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NAM What is stock market? The foundation of stock market in Vietnam -The establishment of the State Securities Commission (SSC) in 1995 and and two securities trading centres (HOSTC & HASTC) -Law of Securities in 2006 -The process of equitizing SOEs -The development of financial intermediaries -Foreign participation Recent Evolution of the Stock Market in Vietnam Recent Evolution of the Stock Market in Vietnam Recent Evolution of the Stock Market in Vietnam Other indicators: As of October 2014, nearly 700 stocks were listed on the stock market of Viet Nam with a total capitalisation of VND1,191 trillion (US$56.18 billion), which is equivalent to 33.23 per cent of the country's gross domestic product. The stock market of Viet Nam is one of the most profitable investment channel of the year, with a growth rate of 15 percent, according to Vietcombank Securities (VCBS). Recent Evolution of the Stock Market in Vietnam Vietnam Stock Market Capitalization Recent Evolution of the Stock Market in Vietnam Vietnam Stock Market Capitalization Major financial issues and recent policy responses Control speculative activities The development of the stock market in Viet Nam is very much dependent on the SOE reform process Restructuring the stock market together with developing new products