Many billion-dollar investment funds have the intention to pour money into the Vietnamese stock market, an event held by VIR has heard.

Following a prosperous 2021, about 15 per cent of all businesses on stock exchanges have reported losses after a difficult year in 2022.

Brokerage revenue fell at most securities companies amid the general market contraction as the total trading size of the whole market shrank.

Shares had a good start on Monday thanks to increased demand toward the end of the trading session.

The Vietnamese stock market struggled following the Tet holiday, but liquidity improved as selling pressure increased, reflecting investors' desire for profit-taking. However, experts remain positive about the market's development in the future.

The Government’s active stance to address macro challenges would fuel the stock market development in 2023.

Vietnam’s markets are likely to be choppy, gold to remain strong, stocks expected to rebound after a tough first quarter, and corporate bonds to encounter new challenges, according to analysts.

The VN-Index edged up slightly on Thursday despite two-thirds of shares dipping in the red, driven by the growth of heavyweight shares.

The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.

The market reversed and fell sharply in Wednesday's trade, with many stocks hitting the floor prices.