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Economy / Vietnam

VNI: Drop Below 400 Puts 320 In Sight

August 2006 | Market Alert
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The Viet Nam Index (VNI) looks set to experience further losses, having plunged by 20% over the past fortnight alone. The index closed at five-month low of 399.80 on Wednesday, some 37% below its all-time high of 632.69 seen on April 25, at which point the market had risen by 106% since the start of 2006.