Vietnam Insight

US stocks fell for the next 4 sessions from the beginning of last week, worried about the continuous decline of bank stocks. The Fed raised interest rates by 25 basis points at the end of its two-day policy meeting; US prime interest rate increased to 5-5.25%
Vietnam stock market: The market in week 18 was only traded for 2 days on Thursday and Friday due to the national holiday with a narrow margin and modest liquidity. The news that the Fed and ECB rose 25 basis points reflecting inflation concerns also affected market sentiment

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