Minister Nguyen Van Thang assigned 5 tasks to the funds.

(Dan Tri) - Compared to countries in the region such as Thailand and Malaysia, the ratio of managed assets value to GDP in Vietnam is still modest, only accounting for about 6%, so there is still much room for development.

On October 17, at the Ho Chi Minh City Stock Exchange (HoSE), the State Securities Commission (SSC) held a conference on "Fund industry in the process of developing the stock market and attracting indirect investment capital into Vietnam". The conference was chaired by Minister of Finance Nguyen Van Thang.

The fund industry actively contributes to the development of the stock market.

Speaking at the conference, Minister Nguyen Van Thang said that after nearly 40 years of innovation, Vietnam has achieved many great achievements in economic and social development with consistent policies in promoting socialization, diversifying resources for development investment, and effectively attracting domestic and international capital sources.

In 2025, despite being affected by the world economic situation and natural disasters causing serious consequences, we still maintain stability and development; GDP growth in the third quarter of 2025 is estimated at about 8.23%.

The total growth rate in the first 9 months is estimated at 7.85%; the GDP growth rate in 2025 is forecast to reach 8.1% to 8.5%. FDI attraction in the first 9 months reached 28.54 billion USD, an increase of 15.2%.

The Minister of Finance affirmed that in the overall macroeconomic picture with many bright spots, the Vietnamese stock market in recent times has made remarkable contributions to economic growth, gradually becoming an important medium- and long-term capital mobilization channel.

In the first 9 months of 2025, the total capital mobilized in the stock market reached about 394,300 billion VND. Since the beginning of the year, the average transaction value in the stock market has increased by nearly 39% compared to the average of the previous year; in the bond market, it has increased by 27.7%. The number of investor accounts as of the end of September reached more than 11 million accounts, an increase of 19% compared to the end of 2024, of which more than 18,800 accounts are of domestic institutional investors and nearly 48,000 accounts are of foreign investors.

In the development process of the stock market, the management of securities investment funds in Vietnam has achieved certain results, gradually contributing to the sustainable development of the stock market. Up to now, the market has 43 fund management companies, managing assets with a value of more than 800,000 billion VND, more than 7 times higher than in 2014, with an average growth rate of about 20%/year.

"However, compared to countries in the region, such as Thailand, Malaysia, etc., the ratio of managed assets value to GDP in Vietnam is still modest, accounting for more than 6% of GDP, so there is still a lot of room for development," said Minister Nguyen Van Thang.

Representatives of investment funds shared at the Conference (Photo: State Securities Commission).

Minister Nguyen Van Thang assigned 5 tasks to the funds.

In the coming time, the Minister proposed that the State Securities Commission focus on implementing the following groups of solutions:

Firstly, synchronously implement solutions to develop the capital market in both breadth and depth; resolutely implement the contents of Official Dispatch No. 192/CD-TTg dated October 8, 2025 of the Prime Minister on upgrading the Vietnamese stock market.

Second, continue to perfect legal regulations guiding the operations of securities investment funds and voluntary pension funds, creating maximum conditions during their operations to create a transparent investment and business environment, and promote the role of private investment.

Third, continue to coordinate with relevant ministries and branches to research and deploy diversified risk prevention products for foreign investors.

Fourth, strengthen the capacity to manage, supervise, inspect, examine and handle violations of securities and the securities market; tighten market discipline, strictly handle violations so that the securities market can develop transparently and sustainably.

Fifth, continue to train, propagate and disseminate knowledge to non-professional individual investors about securities investment funds.

“I believe that with the efforts of all parties, we will achieve the growth target for this year and the coming period; the Vietnamese capital market and the securities investment fund system will increasingly develop and operate effectively; foreign indirect investment capital flows will continue to grow,” the Minister affirmed.

Source: https://dantri.com.vn/kinh-doanh/bo-truong-nguyen-van-thang-giao-5-nhiem-vu-cho-cac-quy-20251017171325052.htm