Vietnam will increase the management of its securities market, including intermediary institutions, foreign representative offices and over the counter (OTC) transactions this year.
This was stated by the Deputy Chairman of the State Securities Committee (SSC) Nguyen Doan Hung at a meeting to discuss developing the stock market in Hanoi on January 22.
The government will give the green light to new kinds of transactions such as marginal buying, T+ selling and others, to increase the markets liquidity, the official announced.
According to him, the SSC will develop the unlisted public companies (UPCOM) market by supplementing ways of matching orders and enabling flexibility in transactions. In addition, the bond market will also be developed further with more participation from commercial banks, which will become responsible for underwriting bonds.