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Vietnam had two listed companies in 2000, the year the Ho Chi Minh City Stock Exchange was founded. Fifteen years later it had 686. (Photo by Ken Kobayashi)
Market Spotlight

Low rates and a pandemic usher new traders into Vietnamese stocks

Stocks emerge as new asset class for those who once favored cash and real estate

LIEN HOANG, Nikkei staff writer | Vietnam

HO CHI MINH CITY -- The stock market crashed in Vietnam in March 2020, following bourses around the world lower as the coronavirus pandemic took hold. But rather than panic as he watched stock prices fall day after day, Dinh Thanh Cong decided to open a trading account.

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