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Home / Economy / Banking & Finance
Vietnam stock market records highest growth
By Tuan Minh 14:18, 2014/01/02
The Vietnam stock market skyrocketed in 2013 with a growth rate of over 20%, while other countries in Southeast Asia chiefly saw a decrease or modest rise of 3-10%.

Vn-Index secured the top place in Southeast Asia Stock Index Ratings, followed by EMAS-Index of Malaysia (up 11.44%). Some regional countries that saw a fall in stock indexes included Thailand, the Philippines, Indonesia and Cambodia.

Southeast Asia Stock Indexes (%):

Country

Stock index

Growth

Vietnam

Vn-Index

20,62

Thailand

SET-Index

-7,73

The Philippines

PSEi-Index

0,49

Indonesia

Jakarta-Composite-Index

-1,74

Malaysia

EMAS-Index

13,15

Singapore

Strait-Times-Index

-1,07

Laos

LSX-Composite-Index

2,49

Cambodia

CSX-Index

-14,92

Most Southeast Asian stock markets are emerging on the global financial map and foreign investment flow into these markets was unstable during the past year.

According to Bloomberg’s statistics, in December 2013 the Vietnam stock market took the lead in net foreign exchange purchases (worth US$50 million), which increased its yearly net value to US$250 million in total, ranking it second in the region.

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