Vietnam Stocks Bounce Back After Being World’s Worst Last Year
- Benchmark gauge has risen 9.8% this year as foreigners return
- Central bank has announced four rounds of easing measures
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Vietnam stocks are outshining their regional peers due to interest-rate cuts and government aid, a stark turnaround after being the world’s worst-performing share market last year.
The benchmark VN Index has rallied 9.8% in 2023, while equities have struggled across the rest of Southeast Asia. Last year’s star performer, the Jakarta Composite Index, has dropped 2.4%.