The net foreign investment in Việt Nam’s securities market was estimated to increase by 80 per cent, year-on-year, to US$1.45 billion in the first nine months of 2017.
Việt Nam’s derivatives market has finished its first month in operation with significant results and growing attention from investors.
Individual investors that participate in derivatives trading market have to pay a 0.1 per cent income tax for derivatives trading transactions.
According to Government Decree 94/2017/NĐ-CP, to come into effect on October 1 this year, 20 items will be traded solely by public entities with clear directions from the Prime Minister’s Office.
Indirect investment from Japan into Việt Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Đinh Tiến Dũng said.
Stock analysts remain cautious on the market outlook this week in the context of a deficiency in supporting information as well as the weakening participation of foreign traders.
Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.
Vietnamese shares extended losses for a fourth session on Friday as investors acted cautiously following the market’s recent downturn.
Deputy Prime Minister Vương Đình Huệ pressed the button to launch the derivatives market on Thursday, marking an important milestone in the development of Việt Nam’s securities market.
Vietnamese shares fell slightly on both local markets on Tuesday as investors tried to take profits from the exchanges’ three-day rallies.