Vietnam’s stock market recovered strongly from a correction in late January. The VN-Index (VNI) tumbled after hundreds of COVID-19 cases were announced in late January. However, following a rally in global equity markets, the VNI rebounded in the first week of February before pulling back by nearly 4% on February 8 due to new COVID-19 cases confirmed in Ho Chi Minh City and profit taking pressure ahead of the long Tet Holiday. Positive performance from global markets, the Government’s effective