The Vietnamese stock market has witnessed an impressive trading week with listed companies starting to disclose their fourth quarter business results, while an extraordinary National Assembly session has provided positive supportive information.

The market rose to its highest close in nearly four months on Thursday, boosted by large-cap stocks.

Over the past 23 years, Vietnam’s stock market has demonstrated a remarkable trajectory of resilience and growth, despite facing periods of intense volatility. The VN-Index, in particular, has shown a remarkable ability to bounce back, especially after the significant downturn of 2008, witnessing a decade of growth thereafter

The Vietnamese stock market was steady on Wednesday, as many large-cap stocks reversed course during the afternoon session.

Although the market benchmark VN-Index closed last year with a gain of 12.2 per cent, foreign investors were less positive with strong net selling.

Benchmark indices inched higher on Tuesday as the improvement of market sentiment lifted large-cap stocks, but liquidity remained at low levels.

The stock market closed lower on Monday due to weak risk appetite and low liquidity, while foreign investors continue to be net buyers on the two main exchanges.