Speed up the upgrade of Vietnam's stock market from a frontier market to an emerging market

Nguyen Nhu Mai

10:34, 12/07/2022

On July 11, 2022, the Government of Vietnam issued Resolution 86/NQ-CP on the development of a safe, transparent, efficient, and sustainable capital market. In particular, the requirement to speed up the upgrade of Vietnam's stock market from a frontier market to an emerging market.

Specifically, Resolution 86/NQ-CP sets out the tasks and solutions to develop the stock market in Vietnam as follows:

- Timely detect and strictly handle violations of the stock market in order to make the market healthy;

- Strengthening sanctions to strictly penalize law violations on the stock market to protect investors and restore market confidence;

- Strictly and promptly handle the situation of manipulation and price manipulation, ensuring healthy, transparent, and sustainable development.

- Ensure the safe and smooth operation of the transaction system in Vietnam; invest in technological innovation and application of digital technology;

- Urgently implement necessary measures to upgrade Vietnam's stock market from a frontier market to an emerging market to attract investment capital, especially foreign investment.

See details in Resolution 86/NQ-CP dated July 11, 2022, Vietnam.

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