The State Securities Commission of Việt Nam (SSC) on Wednesday held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for...
The legal framework and policies need to be strengthened to ensure development of the stock market in the long run, Deputy Minister of Finance Nguyễn Đức Chi has said.
The Ministry of Finance has recently released Circular 69/2023/TT-BTC, amending and supplementing several articles of Circular 57/2021/TT-BTC issued on July 12, 2021.
The recent declines of the securities market have moved bank stocks to an ''attractive zone''. Banks were trading at a P/E multiple of 7.1 and P/B of 1.3 in late November, equivalent to the lows in March 2020.
Many investors and firms in Viet Nam have reached a financial size that they are well-positioned to manipulate the securities market, exposing the need for tighter regulations.
Deputy Minister of Finance Nguyen Duc Chi, who was appointed to take the charge of the State Securities Commission from May 19, told the media about solutions to ensure a stable and safe stock market in the future.
The stock market has set records in terms of scores, liquidity and the number of new accounts this year, as investors have seen it a shelter amid complex developments of the COVID-19 pandemic.
Viet Nam’s stock market mobilised total capital of VND292.1 trillion (US$12.8 billion) in the first nine months of this year, up 12 per cent compared to the previous year.
The State Securities Commission of Viet Nam (SSC) has recently successively issued decisions to sanction a series of individual investors relating to transactions of buying and selling shares of banks without disclosing information.
Within the trading day, if the total quantity of stocks bought by the investor outclasses the quantity of stocks offered for sale or vice versa, the brokerage house is obliged to balance the cash or the stock difference when the...
Investors will also enjoy a 15-20 per cent cut of charges for position management and margin collateral management when trading on the derivatives market.