Speed up the upgrade of Vietnam's stock market from a frontier market to an emerging market
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.
Article table of contents
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.
19 lượt xem
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