10-year record: $500 million pours into Vietnam stock marketVietNamNet Bridge - Within a short time, capital flow to the stock market unexpectedly surged this year and broke the record of 10 years ago. Within a short time, capital flow to the stock market unexpectedly surged this year and broke the record of 10 years ago. According to SSC, the total net purchase of foreign investors on Hanoi and HCMC bourses in the first six months of the year reached VND9.2 trillion. He believes that the foreign capital will break the VND16 trillion record in 2010.He went on to say that foreign investors have been encouraged by institutional reform and policies on supporting economic growth will help reduce the underground fee and improve businesses’ competitiveness.He commented that SBV’s decision on lowering prime interest rate has sent a message that the government is trying to help businesses cut production costs. RELATED NEWSBig money flowing into VN stock market‘Frontier’ status won’t affect stock market in short term: analystsM. Ha

Source: VietNamNet News July 21, 2017 09:00 UTC