Nation's two stock exchanges to merge

The nation's two stock exchanges will be merged in accordance with a Ministry of Finance plan for restructuring the securities market that is supported by the Vietnam Association of Securities Businesses, the ministry announced at a meeting here on Dec. 24.

Foreign stock investments regain head of steam

Total foreign investment in the nation's stock market has fallen to 7 billion USD in 2009 from a peak of 11-12 billion USD in 2007, but current rates of investment represent a significant recovery from the 2008 economic crisis, State Securities Commission chairman Vu Bang told Vietnam News.

A new State Bank of Vietnam report on foreign indirect investment showed that an estimated 1.8 billion USD worth of foreign capital was injected into securities in the first six months this year.