The benchmark VN-Index inched higher on Tuesday morning on bank and real estate stocks but losses in many large-caps capped the gain.

The financial markets as well as the stock markets in Vietnam have been significantly affected by the sluggish global economy and the uncertainty in global financial markets. The challenges in the internal economy in Vietnam are also facing risks and unpredictable pressures.

The market closed higher on Monday as a series of banking and real estate stocks surged, propelling the indices.