Business

Vietnam’s securities investment funds hold huge potential: SSC

Securities investment funds in Vietnam have ample room for growth if they effectively promote current results and implement goals and solutions in a substantial way with a roadmap in accordance with the country's international integration and situation, according to the State Securities Commission of Vietnam (SSC).
Vietnam’s securities investment funds hold huge potential: SSC ảnh 1Securities investment funds in Vietnam have ample room for growth (Illustrative photo: tinnhanhchungkhoan.vn)

Hanoi (VNA) – Securities investment funds in Vietnam have ample room for growth if they effectively promote current results and implement goals and solutions in a substantial way with a roadmap in accordance with the country's international integration and situation, according to the State Securities Commission of Vietnam (SSC).

The scale of management assets of fund management firms is targeted to make up about 6-10 percent of the gross domestic product (GDP) by 2030.  The SSC is also keen to develop and diversify types of stock funds and open the asset management market in accordance with a committed roadmap, together with sharpen competitive edge of fund management in Vietnam.

The SSC said that the growth of fund management firms and securities investment funds are commendable with contributions to the sustainable development of Vietnam’s stock market, while the development potential of securities investment funds in the country remains high.

Despite difficulties and challenges, fund management has made contributions to the development of Vietnam’s stock market. By late 2020, the total management assets of fund management companies made up 5.5 percent of the country’s GDP. The percentage was lower than that of other countries in the region.

Some reasons behind the low percentage include investors’ mindset of investing independently and opening bank saving accounts with stable interest rates instead of entrusting their money to investment funds managed by financial experts.

In the coming time, to bolster development of fund management firms and securities investment funds in Vietnam, the SSC believed that it is necessary to fulfil targets and improve the efficiency of fund management companies in a bid to ensure their capacity and financial safety, among others.

In the 2011-21, legal framework for activities of fund management companies and securities investment funds was amended, with new models added, signaling the growth of the sector in Vietnam.

The establishment of securities investment funds was sped up in the period, with the number of the funds figure tripling to 62 in September 2021 from just 23 recorded 10 years earlier./.

VNA
#stock funds #State Securities Commission of Vietnam #fund management firms #Vietnam’s stock market #securities investment funds #vietnamplus #vietnam news agency
Follow VietnamPlus

Related News

German journal highlights Vietnamese stock market’s prospects

German journal highlights Vietnamese stock market’s prospects

German securities news site Börse-online.de on November 22 ran an article highlighting the high prospect of the stock market of Vietnam and the Vietnamese economy after COVID-19, underlining that the Southeast Asian country may grow 8 percent next year.
Stock market hits new records this week

Stock market hits new records this week

Vietnam’s stock market saw another record this week, with the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) closing at a new peak of 1,488.87 points, up 25.24 points, on November 24.
Stock market attracts more foreign investors

Stock market attracts more foreign investors

The number of accounts owned by foreign individuals and organisations in Vietnam’s stock market had hit more than 38,000 as of September 2021, a year-on-year surge of 34.7 percent.

See more

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.

The production line of Regza Electronics Vietnam Co., Ltd. located in Dong Nai province. (Photo: VNA)

Vietnam’s overseas investment rises 2.3-fold in first two months

During the period, 36 new overseas projects were granted investment certificates with total registered capital from Vietnamese investors reaching 532.4 million USD, up 2.3 times compared to the same period last year. In addition, three projects adjusted their capital with an additional 7.8 million USD, 1.5 times higher than a year earlier.

Workers of PTSC Thanh Hoa check the system for crude oil imports. Vietnam saw strong increase in fuel imports in the first two months of this year. (Photo" VNA)

Vietnam records strong increase in fuel imports in two months

Statistics of Vietnam Customs showed that Vietnam spent more than 1.44 billion USD importing 2.18 million tonnes of petroleum products in the first two months of this year, representing a sharp increase of 31.4% and 43%, respectively, over the same period last year.

Prime Minister Pham Minh Chinh visits a macadamia cultivation model in Huoi Tao B village, Pu Nhi commune, Dien Bien province on March 8. (Photo: VNA)

PM requests boosting agricultural development in Northwestern region

PM Chinh encouraged local residents to explore additional crops and livestock suitable for intercropping in order to maximise land use efficiency. Farmers were also urged to strengthen cooperation with one another and with businesses by joining cooperatives, consolidating land resources and working together to expand production and improve incomes.

Farmers in the Mekong Delta province of An Giang harvest rice grown under the project 'Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Associated with Green Growth in the Mekong Delta by 2030.' (Photo: VNA)

Promoting high-quality rice exports amid mounting challenges

According to the Ministry of Agriculture and Environment (MAE), an estimated 600,000 tonnes of rice worth 370 million USD was exported in January, up 12.4% in volume and 16.9% in value year-on-year. The average export price reached 616.6 USD per tonne, up 4%.

Fuel supply in Hanoi remains stable. (Photo: VNA)

Fuel prices rise sharply from 3 pm on March 7

Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.

Customers buy and sell fuel at a Petrolimex petrol station. (Photo: VNA)

Capital’s fuel market remains stable after March 5 price adjustment

Operations at several petrol stations across Hanoi have run normally. Along major routes, petrol stations remained open and continued to serve customers as usual. The number of vehicles refueling showed no major changes compared to the days before the price adjustment. Sales activities continued without interruption, and there were no long queues or supply disruptions.

Thang Long II Industrial Park in Hung Yen province. (Photo: VNA)

Green industrial parks draw FDI to northern Vietnam

From 2026, the industrial real estate market in the northern region is forecast to enter a new growth phase as strategic infrastructure projects near completion, supply expands, and green industrial parks become a decisive factor for foreign direct investment (FDI).

Border guards from Thanh Hai Border Guard Station patrol fishing vessels entering Phu Hai port in Phu Thuy ward, Lam Dong province. (Photo: VNA)

Lam Dong orders swift action to address IUU fishing gaps

Vice Chairman of the provincial People’s Committee Le Trong Yen has directed heads of relevant departments, sectors and localities to strictly implement directives and newly issued regulations on IUU prevention, while strengthening public awareness efforts so fishermen and businesses better understand and comply with the rules.