Hanoi- Vietnam's stock market Thursday fell to its lowest level since December 2005, after state media reported that ongoing losses had driven several securities firms to the verge of bankruptcy.
The VN-Index ended the day down 2.9 per cent, or 8.3 points, to close at 277.8, the lowest level since December 29, 2005.
Market volume was just 6.8 million shares, valued at 146 billion dong (8.3 million dollars). It was the fourth consecutive drop since trading resumed after Vietnam's lunar New Year.