TẠP CHÍ ĐIỆN TỬ
Stock market expected to further develop
The legal framework has been refined to attract more foreign institutional investors.
The total number of securities trading accounts for both domestic and foreign investors have reached over 9.2 million units in Vietnam up to now.
According to data from securities firms, individual investors accounted for approximately 75% of daily liquidity. This reflects a contrast with international markets such as Hong Kong (China) and the South Korea, where individual investors typically invest through fund certificates or entrust funds to investment firms, with direct market participation primarily by professional investors.
Deputy Minister of Finance Nguyen Duc Chi was quoted by the Vietnam News Agency as noting that for the market to achieve high quality and sustainable development, there must be a substantial presence of institutional investors.
To attract more foreign institutional investors and enhance investment capacity in Vietnam's stock market, the Ministry of Finance and the State Securities Commission have been diligently refining the legal framework.
The ministry’s Circular No. 68/2024/TT-BTC, effective from November 2, 2024, has addressed the prefunding requirement for margin trading, thus allowing foreign institutional investors to purchase shares without pre-depositing funds.
Additionally, the newly amended Securities Law, recently passed by the National Assembly, has facilitated professional institutional investors to invest in the market.
Minister of Finance Nguyen Van Thang, as quoted by the State-run news agency, emphasized the importance of accelerating development efforts in 2025 to harness resources and fully exploit potential, aiming for sustainable economic breakthroughs.
He stated the mission of the securities sector is to continuously develop infrastructure, improve service quality, attract international investors, and mobilize medium- and long-term capital for the state budget, enterprises, and the economy. The country must create a transparent, safe, and attractive investment environment, making Vietnam's stock market a reliable destination for both domestic and foreign investors.
