Stock market should be main capital channel: Deputy PM
The stock market should serve as the main capital mobilisation channel for the economy, Deputy Prime Minister Vuong Dinh Hue said at a working session with the State Securities Commission (SSC).
Hanoi (VNA) – The stock market should serve as the main capital mobilisation channel f💝or the economy, Deputy Prime Minister Vuong Dinh Hue said at a working session with the State Securities Commission (SSC) on April 27.
He required the SSC to better implement solutions to attract more foreign investors in the stock market, while joining hands with relevant authorities to work out operation mechanisms for venture funds with the goal of supporting business start-up.
The SSC should also develop the corporate bond market and prepare for the launch of derivative market, the Deputy PM said.
Hue affirmed that the Government will push forward the equitisation of State-owned enterprises and enhance corporate governance to create more commodities for the stock market.
A report delivered by SSC Chairman Vu Bang showed the securities market maintained a stable growth in the 2011-2015 period, with the market index having expanded 65 percent after five years. The stock market mobilised more than 1,211 trillion VND (55 billion USD) during the period, four times the figure of 2006-2010, contributing 23 percent of total social investment.
As of the end of 2015, 686 companies were listed on the stock market while 256 joined the Upcom, up two times from 2011. The securities market’s capitalisation rose 1.5 times from the 2011 figure and accounted for nearly 35 percent of the GDP.
The Government bond market registered an average growth of 31 percent, becoming an important capital mobilisation channel for the government, the report said.-VNA
Vietnam’s securities sector reaped satisfactory results in 2015, thanks to its strong measures to attract external capital flows and through the restructuring of the stock market system.
Plans of increasing the percentage of foreign ownership will continue gripping the attention of investors when companies propose them in their annual general shareholder meetings (AGM).
The Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange will further professional exchange and support as well as cooperate in areas of shared interest.
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.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
Illustrative photo (Source:Internet)
