securities

Explainer: What’s Driving Vietnam’s Stock Market Rally?

Despite rising nearly 100 points this year, Vietnam’s VN-Index rally is far from broad-based. A closer look reveals that just four stocks — all tied to the Vingroup ecosystem — account for nearly 90 percent of gains. In a challenging global economic environment, this concentration raises questions about the sustainability of the rally and highlights the need for careful scrutiny before jumping in.

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