Phan Tran Trung Dzung; Hung Pham Quang - In: Journal of risk and financial management : JRFM 12 (2019) 2/81, pp. 1-16
This paper aims to test the adaptive market hypothesis in the two main Vietnamese stock exchanges, namely Ho Chi Minh … results validate the adaptive market hypothesis in the Vietnamese stock market. Furthermore, the results suggest that the … evolution of HSX has served as an important factor of the adaptive market hypothesis. …