Securities market offers important capital source for Vietnam

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

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.