Stock trading market need most is transparency

The stock trading market should be developed with the importance of the Canal which it is mainstream, instead of being overwhelmed by the currency markets today. This has important implications for economic growth in the medium and long term, Vietnam as well as contributing to improving the quality of growth by capital flows on stock market is smart capital line.


This is a review of trading shares online in all the speakers at representing many different subjects in the economy at the workshop on the role of the stock market in the economy, by HCM city stock exchange. HCM held in Ho Chi MInh city last week-one of the activities towards the 15-year anniversary of the stock market of  Vietnam.

The stock trading experts participated in the seminar analyzed the reasons why the stock market is not yet commensurate with the development of Vietnam's economy. According to Mr. Nguyen Duy hung, Chairman of the NHA BE Saigon securities (SSI), we still stock market concept is where money, rather than the place of money. Besides, the real interest rate is positive, the fixed plus the taxable profits from capital investment but not taxing savings makes the flow of capital into the Bank is not reasonable.

Confirmed the stock market need most is transparency, Mr. Tran travel, Deputy Head of the delegation of the National Assembly for that: "When would the stock market have yet to create a fair playing field, it is not yet possible-capital into the market. To overcome the weaknesses of the current stock market is yet to develop strong investment funds, pension funds, to create online trading accounts with the investment professional. The stock market need to sincerely solicit both individual investors and institutions, taking investors organized as the basis to develop the depth ".

Increase the scale of the stock market is not a matter of dispute. The issue related to forex trading platform of privatization of State enterprises to create more commodities for investors are also very important. Nguyen Trong Dung, Deputy Head of the Steering Committee on innovation and business development, said the need to abandon the goal of State Enterprise equitization is payback, sale prices high, which must determine that is transforming ownership and business management innovation.

The problem is that the enterprises privatization but not listing also working. Although the decision 51/2014/QĐ-TTg of the Prime Minister Government regulations is cheap online trading for enterprises after privatization success are listed within 12 months, but many businesses are not complied with, because the fine only 100-150 million, should be greasy businesses.

Mr. Tran Dac Sinh, Chairman of the Ho Chi Minh city stock trading center. Note terms, the reasons for restricting the development of the stock market is seen then can fix, but most are not the correct perspective on the role of the stock trading market in the economy. Therefore, to the stock market development, first, need high unity of awareness on the important role of the stock market, especially for Vietnam's economy.