After recording good gains in the first week, weak sentiment pushed the market back. The first week of March was very positive for Vietnam’s stock markets. The VN-Index continued its upward trend from February. It rose 20 points to reach an intra-day peak of 579 on March 7. On that day, Vissan completed a very successful IPO, the MOIT announced measures to protect Vietnamese steel companies from cheap Chinese imports and oil and gas tickers rose on a 2% increase in crude oil prices.