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$920Mln FDI Enters Vietnam Stock Market in Jan-Nov: SSC
The State Securities Commission (SSC) said as many as &920 million of foreign direct investments net flowed into the Vietnam stock market in the first 11 months of this year, the flows were stronger in the last 6 months with a peak of $150 a month.
Of the total, $600 million entered listed stocks and $300 million in forms of deposits, the rest came to OTC stocks and bonds.
As of the end of November, Vietnam’s foreign indirect investment (FII) is estimated at $6.5 billion excluding $1 billion government bonds issued early this year.
The SSC’s proposal of FII management has been completed and proposed to the government for approval, the local newswire Dau Tu Chung Khoan reported.
SSC intended to attract foreign investments in two main ways: improving local stock market through mulling raising foreign room in accordance with Investment Law and WTO commitment; issuing legal framework for derivatives products.
Participations read: 2909  -  Update last: 21/10/16 09:46:21
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