Securities Market
Abstract
The terms “securities market” in Viet Nam is quite strange to the public while in many countries in the world, it have been developing dynamically. The securities market has its own attraction because of its important role to a national economy and interest for investors. Investing and growing securities market is one of the best ways to enrich our economy and create many opportunities for us. It can be only flourished if there are lots of investors with enough knowledge about securities. This report will provide some information about securities market in Viet Nam, make clear kinds of securities and introduce some major participants in Viet Nam capital market. Realizing the importance of securities market, we should spend more time learning about this market to make intelligence investing decision in securities, which can make our national economy more and more strong.
I.Overview about Vietnam securities market
Security is a fungible, negotiable instrument representing financial value. There are three main categories in s security: equity securities; debt securities such as banknotes, bonds and debentures; and derivative contracts, such as forwards, futures, options and swaps. (The International Business Times http://www.ibtimes.com/business-law/detail/667/securities-law/)
The Vietnamese stock market, formally known as the Securities Trading Centre (STC), located in Ho Chi Minh City, was launched on July 28th 2000. At the opening trading session, only two individual stocks with a total market capitalization of VND 444,000 million (about USD 27.95 million) were traded on the market. Over five years of operation (at the end of 2005), the number of listed companies have increased to 32 with a total market capitalization of VND 6,337,478 million (USD 398.96 million). Although the market has significantly grown over the period, it is still rather thin.
In 2011, the Vietnam’s stock market has experienced a lot of shock because the index constantly fell
The terms “securities market” in Viet Nam is quite strange to the public while in many countries in the world, it have been developing dynamically. The securities market has its own attraction because of its important role to a national economy and interest for investors. Investing and growing securities market is one of the best ways to enrich our economy and create many opportunities for us. It can be only flourished if there are lots of investors with enough knowledge about securities. This report will provide some information about securities market in Viet Nam, make clear kinds of securities and introduce some major participants in Viet Nam capital market. Realizing the importance of securities market, we should spend more time learning about this market to make intelligence investing decision in securities, which can make our national economy more and more strong.
I.Overview about Vietnam securities market
Security is a fungible, negotiable instrument representing financial value. There are three main categories in s security: equity securities; debt securities such as banknotes, bonds and debentures; and derivative contracts, such as forwards, futures, options and swaps. (The International Business Times http://www.ibtimes.com/business-law/detail/667/securities-law/)
The Vietnamese stock market, formally known as the Securities Trading Centre (STC), located in Ho Chi Minh City, was launched on July 28th 2000. At the opening trading session, only two individual stocks with a total market capitalization of VND 444,000 million (about USD 27.95 million) were traded on the market. Over five years of operation (at the end of 2005), the number of listed companies have increased to 32 with a total market capitalization of VND 6,337,478 million (USD 398.96 million). Although the market has significantly grown over the period, it is still rather thin.
In 2011, the Vietnam’s stock market has experienced a lot of shock because the index constantly fell