Vietnam’s securities market to join ASEAN’s top 4
(VOVWORLD) - Vietnam aims to have its securities market in ASEAN’s top 4. The Finance Ministry announced the target in a conference on Thursday to leverage the stock market as a channel for investment and wealth accumulation.
 (Photo: Investment review) |
The local stock market has been evaluated at over 133% of the GDP with more than 2,100 listed companies. It is expected to size up to 58% of the GDP by 2030, as the State Securities Commission’s Deputy Chairman Pham Hong Son put it: 'We will research and build up market for businesses with solid high growth potential and innovative starts-up. They will gain capital access for initial start up growth and capital mobilization while generating potential shares for the market'