The stock market is appealing more to the investors with the VN-Index advancing nearly 20 percent, while the HNX-Index soaring 30 percent in the first three months of this year, coupled with the trading value reaching trillions of dong per session.

Chairman of the State Securities Commission Vu Bang has remarked that the stock market will continue to grow along with macroeconomic improvements.

The Government's determination to restructure the stock market has also helped to attract both foreign and domestic investors. He noted that there has been a rise in both foreign direct and indirect investments into Vietnam, thereby boosting the stock market to show further growth.

In addition, the draft regulation on increasing foreign stakes in listed enterprises was submitted to the Prime Minister for review and will soon be issued. This will bring opportunities for further development of the stock market and help the enterprises to get access to capital sources and improve their financial condition.

According to Bui Hoang Hai from the Securities Issuance Management Department, it was the right time for public companies to consider listing to raise capital, given the rapid market gains in the first quarter.

He urged the companies to be well prepared for the procedure, as the opportunities could fly away, adding that several companies still did not have a complete understanding of the regulations.

According to statistics, violations related to information announcement by public companies accounted for about 20 percent of the total violations handled.

In last September, Decree No. 108/2013/ND-CP was issued, which regulated that companies must be listed on the exchange within a year of their initial public offerings.-VNA