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The index closed 17.5 points lower after losing 22.9 points on Wednesday.
Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 4.7% to VND11.23 trillion ($471.16 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers dropped.
GVR of Vietnam Rubber Group plunged 5.9%, followed by VIC of biggest private conglomerate Vingroup with a 5% drop.
BVH of insurance company Bao Viet Holdings lost 4.5% and CTG of state-owned lender VietinBank fell 3%.
Other falling tickers were STB of Ho Chi Minh City-based lender Sacombank, VIB of Vietnam International Commercial Bank and VPB of private lender VPBank.
Six blue chips bucked the trend. VNM of dairy giant Vinamilk and VRE of retail real estate arm Vincom Retail both rose 1.3%.
Other gainers were GAS of state-owned Petrovietnam Gas, PDR of Phat Dat Real Estate Development, NVL of real estate developer Novaland Group and TPB of private TPBank.
Foreign investors were net sellers to the tune of VND158.74 billion, mainly selling STB of Ho Chi Minh City-based lender Sacombank and KDH of real estate firm Khang Dien House.
The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.17% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.72%.
