Vietnam’s benchmark VN Index rose 1.54 per cent by the midday break on Wednesday, heading for its second straight gain, as investors sought to buy blue-chips after recent falls.
PetroVietNam Gas, Vietnam’s biggest listed firm by market value, rose 1.64 per cent and Hanoi-based Vietcombank, the country’s largest lender by capitalisation, advanced 1.02 per cent.
More than 77.8 million shares had changed hands by midday, compared with the five-day average of 82.65 million, Reuters data shows.
The index had hit a five-month low on Monday.
Vietnam’s economic growth target of 6.2 per cent for this year is attainable, a parliament official had said on Wednesday.