Numerous opportunities remain for unlisted public companies in 2014 to mobilise capital, improve financial strength and access bank loans via the stock market, the Chairman of the State Securities Commission of Vietnam has said.
Speaking at a conference for this group of businesses in Ho Chi Minh City on March 26, Vu Bang further said Vietnam’s macro-economy has thrived since 2013. Many international organisations said the economy has experienced the worst and is now on an upward trend, while the stock market has made an outstanding recovery.
In 2013, foreign direct investment into Vietnam shot up by 54 percent, and investment via the stock market also surged by 34 percent.
In addition, once the Trans-Pacific Partnership agreement is signed, there will be an influx of foreign investment into the country, Bang said.
He went on to claim that the forthcoming derivatives market, which is expected to start operation by the end of 2015, will diversify investment channels and better foreign investment attraction further.
Deputy General Director of the Hanoi Stock Exchange (HNX) Nguyen Anh Phong said listing on stock exchanges such as the HNX, the Ho Chi Minh City Stock Exchange (HOSE) and the unlisted public company market (UPCOM) is an inevitable trend for Vietnamese joint stock companies in the coming time.-VNA
Speaking at a conference for this group of businesses in Ho Chi Minh City on March 26, Vu Bang further said Vietnam’s macro-economy has thrived since 2013. Many international organisations said the economy has experienced the worst and is now on an upward trend, while the stock market has made an outstanding recovery.
In 2013, foreign direct investment into Vietnam shot up by 54 percent, and investment via the stock market also surged by 34 percent.
In addition, once the Trans-Pacific Partnership agreement is signed, there will be an influx of foreign investment into the country, Bang said.
He went on to claim that the forthcoming derivatives market, which is expected to start operation by the end of 2015, will diversify investment channels and better foreign investment attraction further.
Deputy General Director of the Hanoi Stock Exchange (HNX) Nguyen Anh Phong said listing on stock exchanges such as the HNX, the Ho Chi Minh City Stock Exchange (HOSE) and the unlisted public company market (UPCOM) is an inevitable trend for Vietnamese joint stock companies in the coming time.-VNA
