Despite an announcement last year by the country's Ministry of Finance that Vietnam’s two stock exchanges – one in Hanoi and one in Ho Chi Minh City – would merge by the end of 2015, they have yet to do so. Any merger has the potential not only to attract more foreign investors, but also to increase transparency.
So the recent agreement between them to create a common index, expected to be launched by the end of 2016, can only be considered a good sign and that things might actually starting to move. It will be interesting to see, though, just now long the whole process takes.
Ho Chi Minh Stock Exchange – Listed Value (VND bn)
Source: Ho Chi Minh Stock Exchange
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