Shares tumbled on Wednesday following a three-day rising streak as investors reacted to the economic data released by the General Statistics Office.

The selection of listed companies at the this year’s Vietnam Listed Company Awards, to be announced this week, has shown a significant improvement of companies in all aspects, including business performance, finances, corporate governance, environmental standards, and society-related issues.

In the last trading days of the year, the country's stock market has seen a flurry of activity, with many companies witnessing profit-taking activities from their leaders and families.

Vietnamese shares managed to maintain an upward trend after a volatile afternoon trading session amid large differences in large-cap prices.

A series of securities companies announced to increase their charter capital to promote investment in the retail segment, upgrade their systems, improve processes, and develop new products, while also riding on the wave of many new investors who need to borrow margins.

Vietnamese stocks had a good start on Monday largely led by gains in financial shares and heavy-weight stocks.

The stock market rose on Monday morning, backed by strong gains in a number of large-cap stocks.

Analysts from securities companies are optimistic about stock market movements during the last trading week of this year, betting that the cash flow will soon shift to good fundamental large-cap stocks like banking and securities groups.

The stock market has set records in terms of scores, liquidity and the number of new accounts this year.

Vietnamese stocks recovered to end higher in pre-Christmas trading on Friday, largely on the strength of a handful of banking and securities blue-chips.