Thang Long - Hanoi

Thai investors eye local stock market
12/01/2010 | 15:44:39
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A delegation of 40 people from Thailand came to Vietnam last week to explore opportunities to invest in the country’s stock market.

“We are impressed by the growth of Vietnam’s stock market with the VN-Index increasing almost 60 percent last year,” said Kanjanapetcharat Somchai, the delegation head, who is also a director of Thailand ’s second largest securities company, KT Zmico, during a seminar on potential opportunities specially held for them at the HCM Stock Exchange late last week.

He added every investor desired such growth and Thai investors would likely tap Vietnam’s market potential.

He praised Vietnam’s political stability, citing recent chaos in Thailand that negatively impacted its SET Index.

Delegates, however, raised concerns over the bourse’s poor range of securities trading tools foods and issues including Vietnam’s regulations, which limit investors to one trading account and prevent securities being sold the day they are bought./.
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