Lately in Ho Chi Minh City, there has been cyber fake news relating to the fight against Covid-19, leaving the community confused and even anxious. After careful tracking, the functional agencies of the city have been able to pinpoint the criminals.
Business results of the second quarter of 2021 saw the Price-to-Earnings ratio (P/E ratio) of the Vietnamese stock market drop immediately, a sure sign that the Vietnamese stock market is becoming weaker. However, despite liquidity becoming very low, the market also corrected down quickly.
Vietnam's stock market was extremely positive, with more than VND33 trillion pumped into the market in the first trading session of the week on August 16, although foreign investors still net sold for the fifth consecutive session with about VND960 billion.
The world oil price has been increasing continuously, but not all Vietnamese oil and gas enterprises have benefited from this price increase. This is the reason why oil and gas stocks have seen low response despite a positive global scenario.
Currently, VN-Index has declined by about 12 percent from the peak of 1,420 points on July 2. However, experts assessed the fluctuations of the stock market in July this year to be short-term. The stock market still has many development opportunities in the long term, continuing to affirm its role as an important capital mobilization channel.