Vietnam stock plunges to two and a half-year low
The VN-Index tumbled 3.12 percent to 811.35 points Wednesday, its lowest point since October 10, 2017.
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In the first day of trading on Ho Chi Minh City Stock Exchange on Tuesday, market capitalization of Vietnam Rubber Group fell by VND1,600 billion ($67.5 million).
Online shopping in Vietnam has grown by at least 20 percent over the past few months amidst the complicated development of the novel coronavirus disease epidemic.
Rates for 5% broken rice in Vietnam rose to $400-$405 on Thursday, highest since November 2018, compared with $390-$400 a week earlier, due to drought and coronavirus fears.
The VN-Index tumbled 3.12 percent to 811.35 points Wednesday, its lowest point since October 10, 2017.
The VN-Index fell 56 points, or 6.28 percent to 835 points on Monday, the biggest plunge since 2001, after the country confirmed 14 new coronavirus cases and global oil prices dropped 30%.
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