On Wednesday, the VN-Index plunged for the second day in a row as it dropped 3.4%, wiping out all of the gains it had made since the beginning of 2021. VHM (-4.2%) was the top contributor to the day’s loss while fellow Vingroup subsidiary VRE (-6.9%) plummeted to the daily trading floor. Furthermore, parent company VIC (-1.5%) fell to its lowest share price since October 22, 2020. Bank stocks continued their decline, led by VCB (-3.5%), CTG (-5.5%) and TCB (-4.3%). GVR (-7.0%)