Vietnam Securities Reforms Aim to Attract More Foreign Capital

Vietnam’s securities regulator is preparing a new round of Vietnam securities reforms designed to improve market accessibility and attract additional foreign investment as the country pursues a long-term effort to upgrade its stock market status.

State Securities Commission Chairwoman Vu Thi Chan Phuong said Vietnam’s stock market capitalisation had reached approximately USD410bn by mid-May, while average daily trading value on the Ho Chi Minh Stock Exchange stood at around USD1.2bn.

Recent Vietnam securities reforms include a non-prefunding mechanism for foreign institutional investors, streamlined account-opening procedures and the launch of a new stock-market IT platform in May 2025.

Authorities are also preparing amendments to the Securities Law, reviewing foreign ownership limits and developing a central counterparty clearing mechanism expected to launch in early 2027.

The reforms are intended to strengthen investor confidence, improve market efficiency and support Vietnam’s ambition to attract greater international capital flows.