Market cap accounts for 72 percent of GDP in 2018

Market cap accounts for 72 percent of GDP in 2018

Stock market capitalization reached VND3,900 trillion (US$167.75 billion) by December 28 last year, up 12.7 percent compared to the end of 2017, or 72 percent of gross domestic product, according to the Ministry of Finance.
Stock market capitalization equivalent to 79.3 percent GDP

Stock market capitalization equivalent to 79.3 percent GDP

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).