– Vietnam’s stock market has been recovering since the end of last month as investors’ trust is gradually restored thanks to authorities’ efforts to tackle manipulation. 20 billion USD was evaporated as Vietnam’s benchmark Vn-Index lost 15% between April 4 and 14 but experts said the meltdown is temporary.

Economist Vu Dinh Anh said it’s crucial to punish manipulators to ensure sustainable development of the stock market.

“Fluctuations are quite normal but we must make the market healthy and transparent. Market fluctuations are also caused by physiological factors,” he said.

In April, foreign investors net bought 88 million USD worth of local shares.

“Transparency is very important in the stock and bond market.  I think it’s necessary to strictly handle manipulation,” said Associate Professor Nguyen Thuong Lang of the National Economics University.

Source: VOV5