Within the framework of the official visit to Singapore by General Secretary and President To Lam and his wife, along with the high-level Vietnamese delegation, on the afternoon of June 2, 2026, in Singapore, the State Securities Commission (SSC) organized a seminar on the topic "Capital Market Development Policies of Vietnam".
Speaking at the opening of the seminar, Chairman of the SSC Vu Thi Chan Phuong said that in the past time, especially in 2025 and the first months of 2026, the Vietnamese economy continued to maintain stability, inflation was controlled and growth achieved many positive results. This is an important foundation to create conditions for the Vietnamese stock market to recover and develop.
According to the Chairman of the SSC, as of mid-May 2026, the capitalization scale of the Vietnamese stock market reached about 410 billion USD; the average trading value on the Ho Chi Minh City Stock Exchange reached about 1.2 billion USD/session. The market recorded many initial public offerings (IPOs) associated with listing, and at the same time increasingly attracted the attention of foreign-invested enterprises to learn about and prepare to list on the Vietnamese stock market.
The Chairman of the SSC emphasized that, along with the development of the market, Vietnam has implemented many important reform solutions to improve market access for foreign investors. Among them, the most prominent is the application of a mechanism of trading without deposit requirements before placing orders for foreign institutional investors, strongly reforming administrative procedures in opening indirect investment accounts and securities trading accounts, creating more favorable conditions for international capital flows to participate in the market.
In addition, the new information technology system of the stock market has been put into operation since May 2025, contributing to improving operating capacity and meeting market development requirements. Quality of corporate governance, information transparency, development of intermediary organizations and diversification of investment products are also continuing to be focused on. Many important projects such as the Stock Market Upgrade Project, the Fund Industry Development Project and the Project on Disseminating Knowledge and Training Investors are being implemented synchronously and effectively.
Sharing about the orientation for the coming time, the Chairman of the SSC said that the management agency will continue to improve the legal framework, improve market openness according to international practices, develop modern financial products and services, and promote the development of institutional investors and improve the quality of individual investors. The SSC will also continue to maintain a regular dialogue mechanism with the international investor community through consulting groups, thereby promptly removing arising difficulties and obstacles.
In particular, in the short term, the SSC focuses on implementing key tasks such as building and putting the central offsetting partner (CCP) mechanism into operation expected in the first quarter of 2027; proposing amendments to the Securities Law and guiding documents to continue improving the investment environment, researching solutions related to foreign ownership limits and strengthening market supervision capacity, contributing to improving transparency, operational efficiency and meeting development requirements in the new period.
The discussion session took place sôi nổi with many exchanged opinions from investors, financial institutions and international market members, focusing on the long-term development prospects of the Vietnamese capital market.
Delegates highly appreciated the determination to reform of the Government and management agencies in developing the capital market to become the main medium and long-term capital channel for the economy, and at the same time acknowledged the reform efforts to improve transparency, operational efficiency and accessibility of foreign investors. Many opinions expressed interest in the market upgrade roadmap, the implementation of new mechanisms such as CCPs, total trading accounts as well as solutions to develop the corporate bond market, risk hedging tools and expand the scale of the foreign exchange market.
Investors also assess that Vietnam is possessing many advantages to attract long-term capital flows thanks to its positive economic growth foundation, increasingly important position in the global supply chain and determination to promote structural reforms to build a modern, transparent and internationally integrated capital market.
