At the meeting, Minister Nguyen Van Thang highly appreciated the role of FTSE Russell in closely coordinating with management agencies and market members to promptly identify shortcomings in the operating mechanism, promote reforms, improve supervision efficiency and build a modern, transparent financial market approaching international standards. FTSE Russell's recommendations, assessments and technical support have been making important contributions to the capital market reform process in Vietnam.
Minister Nguyen Van Thang said that Vietnam is aiming for stable, sustainable and high-quality economic growth in the 2025 - 2030 period. In the first 6 months of 2025, GDP growth reached 7.52% over the same period last year, a positive result in the context of the world economy continuing to face many complex uncertainties and risks. The Government continues to be steadfast in its target of GDP growth of 8% or more in 2025; rapid growth but must go hand in hand with sustainability is the consistent orientation, aiming for double-digit growth in the next period.
To achieve these strategic goals, the Government has directed the Ministry of Finance to focus on promoting public investment disbursement for key infrastructure projects, creating a foundation for connectivity, improving productivity and promoting regional and sectoral development. In addition, implementing solutions to promote the development of the stock market to attract more domestic and foreign indirect investment capital to serve investment in key sectors.
Recently, the Ministry of Finance has directed the State Securities Commission to organize regular dialogues with stock market rating organizations and investors to update on the results of stock market reforms as well as listen to investors' recommendations when participating in the Vietnamese stock market.
The Minister affirmed: "A developed stock market is essentially the foundation for attracting long-term capital flows. Upgrading Vietnam's stock market from frontier to emerging is not a destination, but a natural result when Vietnam steadfastly pursues core development goals towards a fair, transparent and effective stock market development."
On behalf of FTSE Russell, Mr. Gerald Toledano, Head of Global Equities and Multi-Asset Products and Head of Global Tailored Solutions and Alternative Products, expressed his impression of the comprehensive reform efforts that Vietnam has been implementing to improve the quality of capital market operations. At the same time, he emphasized the strong development trend of voluntary pension insurance funds, in which many Asian countries are repositioning their long-term investment strategies.
The delegation representative emphasized that FTSE Russell is ready to support Vietnam in updating its capital market infrastructure to strongly attract international investment flows. The working trip is a solid foundation for FTSE Russell to continue accompanying Vietnam long-term until 2045 - the period when Vietnam aims to become a modern industrial country with a developed, transparent financial market and deep integration with the world.
Responding to the above proposals, Minister Nguyen Van Thang said that the Ministry of Finance is finalizing the Draft Decree amending Decree No. 155/2020/ND-CP, towards publicizing and making transparent the foreign ownership ratio and eliminating inappropriate regulations. At the same time, it is closely coordinating with the State Bank to simplify the process, shorten processing time and remove practical obstacles that are hindering foreign investors' investment activities.
Regarding the foreign exchange market, the Ministry of Finance continues to coordinate with the State Bank in researching and developing a legal framework that allows foreign investors to access exchange rate risk hedging products, in order to protect investment value in the context of volatile global markets. This is a practical and completely legitimate need, especially for institutional investors with long-term strategies in the Vietnamese market.
Regarding the central counterparty (CCP) mechanism, Vietnam has completed the technical infrastructure with the official operation of the KRX system from May 2025. On this basis, the Ministry of Finance has assigned the State Securities Commission to direct the Vietnam Securities Depository and Clearing Corporation to develop a roadmap for implementing the CCP, and soon put the CCP mechanism into operation from the beginning of 2027.
Minister Nguyen Van Thang welcomed FTSE Russell’s initiative to expand its indexes to suit the Vietnamese market. The Ministry of Finance is ready to facilitate extensive cooperation between the State Securities Commission, domestic financial market institutions, FTSE Russell and global financial institutions.
The Ministry of Finance also particularly encourages the development of high-quality indexes that meet the diverse needs of investors, while promoting training cooperation programs, knowledge and technology transfer to improve the capacity of financial and securities experts, contributing to building a modern, transparent and deeply integrated Vietnamese capital market with the world.
Source: https://doanhnghiepvn.vn/kinh-te/bo-truong-nguyen-van-thang-phat-trien-thi-truong-chung-khoan-cong-bang-minh-bach-va-hieu-qua/20250718093029105
![[Infographic] In 2025, 47 products will achieve national OCOP](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/7/16/5d672398b0744db3ab920e05db8e5b7d)
Comment (0)