The Vietnamese stock market has evolved significantly from its earlier rudimentary state.

Foreign investors have been strongly net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the market's sentiment. However, this net selling and capital withdrawal by foreign investors is not yet a worrying trend.

The Vietnam Stock Exchange (VNX) reported a decrease of 11% year-on-year in net revenue to more than VND3 trillion, according to the audited consolidated financial statements for 2023.

Foreign investors have net sold Vietnamese stocks on HoSE with a value of VND58 trillion (over US$2.3 billion) since the beginning of 2023, indicating a prevailing trend of net selling in the Vietnamese stock market.

Amid the surging wave of telecommunications and technology stocks on the Vietnamese stock market, Viettel Global Investment JSC (VGI) has emerged as a rising star, capturing significant attention as its stock price relentlessly climbs to record levels.

The elevation of the stock market to "emerging" status can help Vietnam attract an additional US$10 billion in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).

The Supreme People's Procuracy has recently issued an indictment prosecuting 51 defendants in the case of stock market manipulation related to the FLC Group Joint Stock Company.

Vietnam remains in the watch list for a possible reclassification from frontier to secondary emerging market status, according to FTSE Russel’s Country Classification review in March.

The stock market in Vietnam is expected to gain popularity among domestic individual investors due to its accessibility, profit potential, and demographic and income level improvements.

Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to world media.