Six companies have been fined VND300-350 million (US$12,920-15,070) each for not trading shares on the stock market after becoming public.

Shares maintained their upward trend on Wednesday morning thanks to the growth of large-cap stocks.

The stock of companies in real estate, banking, and services are expected to push up the VN-Index’s growth trajectory in 2020.

Foreign investors bought more Vietnamese stocks than they sold in January, snapping a five-month streak as net buyers.

The Ho Chi Minh Stock Exchange (HOSE) and Vietnam’s securities market will celebrate their 20th anniversary in 2020, entering a new stage of development expected to affirm its importance as a magnet for domestic and foreign investment capital and reverse its liquidity decline.

Vietnamese shares advanced on Tuesday morning as banks, technology businesses construction firms bounced back on strong purchases.

The Ha Noi Stock Exchange (HNX) will continue petitioning State management agencies this year to consider allowing margin trading on the Unlisted Public Company Market (UPCoM).

Vietnamese markets started the week on a negative note in line with their regional counterparts as news of mounting coronavirus fatalities made headlines.

Vietnamese shares declined on Monday morning as market sentiment worsened following reports on the rising coronavirus death toll.

Vietnamese shares are likely to struggle this week amid expectations of lower-than-expected first-quarter earnings reports and consistent coronavirus concerns.