Securities market offers important capital source for Vietnam

Tuesday, January 03, 2017 - 19:01:23

(VOVworld)-Finance Minister Dinh Tien Dung has called the securities market an important capital channel for Vietnam’s economy.

securities market offers important capital source for vietnam hinh 0
Finance Minister Dinh Tien Dung attends the first session  of Vietnam's stock market in 2017
(Photo: dantri.vn)

 
Attending the first securities transaction session of 2017 in Hanoi on Tuesday, Minister Dung said that the stock market has provided 25% of the capital to the economy over the past 20 years while market capitalization in 2016 was equivalent to 74% of GDP, up 35% against 2015. He predicted that the securities market will improve significantly due to Vietnam’s incentive policies.