Vietnam’s securities growth ranked 24th worldwide

Bloomberg, the breaking financial, business and economic news and Standard and Poor’s, the investment consultants have launched a report on the growth of securities markets in 83 countries worldwide.

Accordingly, Vietnam’s securities market (VN-Index) ranked 24th, with an annual average growth of 43 percent over the last five years. In spite of being 24th, the Vietnam securities markets saw a moderate growth when recording a 10 percent gap between the top ten markets.

In Asia, Vietnam’s securities market followed up India (50 percent), Indonesia (46 percent) and was followed by the Republic of Korea (35 percent), China (33 percent), Singapore (28 percent), Thailand (27 percent), Malaysia (19 percent), and Japan (16 percent).

The report is based on figures from the securities market from October 9, 2002 to October 9, 2007 and the securities growth rate over the past five years.

With an annual average growth of 88 percent, Peru’s securities market took the lead, followed by Ukraine with 84 percent, Bulgaria, with 77 percent, and Brazil, with 74 percent.

VNN

>   VN-Index down, HaSTC still going up (17/10/2007)

>   PetroVietnam Speeds up Projects to Ensure Petroleum Supplies (17/10/2007)

>   Oil and gas group inks deal with US investment bank (16/10/2007)

>   Penny stocks drive market (16/10/2007)

>   IDG Ventures Viet Nam steps into communications industry (16/10/2007)

>   CII: financial statement Quarter 3 – 2007 (16/10/2007)

>   PET: Trading of affiliated person (16/10/2007)

>   VNE: Trading result of a major shareholder (16/10/2007)

>   PJT – resolution of shareholders’ meeting (16/10/2007)

>   TSC – peak at the ceiling price (16/10/2007)