Indices dropped sharply on Monday due to a strong selling force, showing investors’ pessimistic sentiment about the market’s movements.

Vietnamese stocks extended losses on Friday as panic selling flooded the market, following the sharp fall of large-cap stocks.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed the previous trade's course to close lower yesterday.

investors' confidence has been harmed by the incidents related to specific personal and corporate violations Vạn Thịnh Phát Group