Hanoi - Vietnam's stock market hit its lowest mark in nearly three years Monday as the country's economic outlook worsened.
The VN-Index today closed down 1.03 points, or 0.32 percent, at 317.9, the lowest level since February 2006.
"Local traders don't want to buy at this time as they see the global market continue to fall," said Phan Hong Quan, director of Eurocapital Securities in Hanoi. "They favour holding cash, waiting for signs that the market is rebounding."