Since Việt Nam lags behind other countries in developing the derivatives market, we can learn from their experiences, as stated in the derivatives market development plan approved by the Prime Minister via Decision 366/2014/QD-TTg dated March 11, 2014. The valuation of the stock market has reached 53 per cent of the country’s GDP, the highest since the stock market started operating in 2000. The derivatives market is being developed based on stable demand in the market. The derivatives market, as a new component of Việt Nam’s securities market, will help provide add-ons and complete the structure of the financial market in general and the securities market in particular. In addition, the derivatives market is also a solution to speed up the restructuring of the securities market.

Source: Viet Nam News July 13, 2017 01:06 UTC