The conference was organized with the aim of guiding policy and developing the fund industry towards innovation and integration, effectively fulfilling its role in connecting capital sources and attracting foreign indirect investment.
In his opening remarks at the conference, Minister of Finance Nguyen Van Thang stated that the management of securities investment funds in Vietnam has achieved certain results, gradually contributing to the sustainable development of the stock market. To date, the market has 43 fund management companies, managing assets worth over 800 trillion VND, more than seven times the amount in 2014, with an average growth rate of approximately 20% per year.
The Minister further shared that on October 8th, FTSE Russell officially announced the upgrade of the Vietnamese stock market from a frontier market to a secondary emerging market. This upgrade has contributed to raising Vietnam's position on the world map, affirming the correct development path and Vietnam's increasingly deep integration into the international financial system.
An upgraded market will open up opportunities to attract foreign indirect investment, supplementing resources for economic development. This is also an opportunity for qualitative changes in the stock market, including changes in the investor base structure, an increase in the proportion of institutional investors, and the promotion of a more professional, growing, and sustainable investment fund industry.
“In the context of a recovering global economy and a stable and growing domestic economy, the investment fund industry is facing many opportunities for development, innovation, and integration. Promoting professionalism, transparency, and efficiency in investment activities is not only an inevitable trend but also a key factor for the investment fund industry to increasingly assert its role in connecting capital sources and developing a sustainable securities market, attracting more indirect investment capital into Vietnam, and serving the country's economic development in the new era,” the Minister of Finance emphasized.
Speaking at the Conference, Vice Chairman of the State Securities Commission Bui Hoang Hai introduced some key contents of the Project on Restructuring Investors and Developing the Securities Investment Fund Industry (the Project); and policy orientations for the coming period. The Ministry of Finance has issued the Project to implement the resolutions of the Party and the National Assembly on the development of the securities market and the Securities Market Development Strategy until 2030 approved by the Prime Minister.
At the conference, delegates from VinaCapital Fund Management Company, Kim Vietnam Fund Management Company, Phu Hung Fund Management Joint Stock Company, Eastspring Fund Management Company, HSBC Bank, and SSI Fund Management Company Limited presented numerous papers on the opportunities and challenges of the fund industry in Vietnam in the period after the market upgrade, proposed solutions for the sustainable development of the fund industry, shared insights on the Korean ETF market, and offered suggestions for the Vietnamese market.
The discussion session, chaired by the Vice Chairman of the State Securities Commission, Bui Hoang Hai, and attended by delegates from fund management companies and HSBC bank, involved in-depth discussions on the development of the securities investment fund industry, attracting indirect investment capital, and tax policies for fund operations.
In his concluding remarks at the conference, Minister of Finance Nguyen Van Thang assessed that the opinions of the speakers and delegates affirmed the necessity of developing the securities investment fund industry, restructuring the investor base, and encouraging the participation of investors in the securities market through various types of funds to attract domestic and foreign capital, in addition to attracting indirect investment capital which has proven effective in recent times.
Looking ahead, the Minister requested the State Securities Commission to focus on implementing the following groups of solutions:
Firstly , implement synchronized solutions to develop the capital market both in breadth and depth; resolutely implement the content of Prime Minister's Directive No. 192/CĐ-TTg dated October 8, 2025, on the upgrading of the Vietnamese stock market.
Secondly , we must continue to improve the legal regulations guiding the operation of securities investment funds and voluntary pension funds, creating optimal conditions for their operation in order to establish a transparent investment and business environment and promote the role of private investment.
Thirdly , continue to coordinate with relevant ministries and agencies to research and implement a diversification of risk mitigation products for foreign investors.
Fourth , strengthen the capacity for management, supervision, inspection, and handling of violations related to securities and the securities market; tighten market discipline and order, and strictly handle violations to ensure the securities market develops transparently and sustainably.
Fifth, continue to train, educate, and disseminate knowledge about securities investment funds to non-professional individual investors.
The Minister also emphasized that the development of the fund industry in particular, and the stock market in general, requires the participation and collaboration of fund management companies and market participants. Therefore, the Minister urged fund management companies and market participants to actively and proactively contribute to the development of policies and legal documents to promote the development of a transparent and modern fund industry and stock market in accordance with international standards; to continue improving their capabilities and fulfilling their role as professional asset managers, ensuring the sustainable development of the fund industry; and to build and develop common ethical standards for the industry, fostering investor confidence when investing through funds.
“I am confident that with the efforts of all parties, we will achieve the growth targets for this year and the coming period; the Vietnamese capital market and the securities investment fund system will continue to develop and operate effectively; and foreign indirect investment will continue to grow,” the Minister affirmed.
Source: https://daibieunhandan.vn/nganh-quy-trong-tien-trinh-phat-trien-thi-truong-chung-khoan-va-thu-hut-dong-von-dau-tu-gian-tiep-vao-viet-nam-10390777.html
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