Vietnam’s stock market on path to emerging status with securities law revisions - News Summed Up

Vietnam’s stock market on path to emerging status with securities law revisions


The revised Securities Law, which will replace the 2019 law, focuses on upgrading the stock market, improving capital mobilization efficiency, and clearly defining responsibilities for violations in the market. Photo: LT.On the morning of October 8, the State Securities Commission (SSC) organized a workshop to gather input on the proposed amendments to the Securities Law. Previously, the government submitted a proposal to the National Assembly to amend several laws, including the Securities Law, as part of the 2024 legislative agenda. Addressing practical obstacles to promote the development of the stock market with the goal of upgrading the market’s status. According to SSI Research, this is a step closer to meeting the criteria for Vietnam's stock market to be upgraded to emerging market status by FTSE Russell.


Source: VietNamNet News October 09, 2024 03:12 UTC



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