Vietnamese shares reversed to negative territory at the end of Tuesday as investors wanted to exit from local assets amid worries about the uncertainty of the global markets.

Vietnamese shares advanced on Tuesday morning, driven by petroleum firms boosted rising oil prices.

Tien Giang Province-headquartered Hung Vuong Corporation (HVG), leading exporter of tra and basa catfish, saw its shares plummet to an all-time low of VND2,520 per share on August 20 after the company announced a loss of VND129 billion (US$5.5 million) in after-tax profit in Q3 this year.

Vietnamese shares were subdued on Monday as market sentiment was dragged down by the escalation of the US-China trade war.

Vietnamese shares sank on Monday morning as the trade war between the US and China appeared to reach a new low.