Promoting foreign-invested enterprises to participate in the Vietnamese stock market

Vice Chairman of the State Securities Commission Hoang Van Thu speaks. (Photo: Bao Thu)

The conference was held to introduce legal regulations on issuance, listing, and registration of securities trading, in order to create the best conditions for foreign-invested enterprises (FDI) to participate in the Vietnamese stock market.

Chairwoman of the State Securities Commission Vu Thi Chan Phuong attended and chaired the Conference. Also attending the Conference were Vice Chairwoman of the State Securities Commission Hoang Van Thu; Ms. Bui Thu Thuy, Deputy Director of the Foreign Investment Department, the Department for Private Enterprise and Collective Economy Development, the Vietnam Stock Exchange, the Hanoi Stock Exchange, the Ho Chi Minh City Stock Exchange, the Vietnam Securities Depository and Clearing Corporation and representatives of foreign direct investment enterprises and securities companies.

Speaking at the opening of the Conference, Chairwoman of the State Securities Commission Vu Thi Chan Phuong emphasized that 2025 marks the 25-year journey of formation and development of the Vietnamese stock market. Although not a long time compared to many markets in the region and the world , this is a journey marking the efforts and determination of the Party, the State, market members and the listed business community in building and developing an increasingly complete and synchronous market.

Overview of the Conference. (Photo: Bao Thu)

According to the Chairman of the State Securities Commission, 2025 is of special significance as the new information technology system will be put into operation, creating an important step in modernizing the trading infrastructure. At the same time, on October 8, 2025, FTSE Russell officially announced the upgrading of the Vietnamese stock market from frontier to secondary emerging market.

This result demonstrates the great efforts of the management agency in perfecting mechanisms and policies; improving the capacity of trading and clearing infrastructure; enhancing the service quality of securities companies and market members, as well as the initiative and transparency of listed enterprises in information disclosure and corporate governance.

The Chairman of the State Securities Commission affirmed that, in the context of the market entering a new development phase, the requirement is to continue to develop in depth, diversify listed goods and comply with higher international standards. In particular, the participation of foreign-invested enterprises is extremely important, contributing to the enrichment of goods, increasing the attractiveness to international investors and demonstrating Vietnam's determination to integrate.

“We expect to welcome more large-scale, effectively operating FDI enterprises, thereby improving the quality of goods and expanding options for investors, while contributing to restructuring the proportion of listed enterprises by industry group,” Ms. Vu Thi Chan Phuong emphasized.

Chairwoman Vu Thi Chan Phuong speaks at the Conference. (Photo: Bao Thu)

The head of the State Securities Commission said that recently, the State Securities Commission has actively consulted with ministries and branches; reported to the Government and the Ministry of Finance to remove obstacles and promote the listing of FDI enterprises in Vietnam.

“The Commission is committed to continuing to accompany businesses in the process of accessing and participating in the Vietnamese capital market; firmly pursuing the goal of building a safe-transparent-efficient-sustainable stock market, meeting the requirements of an emerging market,” affirmed the Chairman of the State Securities Commission.

At the Conference, representatives of the State Securities Commission disseminated many important contents related to the publicization and listing/registration of FDI enterprises; initial public offering combined with listing registration; public company registration process and cancellation of public company status. Representatives of the Ho Chi Minh City Stock Exchange and the Hanoi Stock Exchange also presented regulations on listing shares on HOSE and registering shares for trading on the UPCoM system.

The discussion session, chaired by Vice Chairman of the State Securities Commission Hoang Van Thu, was lively. Representatives of FDI enterprises discussed and raised questions about many issues of interest related to listing and registration for trading on the stock market, such as: the requirement to convert to a joint stock company model before submitting IPO documents; reducing the foreign ownership ratio to below 100%; the possibility of issuing other types of securities such as bonds to the public; regulations on audit reports of contributed charter capital; or whether IPO and listing documents must be accompanied by a valuation report from a licensed appraisal unit.

In his closing speech at the Conference, Vice Chairman of the State Securities Commission Hoang Van Thu highly appreciated the full participation of the delegates and their frank and constructive comments. This demonstrated the deep interest of the FDI business community in the potential and development opportunities of the Vietnamese stock market.

The Vice President expressed his belief that the active support of FDI enterprises will contribute significantly to the sustainable development of the market, expand opportunities for investors, and continue to affirm that Vietnam is a safe, attractive and potential investment destination.

The conference ended in an open and cooperative spirit, creating more motivation to promote the participation of FDI enterprises in the Vietnamese stock market in the coming time.

BAO TRAN

Source: https://nhandan.vn/thuc-day-doanh-nghiep-co-von-dau-tu-nuoc-ngoai-tham-gia-vao-thi-truong-chung-khoan-viet-nam-post929078.html