The quality of information disclosure on the Vietnamese stock market has been improving over time as listed companies are increasingly focusing on IR activities. The stronger the IR activities, the more transparent and quickly conveyed the information, the more the company's image and brand will be deeply ingrained in the memory of investors.

Vietnam's government and financial regulators are actively pursuing reforms to meet international settlement standards, aiming for an upgrade from a frontier to an emerging market to attract significant global investment and strengthen the nation's credit standing.

Shares reversed course to end lower on Tuesday, pressured by the selling force hitting a series of large-cap stock groups at the final minutes of the trading session.

The potential price increase of textile stocks in the latter part of 2023 is heavily reliant on the recovery pace of the export market and the ability of brands to manage inventory levels. However, the third-quarter results of textile and garment enterprises displayed a decline.

The stock market opened the week on a positive note despite a slight contraction in liquidity, while foreign capital continued to flow into the two main bourses.

According to the HCM City Stock Exchange (HoSE), foreign investors were net sellers in October, with a total value of more than VNĐ1.59 trillion.

The stock market recovered strongly in the last three sessions, raising expectations that the VN-Index is in a stage of breaking out from the bottom. Analysts believe that the recent supportive news will improve market sentiment and boost the recovery of benchmark indices.