Transparency crucial to upgrading stock market

Thriving capital: A file picture showing the central business district of Hanoi. An estimated US$7.2bil of indirect foreign capital is expected to flow into the Vietnamese market, according to a World Bank report. — AP

HANOI: The goal of upgrading the stock market by 2025 requires the concerted efforts of ministries and market members.

In the frontier market basket of FTSE Russell, Vietnamese stocks account for 34% of market capitalisation, according to data updated on Aug 31.