Vietnam’s stock market is set to grow in a stable, safe, healthy, effective and sustainable fashion. (Photo: VNA)
Hanoi (VNA) – Vietnam’s stock market is setto grow in a stable, safe, healthy, effective and sustainable fashion under a freshly-approvedstrategy.
Deputy Prime Minister Le Minh Khai on December 29signed Decision No. 1726/QD-TTg approving the stock market development strategyuntil 2030.
The strategy also aims to improve risk resistance forthe market, making it an important medium and long-term capital mobilisationchannel for the national economy.
Green, sustainable finance tools will be promoted, digitaltransformation will be stepped up in the sector, and international integrationwill be enhanced to narrow development gaps between the domestic stock marketand those in developed countries.
According to the strategy, stock market capitalisationwould equal to 100% of GDP by 2025 and 120% by 2030. Outstanding bonds wouldrepresent at least 47% of GDP by 2025 and 58% by 2030.
The proportion of Government bonds held by non-bankinginvestors would rise to 55% by 2025 and 60% by 2030. The number of stocktraders would reach 9 million by 2025 and 11 million by 2030.
Among the important targets set in the strategy are upgrading the market from a frontier to an emerging market in line with international rating organisations' standards by 2025, and joiningthe group of four major stock markets in the Association of Southeast Asian Nations(ASEAN) by 2025.
To that end, the strategy put forth a range ofsolutions such as strengthening the management, supervision and inspectioncapacity of relevant forces, and increasing supplies and raising their quality.
The strategy also mentioned the issuance of a varietyof terms of government, government-guaranteed and local government bonds; encouragingbusinesses to issue a variety of bond types suitable to their capital mobilisationneeds; and promoting green bonds to create more capital mobilisation channelsfor the budget and enterprises, and attract investors to sustainable economicdevelopment.
It emphasised the approach to international practices regardingaccounting and auditing standards, and applying International Accounting Standards(IAS) and International Financial Reporting Standards (IFRS), thus improving transparencyand efficiency of information provision to investors.
The role and responsibility of credit rating organisationsin the corporate bond market should be enhanced, towards requiring bond issuersto be rated, the strategy said./.
Despite deposit interest rates at banks have reached historically low levels, it is premature to anticipate a significant influx of capital from banks into the securities market at this time.
World Bank (WB) experts have suggested several things that Vietnam should do to attract foreign investment in the stock market at the recent Inter-Agency Seminar on Unlocking the Potential of Vietnam’s Capital Markets.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.