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Bangkok Post
Bangkok Post
Business

World’s worst-performing stocks have Vietnam investors on edge

FILE PHOTO: People walk past the stock exchange centre in Hanoi, Vietnam on Jan 26, 2018. (Reuters)

The world’s biggest stock-market slump is testing the resolve of Vietnam’s investing masses.

A government crackdown on real estate companies, corruption probes and tightening credit have pushed the benchmark VN Index down 36% this year in the world’s worst performance, led by banks and property firms. While some foreign investors see a buying opportunity, the crisis is punishing for Vietnamese launched into the middle class since 2002. 

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