The stock market celebrates its 20th anniversary this month. It has already made great contributions to Việt Nam’s economic development while its future prospects look very bright due to its fundamentals.
The Ministry of Finance has approved a plan to reduce the fees for some types of securities-related services this week to support market members and investors badly impacted by the COVID-19 pandemic.
While investors tend to withdraw capital from emerging markets and frontier markets, Viet Nam is still the destination of foreign investors with foreign indirect investment (FII) in the first half of 2019 reaching US$1.28 billion.
Violations in transparency and information disclosure are still rampant on the stock market and remain a problem to market members, public companies and auditors.
Tran Van Dung, chairman of the State Securities Commission, speaks to Vietnam News Agency about the securities market’s prospects this year following negative growth in 2018.
Cyber security risks could lead to trillions of dollars in economic losses to businesses, said Tran Van Dung, Chairman of the State Securities Commission.
The recovery of the Vietnamese economy has made good impact on the local securities market and the business performance of brokerages firms, officials said at a meeting on Friday.
Tran Van Dung, CEO and general director of the Ha Noi Stock Exchange
(HNX), became the general director of Hochiminh Stock Exchange (HoSE)
from March 1.