The strategy aims to develop a stable, safe, healthy, efficient, sustainable and integrated stock market which serves as an important capital mobilization channel.
Stock market capitalization would equal to 100 percent of GDP by 2025 and 120 percent by 2030 while outstanding bonds would represent at least 47 percent of GDP by 2025 and 58 percent by 2030.
The derivatives market is projected to grow by an average of 20-30 percent per year in the 2021-2030 period.
The number of stock traders would reach 9 million by 2025 and 11 million by 2030.
The proportion of Government bonds held by non-banking investors would rise to 55 percent by 2025 and 60 percent by 2030.
Viet Nam will apply environmental, social and governance (ESG) practices at Stock Exchanges and the Viet Nam Securities Depository and Clearing Corporation towards sustainable development following international practices.
Viet Nam's stock market will be upgraded from a frontier market to an emerging market by 2025 with a view to joining the group of four major stock markets in ASEAN by 2025.
The country's stock market capitalization totaled US$240 billion in 2023, equivalent to 56.4 percent of the country's GDP and there are now 7.2 million trading accounts./.VGP