From Extreme Turmoil to Calm, Vietnam Stocks Attempt a Comeback
- Volatility in Vietnamese shares falls to lowest since November
- Ho Chi Minh Stock Index has risen 10 percent from its July low
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Vietnam’s volatile stock market, which has gone from being the best performer in Asia Pacific this year to barely breaking even, seems to be entering a calmer period.
After surging to a near seven-year high in June on a combination of trade war contagion fears and a higher U.S. dollar, 30-day volatility on the benchmark VN Index has fallen to the lowest level since November.