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Vietnam's deputy finance minister calls for stronger stock market policies



Vietnam's Deputy Minister of Finance Nguyen Durc Chi highlighted the need for a stronger legal framework and policies to ensure the stock market's long-term development. He emphasized addressing market obstacles, enhancing transaction systems, and ensuring investor rights through prompt violation detection. Chi called for a collective effort to upgrade Vietnam from a frontier to an emerging market, stressing transparent communication and vigilance in an unpredictable economy. The HoSE's acting chairwoman, Nguyen Thi Viet Ha, noted a 12% increase in the VN-Index and a 9% rise in market capitalization in 2023. Plans include implementing a new trading system, improving product quality, and boosting IT application in market management.

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