Foreign capital inflows remain strong in shares

Foreign investment in the Vietnamese stock market remains robust despite the ongoing flow of money being withdrawn from emerging markets due to concerns about an unstable macro-economy.

Since the beginning of this year, around US$7 billion has been withdrawn from India, Thailand and Indonesia, the largest amount taken out in the last three years.

Inflation is the most serious threat in many emerging markets. China, for example, has had to increase interest rates three times within four months.

Last year, the stock market in Viet Nam received $750 million in foreign investment, nearly five times higher compared to 2009.

Although the Vietnamese stock market is much smaller than other countries, investors have not withdrawn their funds.

Along with an unstable macroeconomy and rising inflation, Viet Nam is facing fluctuating currency rates, which has also restricted funds from flowing into the country. — VNS

Tags: vietnam stock, Vietnam stock market, Vietnam stock news