Opportunities for Vietnam’s securities market to grow in 2015 areabundant since the macro economy showed positive recovery signals overthe last year, said Chairman of the State Securities Commission VuBang.
At the first transaction day of 2015 at the HanoiExchange (HNX) on January 5, Bang said accelerated equitisation incombination with share listings and restructuring measures, includingthe building of new products such as the exchange traded fund (ETF),will help the market develop better this year.
This year, stockmarket management agencies will focus on perfecting Decree 58 on guidingthe implementation of a number of articles of the Law on Securities,which is expected to help attract foreign investment and promote themarket’s growth, he noted.
Additionally, the building of thederivatives market, which is proactively deployed in 2014, will also bestepped up, Bang stressed, adding that HNX has built a technical systemfor the tool’s operation in 2016, with a hope of luring more capital.
Bangvoiced that the upgrade of market and the restructuring ofsecurities-trading organisations will be also fostered in the year so asto attract foreign capital inflows.
According to the Chairman, thecountry’s securities market reaped great successes in 2014, mobilisingnearly 250 trillion VND (11.75 billion USD). Auctions were alsointensified, collecting nearly 13 trillion VND, 4 times higher than thatof 2013.
The capitalisation rate increased 19 percent, whilethe transaction size doubled 2013’s. The bond market also grew robustly,averaging 23 to 25 percent.
The same day, HNX introduced the Bond-Index and announced that it officially changed the HNX-Index calculation method.-VNA
At the first transaction day of 2015 at the HanoiExchange (HNX) on January 5, Bang said accelerated equitisation incombination with share listings and restructuring measures, includingthe building of new products such as the exchange traded fund (ETF),will help the market develop better this year.
This year, stockmarket management agencies will focus on perfecting Decree 58 on guidingthe implementation of a number of articles of the Law on Securities,which is expected to help attract foreign investment and promote themarket’s growth, he noted.
Additionally, the building of thederivatives market, which is proactively deployed in 2014, will also bestepped up, Bang stressed, adding that HNX has built a technical systemfor the tool’s operation in 2016, with a hope of luring more capital.
Bangvoiced that the upgrade of market and the restructuring ofsecurities-trading organisations will be also fostered in the year so asto attract foreign capital inflows.
According to the Chairman, thecountry’s securities market reaped great successes in 2014, mobilisingnearly 250 trillion VND (11.75 billion USD). Auctions were alsointensified, collecting nearly 13 trillion VND, 4 times higher than thatof 2013.
The capitalisation rate increased 19 percent, whilethe transaction size doubled 2013’s. The bond market also grew robustly,averaging 23 to 25 percent.
The same day, HNX introduced the Bond-Index and announced that it officially changed the HNX-Index calculation method.-VNA
