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Foreign Inflows to Vietnam Stocks Gain Momentum

The logo for the Ho Chi Minh Stock Exchange. Photographer: Brent Lewin/Bloomberg (Brent Lewin/Bloomberg)

(Bloomberg) -- Foreign buying of Vietnam’s stocks accelerated in the past week as the nation’s benchmark equity index rose and the Vietnamese dong was unchanged.

  • The 5-day moving average of net foreign inflows increased to $14.8 million, rising above the 20-day average of $3.34 million in outflows, according to data from the Ho Chi Minh Stock Exchange compiled by Bloomberg.
  • The Vietnam Ho Chi Minh Stock Index rose 1.2 percent over the past week and the dong was unchanged against the dollar at 24,609.00.

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