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Capital market new driver of economic growth

by VTV426 October 2017 Last updated at 18:21 PM

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Capital market new driver of economic growth
VTV.vn - Stock and bond market capitalisation have reached over 100% of GDP.

This is the foundation for the stock market to contribute more to economic development. The statement was made at a conference titled Capital Market – A New Driver for Vietnam's Economic Growth. The event was held in Ho Chi Minh City on Wednesday with the participation of Deputy Prime Minister Truong Hoa Binh.

There was only one enterprise equitising 1 billion USD in the stock market in 2006. Since then, there have been 23 businesses equitised so far. This growth is expected to create an attractive capital market and contribute more to the economic development.