Shares are forecast to return to the downtrend this week as market sentiment stays weak amid low liquidity and a lack of stability for long-term recovery.

Shares rebounded on Friday, aided by gains in the group of securities and large-cap stocks.

The Vietnam Securities Depository (VSD) is getting consultations on a draft regulation on clearing and settlement of securities transactions, under the direction of adjusting the payment time for completing the T+2 settlement cycle of the State Securities Commission (SSC).

Vietnamese shares ended Thursday in a sombre mood amid increasing selling pressure which caused the VN-Index to retreat from the 1,200-point mark.

The market closed largely unchanged on Wednesday as bullish and bearish sentiments entered a tug-of-war.

The value of Vietnam’s market is expected to reach a favourable level despite the fact that the VN-Index is still in a downturn, causing a significant sell-off by investors.

Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks.

The Vietnamese stock market has gone through nearly half of 2022 with turbulence and remarkable events, especially the Government's crackdown on illegal activities manipulating the market.