Vietnam’s capital market is playing an increasingly important role in supporting economic growth as demand for long-term investment funding continues to rise. At a recent industry workshop, experts highlighted the need for a more transparent and diversified capital market to reduce reliance on bank lending and provide sustainable financing for businesses and major infrastructure projects.
According to officials, Vietnam’s stock market has continued to expand, with total market capitalization reaching approximately 82.6% of GDP by the end of June 2026. The listed bond market has also grown significantly, while capital raised through stocks and corporate bonds exceeded VNĐ325 trillion in the first six months of the year, marking a nearly 16% increase compared to the same period in 2025.
Despite this progress, experts noted that the economy still depends heavily on bank credit, creating pressure on the financial system as investment demand increases. They emphasized that continued institutional reforms, greater market transparency, improved financial products, and stronger participation from both domestic and international investors will be essential to building a more resilient capital market capable of supporting Vietnam’s long-term economic development.
