The investment promotion conference "My Vietnam - Your Investment Destination" attracted more than 250 delegates from leading enterprises of Singapore and Vietnam. They are financial institutions, banks, investment funds, securities companies and enterprises of both countries.

Speaking at the opening of the conference, Minister of Finance Ho Duc Phoc said that Vietnam and Singapore still have a lot of room for development, especially in the fields of financial markets, capital markets, and securities. The Ministry of Finance coordinated with partners to organize this conference with the hope of providing more investment opportunities, creating a channel for substantive dialogue to help businesses and investors better understand the policies, orientations, and potentials of the Vietnamese economy in general and the financial markets in particular.

The Minister of Finance shared that under the attention and direction of the Government, the Vietnamese stock market has developed increasingly effectively, with quality and sustainability, becoming an important medium- and long-term capital channel for the economy.

The Minister emphasized: “Despite initial successes, Vietnam is determined to continue developing a public, transparent, safe, effective, comprehensive, integrated and sustainable stock market, ensuring the legitimate rights and interests of participants. Currently, we are also making every effort to meet the criteria for upgrading the stock market and expect to be upgraded to an emerging market in the near future."

In particular, regarding the development of the green capital market, Minister Ho Duc Phoc also informed that this is one of the goals included in the Strategy for the development of the stock market until 2030 approved by the Prime Minister. This is also one of the important solutions to mobilize capital for green and sustainable growth.

The Minister affirmed that the Vietnamese Ministry of Finance is committed to accompanying and creating favorable opportunities for partners, businesses and investors to seek investment and cooperation opportunities that bring the highest efficiency. The Ministry of Finance welcomes businesses and investors from Singapore in particular and the region in general to increase new investments and expand the scale of investment in Vietnam, further promoting the effectiveness of cooperation and investment for mutual success and common prosperity.

Also at the conference, the State Securities Commission provided information to Singaporean investors on the overview of the current situation of the Vietnamese stock market, prospects, and goals and policies for market development in the coming time.

Minister of Finance Ho Duc Phoc also chaired the Policy Dialogue with the participation of Chairwoman of the State Securities Commission Vu Thi Chan Phuong and representatives of several units under the Ministry of Finance on the potential and investment opportunities in Vietnam. Many Singaporean investors expressed their interest in the macro prospects and investment opportunities in Vietnam, especially solutions to attract investment in the capital market, green finance as well as the work of upgrading the Vietnamese stock market from a frontier market to an emerging market.