Vietnam Seeks More IPOs, Share Sales to Boost Its Stock Market
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Vietnam will encourage more initial public offerings and shares sales to boost its stock market, including allowing foreign-owned businesses to list, according to a government website post.
The Ministry of Planning and Investment has asked the finance ministry and Stock Securities Commission to work on steps to facilitate the trading of foreign companies on the stock exchange under certain conditions, Deputy Minister Nguyen Thi Bich Ngoc was quoted as saying at a Hanoi conference Wednesday.