(VOVWORLD) -The Vietnam Securities Economics e-magazine hosted a seminar entitled “Finding Solutions to Support Businesses to Join the Stock Market” in Hanoi on Wednesday.
 Seminar “Finding Solutions to Support Businesses to Join the Stock Market” in Hanoi on July 19, 2023 (Photo: Ngoc Anh) |
Going public on the stock exchange will bring many benefits to enterprises, such as raising capital, expanding the scale of operation, and elevating their prestige and trademark.
In the past three years, Vietnam’s stock market has seen remarkable growth in liquidity, capitalization, and number of investors, but the number of businesses listed on the exchange has been limited.
Lawyer Phan Quoc Huynh, Chairman of the Board of Directors of SBS Securities Company and Vice Chairman of the Vietnam Securities Business Association, said, “The government has taken measures to promote a healthy stock market. The Ministry of Finance has directed the State Securities Commission to promulgate mechanisms and amend legal documents, including those related to bonds, to create a more transparent and safer environment."
"The stock market has rebounded recently. It was once below 900 points, but has now rallied to more than 1,170 points, and may soon reach 1,200 points.”