Vietnam: VNI: Short-Term Downsides

September 2006
Asia Monitor: South East Asia Monitor Volume 1;Sep2006, Vol. 17 Issue 9, p4
Country Report
Country Report
The article reports on the decrease in the Viet Nam Index (VNI), which closed in August 7, 2006 at a five-month low of 399.80. The two main reasons for this decrease are the unsustainable pace of gains seen between January and April and the heavy supplies of new shares seen in July. Ho Chi Minh City Securities Trading Centre director Tran Dac Sinh's positive outlook on VNI's recovery due to the establishment of new investment funds is discussed.


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