HoSE to launch KRX-developed transaction system in early May
Brokerage firms are expected to prepare data for the transition to the new system.
Brokerage firms are expected to prepare data for the transition to the new system.
Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.
One of the key measures is to allow securities companies with sufficient capacity to provide services without requiring foreign investors to have 100% of the funds before placing purchase orders for securities.
Read the Hanoi Times for more updates about the country.
The local stock market's upgrade from the frontier to emerging status by 2025 remains critical to the country’s transformation into a high-middle-income country by 2035 and a high-income country by 2045.
This is expected to be a year of significant volatility, with a strong recovery possibly following deep correction.
The Ministry of Finance is expected to ease pre-transaction deposit requirements for foreign investors this year.
If the stock market is upgraded to emerging status, the potential influx of foreign capital could range between $5 and $8 billion.
Proactive and coordinated efforts among Government agencies are key to achieving the goal of upgrading Vietnam's stock market from the current frontier to emerging market status.
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