The VN-INDEX posted its largest monthly decline since the beginning of the year. The VN-Index had a poor start as BVH plunged to its trading floor in the first two trading days of May as Bao Viet Holdings unlocked 60% of 20.4 million ESOP issued in 2018 at VND35,900/share. The VNI then declined further to 947.0 on May 9, the lowest level seen in nearly three months as US President Trump’s tariff threat to China dampened global markets.