Foreign experts discuss ways to help Vietnam upgrade stock market

Chairwoman of the State Securities Commission (SSC) Vu Thi Chan Phuong has held a working session with representatives from FTSE Russell and Morgan Stanley to discuss how to upgrade the Vietnamese stock market.
Foreign experts discuss ways to help Vietnam upgrade stock market ảnh 1At the working session (Photo: ssc.gov.vn)
Hanoi (VNA) – Chairwoman of the State Securities Commission (SSC) VuThi Chan Phuong has held a working session with representatives fromFTSE Russell and Morgan Stanley to discuss how to upgrade the Vietnamese stockmarket.

FTSE Russell is a subsidiary of the LondonStock Exchange Group that produces, maintains, licenses, and markets stock marketindices. Morgan Stanley is a multinational US investment bank andfinancial services company.

The FTSE Russell delegation includes DuWanming, Director of Index Policy for the Asia-Pacific, and Chris Williamson, headof Asia-Pacific, Index Investments Group. Morgan Stanley representatives areStella Jaeger, co-head of Institutional Equity, Southeast Asia; and Young Lee,Managing Director for Asia, among others.

At the April 11 meeting, Phuong provided the guestswith information about recent achievements of the Vietnamese stock market, aswell as the policies that the Government and Ministry of Finance have beenimplementing to promote the development of this market and create the mostfavourable conditions for foreign investors to participate in the domesticfinancial market.

Representatives from FTSE Russell and Morgan Stanley shared that major customers have given positive feedback and praised thedetermination and efforts of the Vietnamese Government, as well as the statemanagement agency in charge of securities and the stock market to achieve thegoal of upgrading the stock market from the frontier to emerging status.

Phuong said that the SSC is ready todiscuss with FTSE Russell and Morgan Stanley through both online and in-person to continue sharing more useful information for investors about theVietnamese stock market./.

VNA

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