Vietnam tackles obstacles to stock market upgrade as its aim elevate its status from "frontier" to "emerging"


Image from Vietnam News/ANN

HANOI (Vietnam News/ANN): Vietnam's ambition to elevate its stock market from "frontier" to "emerging" status by 2025 faces two key hurdles, including pre-trade margin requirements for foreign investors and foreign ownership ratios in certain sectors, said Deputy Director of the Securities Market Development Department under the State Securities Commission (SSC) Pham Thi Thuy Linh.

Despite successfully meeting seven out of the nine established criteria for the upgrade, the two other requirements remain considerable roadblocks.

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Vietnam , Aiming High , stock market , elevate , status

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