Foreign investors acquired more than 40.5 trillion VND (1.74 billion USD) worth of Vietnamese equities in net value in the first six months of the year, according to the State Securities Commission of Vietnam (SSC).
Positive changes in the stock market in the first two months this year have helped capitalization top VND3,970 trillion (US$174.34 billion), up 13 percent over last yearend and equivalent to 79.3 percent Gross Domestic Product (GDP), reported by State Securities Commission of Vietnam (SSC).
The State Securities Commission of Vietnam (SSC) fined Nguyen Thi Nhu Quynh, sister of Nguyen Huu Kinh Luan, member of Supervisory Board of SMC Investment Trading Joint Stock Company (SMC) VND40 million for illicitly selling 43,480 shares of SMC. This month, SSC has fined six cases with total penalty of VND850 million.
Efforts to improve competitiveness, diversify the range of products and reduce trading fees of the stock market have seen the State Securities Commission of Vietnam (SSC) set up three options of restructuring the market.