Shares traded higher on Thursday morning as rising investor optimism put the market back on track.
The benchmark VN Index on the HCM Stock Exchange gained 0.35 per cent to close at 710.04 points. Viet Nam’s key index had lost total 1.3 per cent in the previous four sessions.
Shares rose in the two local exchanges on Wednesday morning as investors scooped up stocks that had slipped to more affordable levels.
Shares fell further on the two local markets on Tuesday as investor confidence remained low on potential global risks, a coming holiday and a six-day decline of oil prices.
Shares were volatile in the two local bourses on Tuesday morning as investors remained cautious on worries that the markets would not recover in the short term.
Deputy Prime Minister Vương Đình Huệ has ordered all relevant agencies to publicise the list of equitised State-owned enterprises (SOEs) not listed on the stock market as of December 31, 2016.
Banks are hesitant to go public over the persistent challenging business environment.