Vietnam’s VN-Index, a basket of 30 stocks listed on the Ho Chi Minh Stock Exchange, finished 2023 up 12 percent over 2022, Tuoi Tre is reporting. It also says that total market capitalization hit US$246.6 billion.
Note that though the index increased overall, foreign traders withdrew from the market to the tune of more than US$1 billion in 2023. Furthermore, as of November 21 there had been just 3 IPOs on the exchange worth only US$7 million.