Vietnam Seeks to Attract Investment with London Roadshow

During a working session in london, United Kingdom, Minister Nguyen Van Thang provided updates on Vietnam’s economic and stock market development. He shared this facts with Julia Hoggett, General Director of the London Stock Exchange (LSE).

Minister Thang announced that Vu Thi chan Phuong, President of the State Securities Commission, will meet directly with FTSE Russell to discuss improvements to the Vietnamese stock market.

The ministry of Finance will host an investment promotion conference in London on September 16th to provide London financial market investors with comprehensive information about Vietnam’s financial market.

Minister Nguyen Van Thang met with representatives from the London Stock Exchange and FTSE Russell.

the minister reported that, as of the end of August, the total stock market capitalization reached approximately $352 billion, representing 79.5% of Vietnam’s estimated 2024 GDP. Market liquidity has increased substantially, with some trading sessions exceeding $3 billion in value. year-to-date, the average transaction value per session has surpassed $1.1 billion, placing Vietnam among the most active stock markets in the ASEAN region.

Regarding stock market modernization, Minister Thang stated that the vietnamese government is prioritizing solutions to meet FTSE Russell’s modernization criteria. “We have implemented reforms and made decisive changes through the simultaneous issuance of numerous mechanisms and policies with immediate effect to create the most favorable conditions for foreign capital to participate in the Vietnamese stock market,” the minister said.

The discussions reflect a commitment to cooperation and lasting development.