Bears in full force on VNI. Following mixed performance in the Asian markets, the VNI tumbled today despite the MoF officially promulgating Circular 83/2012/TT-BTC to guide the implementation of the VND29 trillion fiscal package and the announcement of CPI at a low of 8.34% YoY. Even more, investors barely flinched at yesterday’s gasoline price cuts. The deep correction the last few days has really spooked investors. The VNI is down about 12.5% since peaking at 488 at the beginning of May.