The State Securities Commission under the Ministry of Finance held a symposium “Enhancing market resilience: Inter-regional Regulatory Approaches” in Quang Nam Province on Friday.

Minister of Finance Nguyen Van Thang delivered his opening speech at the event. Photo: MAI QUE

The event was part of the Asia-Pacific Regional Subcommittee (APRC) of the International Organization of Securities Commissions (IOSCO) in 2025, taking place from February 19 - 21 in Quang Nam Province and Da Nang.

Delivering his opening speech at the event, Minister of Finance Nguyen Van Thang said that Viet Nam achieved many positive results in economic development in 2024. In particular, the country’s GDP reached US$ 476.3 billion with its growth rate exceeding 7%, ranking 33^rd in the world with an average income per capita of US$ 4,700. Therefore, the confidence of businesses and investors was increasing. Based on the results of 2024, the Vietnamese government identified 2025 as the year to break through to the finish line, creating a premise for the next period.

The Government set a target of GDP growth in 2025 of at least 8%. In addition to driving forces such as consumption, export, and investment, resource mobilisation is also extremely important but must ensure sustainability.

In recent years, the stock market in particular has continued to recover and become increasingly transparent, stable, and smooth. The stock market has played the role of a flexible and attractive investment channel for domestic and foreign investors.

At the same time, it is an important medium- and long-term capital mobilization channel for businesses to promote production and business activities, as well as create jobs and livelihoods for people.

The developments in scale and quality of the Vietnamese stock market have attracted much attention from domestic and international investors.

The Securities & Futures Commission of Hong Kong (China) and the Viet Nam State Securities Commission signed a multilateral memorandum of understanding on supervision by APRC and IOSCO under the witness of leaders of the Ministry of Finance and representatives of the International Organization of Securities Commissions (IOSCO). Photo: MAI QUE

In 2025, the stock industry will continue to make more efforts to reform infrastructure, improve service quality, attract international investors, and appeal for medium and long-term capital for the State budget, for businesses and for the economy. This helps create a transparent, safe and attractive investment environment so that the Vietnamese stock market becomes a reliable destination for domestic and foreign investors.

The purpose of the symposium was to assess the situation of Viet Nam's stock market, and propose strategic directions and key market development priorities in 2025.

At the same time, it created a space to share experiences and lessons in stock market management and operation, and discuss current global hot issues, such as challenges in digital asset management, virtual assets and sustainable finance and ESG (Environmental, social, and governance) standards.

On the occasion, the Securities and Futures Commission (SFC) of Hong Kong (China) and the Viet Nam State Securities Commission signed a multilateral memorandum of understanding on supervision by APRC and IOSCO.

The memorandum of understanding aimed to strengthen cooperation in stock market supervision between the State Securities Commission and market regulators of member countries of APRC in particular and IOSCO in general.

Reporting by MAI QUE - Translating by M.DUNG