Tag: Vietnam

Vietnam’s stock market faced its steepest decline since April after a government probe uncovered widespread bond market irregularities. The investigation revealed disclosure flaws and fund misuse in corporate bond sales totaling $17 billion issued between 2015 and 2023.

Market Reaction to Regulatory Findings

Vietnamese equities witnessed substantial declines on Monday, with the benchmark index dropping 5.5 percent according to market reports. This represents the most significant single-day decrease since the global market downturn in April. The sell-off followed the release of findings from a state investigation into corporate bond sales spanning nearly a decade.