Removing margin issues helps the stock market approach international standards

On September 5, the Ministry of Finance said that regarding the upgrading of Vietnam's stock market, the rating organization FTSE Russell highly appreciated Vietnam's reforms, especially after the circulars removed the pre-deposit mechanism, helping the market approach international standards. In addition, the organizations also appreciated Vietnam's implementation of the KRX information technology system (the information technology system for managing and operating transactions on the Vietnamese stock market), issuing new circulars on registration, depository, clearing and settlement, and the legal corridor ready for new trading mechanisms. It is expected that the annual market classification results of FTSE Russell will be announced on October 7, 2025. The Ministry of Finance said that it is still actively implementing further solutions to help foreign investment organizations have a positive experience and assessment when participating in the Vietnamese stock market, contributing to upgrading the stock market.

Specifically, the Ministry focuses on completing the legal framework and policies to meet the upgrading criteria; adding regulations requiring public companies to complete the notification of foreign ownership ratio to ensure transparency of information on foreign ownership ratio at public companies.

The Ministry of Finance is also coordinating with ministries and branches to amend and supplement the Investment Law and guiding documents to increase the foreign ownership ratio in industries not related to security and defense, thereby increasing the maximum foreign ownership ratio in public companies.

In addition, closely coordinate with the State Bank in amending and supplementing Circular No. 17/2024/TT-NHNN regulating the opening and use of payment accounts at payment service providers to further facilitate foreign investors to participate in investing in the stock market.

Among them are many new regulations such as allowing foreign investors to authorize financial institutions to open, close and use payment accounts, not requiring consular legalization for foreign investors' payment account opening documents, not requiring biometrics for foreign investors when opening accounts electronically and when making withdrawals, minimizing requirements for documents and signatures...

PV (synthesis)

Source: https://baohaiphong.vn/go-vuong-ky-quy-giup-thi-truong-chung-khoan-tiem-can-chuan-quoc-te-520149.html