Vietnamese shares ended lower on Wednesday as investors shunned risky assets on worries about volatile global markets after aggressive interest rate hikes.

Vietnamese shares inched higher on Tuesday as investors snapped up beaten-down shares following a bruising selloff in the previous session.

Shares started the week on a negative note, hammered by losses in multiple sectors facing strong correction pressure during the trading time.

The stock market marked its first weekly fall in four, with the VN-Index breaking down 1,300 points.

Shares finished the week on a negative note, as the selling force gradually grew stronger at the end of the session causing big falls in the market.

Some big changes have been made to the stock market in Vietnam which have caused many investors to suffer huge losses. Notwithstanding, this could now also be the perfect opportunity for investors to buy more shares that are being traded at low prices.