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Jan 11, 2014 / 12:16

Foreign capital in stock market up 55% in 2013

Foreign investors bought more than VND6,800 billion, or US$325 million in stocks in Viet Nam, up more than 55% from 2012, according to the State Securities Commission of Viet Nam.

Thanks to the sharp increase in foreign capital into the stock market, the VN-Index rose more than 22% in 2013.

In early December 2013, Asia Frontier Capital announced to open AFC Viet Nam Fund with an initial capital of US$50 million, showing a positive prospect for Viet Nam’s stock market.

As stated by the Viet Nam Securities Depository, 728 foreign investors opened new accounts for their transactions in 2013, 291 of which are organizations.