Capitalize on the stock market for Vietnam's economic development in the present period

Abstract

Vietnam is one of the largest capital-intensive countries with investment capital reaching the highest level in 2007 at nearly 43% of GDP. However, capital mobilized through credit institutions remains the most important source of growth, with total lending increasing from 35% of GDP in 2000 to over 115% in 2012. Meanwhile, Moving through the stock market (including stocks and bonds) is much smaller. This suggests that there is a need for specific assessments in order to propose effective solutions to open up capital in the stock market, making this market a medium- and long-term provider of capital for Vietnam's economic development.