeded those of South Korea and Taiwan that grew at more than 10 percent in the first five months.
One of the reasons why Vietnam’s stock market has surged in the past five months is that the government has continued to maintain a monetary easing policy, which means banks have kept their deposit rates low, Nguyen The Minh, director of analysis at brokerage Yuanta Vietnam, told
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