Capital demand increases sharply in the new period
At the Workshop "Effectively mobilizing capital sources, serving the goal of double-digit growth" organized by Lao Dong Newspaper in coordination with the Ministry of Finance and the State Bank of Vietnam on March 12, 2026, Mr. Dinh Minh Tri - Director of Personal Customer Analysis, Mirae Asset Securities Joint Stock Company (Vietnam) - said that the economy is entering a new stage of development with increasing capital demand.
Accordingly, the goal of high growth in the coming years leads to the need to invest in production, expand business scale and develop infrastructure. This poses an urgent requirement for diversifying capital channels.
For many years, bank credit has still played a leading role in capital supply. However, according to Mr. Tri, this channel is under pressure from requirements on capital safety, risk management and credit growth limits.
Therefore, the stock market needs to gradually share its role with the banking system, especially in providing medium and long-term capital" - he emphasized.
A developed capital market not only helps businesses mobilize capital effectively but also contributes to improving transparency and efficiency in resource allocation in the economy.
According to analysis, the global financial market is being affected by many uncertain factors such as trade tensions, policy fluctuations and geopolitical risks, especially in the Middle East region.
These factors directly affect capital costs, supply chains and investment sentiment. In that context, the development of a deep capital market is considered an important "buffer" for the economy.
Opportunities from market upgrades
According to Mr. Dinh Minh Tri, a noteworthy point is the prospect of upgrading the Vietnamese stock market. If this process goes smoothly, foreign capital flows may increase significantly.
According to the World Bank's assessment, the upgrade will help attract more international institutional investors, thereby improving liquidity and raising the valuation level.
Mr. Tri believes that the participation of large investors not only helps stabilize the market but also creates favorable conditions for businesses to mobilize capital.
In the long term, the stock market is seen not only as an investment place but also as a strategic capital channel.
Developing the market in a transparent, stable and in-depth direction will play an important role in mobilizing resources for economic growth in the coming period' - Mr. Dinh Minh Tri assessed.
