Hyun DongSik, Chairman of KIM Vietnam Fund Management Co., says Vietnam's capital market has made significant progress over 30 years, with more complete infrastructure and a growing investor base, and that the next step is diversifying investment products to channel idle capital into the market. In 2006 the market had about 193 listed tickers with market capitalisation of around 220 trillion VND (about 13.8 billion USD); after 20 years, listings on HOSE and HNX exceeded 700 tickers and market capitalisation rose dozens of times. Vietnam now has about 13.7 million securities accounts, and domestic investors account for about 90% of trading value. Drawing on Korea's experience, he notes that after the KOSDAQ fell more than 80% from its March 2000 peak, regular fund investing through banks from 2004 helped equity fund assets grow about 13.6 times in three years. He stresses that an upgrade alone is not enough without suitable products and wide distribution channels.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chủ tịch KIM Việt Nam: Người Việt nắm giữ gần 500 tấn vàng "trong két", thị trường vốn cần hút dòng tiền này
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/26/2026 | 1,763.55 |
| Change that session | -0.60% |
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