Crunch-time approaching for Vietnam’s stock market status upgrade goal

The Investor is carrying an op-ed by Can Van Luc, chief economist at Hanoi-based BIDV bank, in which he points out that time is running out to make the reforms necessary to see the Ho Chi Minh City Stock Exchange (HoSE) upgrade to an ‘emerging market’ before 2025, the time frame set by the government. Among other reforms, the HoSE needs to remove pre-trading funds checks, make it easier for foreign investors to open trading accounts, as well as make sure all relevant legal documents and reporting are available in English.