The market is forecast to witness slower momentum in the near future as it awaits positive factors, such as the growth of the macro-economy, prosperous production, and business activities of enterprises, before forming a more specific trend.

The market ended higher in the last trading session of the week, but foreign investors continued to net sell on the southern exchange.

Vietnamese shares failed to maintain their upward trend on Thursday due to overwhelming selling pressure.

As Vietnam’s stock market stands poised on the threshold of significant upgrades, there is an air of anticipation among experts and investors alike. Such a move would send positive signals, heralding both increased market liquidity and foreign investor participation, while also driving greater transparency in the marketplace.

The stock market finished higher Wednesday, boosted by bargain-hunting force after a two-day correction.

The Vietnam Stock Exchange (VNX) said it has become an official member of the World Federation of Exchanges (WFE) following voting by the WFE General Assembly as part of the federation’s annual meeting from September 19-21.