Foreign funds rushing year-end stock transactionsOver the past few months, foreign funds have been ceaselessly selling a hefty volume of stocks worth up to $100 million during the year-end season of stock market launches, whilst actively seeking investment opportunities in the country. Foreign funds are forecast to pour more capital into real estateSpecifically, during December 4-8, foreign funds were reported to sell a whopping volume of stocks worth around $53 million. Consequently, the excessive stock sale towards the end of 2017 earned the foreign funds over $100 million, which will be turned to seize upcoming disbursement opportunities. Another two undisclosed foreign funds were recorded to engage in three stock purchases with the “rising star” of the real estate field Van Phu Invest (VPI) in less than 20 days. As claimed by numerous market specialists, foreign-owned funds might be restructuring their portfolios by divestiture and capital relocation.

Source: VietNamNet News December 27, 2017 06:45 UTC