In a interview with VNE, Nguyen Doan Hung, Deputy Chairman of the State Securities Commission (SSC) said:
"Foreign investors are superior to domestic ones in terms of knowledge, experience and financial capability. The foreign investors can be divided into two groups. Foreign institutional investors aim to medium and long term investment, they do not buy securities today and sell them out tomorrow, they have clear portfolios. Meanwhile, the second group of foreign investors aims at short term investment, in order words, they make speculations, they purchase and sell securities all the time. I can see more and more foreign investors of this group. (...)
The statistics showed that foreign investors now hold 30% of total capital in the stock market. In recent transactions, domestic investors bought and sold securities following foreign investors’ moves, they do not have detailed investment strategies."
Source: VNE
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