Developing new products to attract investment in Viet Nam’s stock market
VGP – Towards the goal of expanding the size of the share market equivalent to 100% GDP by 2020 and 120% GDP by 2025, Viet Nam’s stock market has been unceasingly developing over recent times and has become an important channel to mobilize medium- and long-term capital for the economy.
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Developing new products to attract investment in Viet Nam’s stock market |
The project targets a share market scale equivalent to 100% GDP in 2020 and 120% GDP in 2025, a bond market size equivalent to 47% GDP in 2020 and 55% GDP in 2025, and a 20% increase in the number of listed companies in 2020 compared to 2017.
With the aforementioned goal, the stock market’s continuous operation of new products is necessary and in line with the roadmap to increase the number of investors in the market to 3% of the population by 2020 and 5% of the population by 2025.
After nearly 20 years of operation, Viet Nam’s stock market has strongly grown in size and unceasingly improved its structure in the direction of integration and in accordance with common standards and international practices. Also, the legal framework related to the securities field has constantly improved.
Through the stock market, many businesses have mobilized large capital sources for their production and business activities, as well as building their image and reputation. The Vietnamese stock market has also been added to the FTSE Russell’s consideration list for possible reclassification as a secondary emerging market from a frontier market.
It can be said that after nearly 20 years of operation, Viet Nam’s stock market has not only grown rapidly in terms of “quantity”, but has also improved remarkably in terms of “quality”. In particular, diversifying and improving the quality of products on the stock market is always one of the important goals in the group of solutions aimed developing Viet Nam’s stock market./.
By Vien Nhu
