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The index closed 11.6 points lower after gaining 4.9 points on Thursday.
Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 37% percent to VND15.51 trillion ($655.47 million).
The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers dropped.
KDH of real estate firm Khang Dien House fell 4.5%.
GVR of Vietnam Rubber Group lost 3.5%, and CTG of state-owned lender VietinBank dropped 2.6%.
Other losers included MWG of electronics retail chain Mobile World, STB of Ho Chi Minh City-based lender Sacombank and HPG of steelmaker Hoa Phat Group.
Seven blue chips bucked the trend, led by PDR of Phat Dat Real Estate Development with a 4.3% rise.
It was followed by VRE of retail real estate arm Vincom Retail, up 3.5%, and VNM of dairy giant Vinamilk, up 2%.
Foreign investors were net sellers to the tune of VND422 billion, mainly selling STB of Ho Chi Minh City-based lender Sacombank and VJC of budget airline Vietjet.
The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 2.43% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.90%.
