Vietnamese officials have been organizing many local and international investment promotion programs to call on Japanese and South Korean firms to tap the local securities sector.

Japanese investors expressed an interest in Vietnam’s stock market at a conference themed “Vietnam – Investment Destination” in Tokyo on March 12.

Indices recovered on Tuesday, ending two days of losses, while foreign investors net sold nearly VNĐ200 billion on the two main exchanges.

The total number of securities trading accounts for both domestic and foreign investors reached 7.53 million units as of February 29, according to data from the Việt Nam Securities Depository (VSD).

The Vietnamese stock market is converging various elements conducive to its growth, marked by positive shifts in terms of both quality and quantity.

After withdrawing a billion dollars from the stock market in 2023, foreign investors continued the trend in the first two months of 2024, with about VNĐ$2.4 trillion (US$97.2 million) net sold on the Hồ Chí Minh Stock Exchange (HoSE).

The stock market extended losses on Monday, weighed by lingering selling pressure after the benchmark VN-Index inched closer to the 1,270 point-level last week.