French newspapers appreciate the Vietnam securities marketThe economic newspaper "Forum" of France on March 8 has posted the article hailed the rapid development of the stock market in General and Vietnam in Ho Chi Minh City in particular.The newspaper said that the Saigon Commercial Bank (Sacombank) decision to list shares in the early July not only help raise the amount of capital invested in the stock market in Ho Chi Minh City from 1.5 billion to 2 billion dollars which also contributes to strengthening the presence of Vietnam on the international financial markets.After Sacombank, Asia Commercial Bank intends to participate in the stock market since 2007. Besides, Vietnam Airlines Corporation also recently announced his intention to join the stock market in the country and both the Hong Kong stock market and laud bilateral ties within 2 or 3 years. Mr. Spencer Wai, in charge of strategic stocks of brokerage firms Merill Lynch (United States of America), said the Association of financial investors, Vietnam has officially proposed a wide range of companies such as Vinaphone, Bao Viet, or rubber, the Oil carried stocks to raise capital on the stock market in Ho Chi Minh City, up 10 billion USD. The newspaper said that all the changes reflected the development of a country which has 84 million people and are maintaining 8% growth per year. This process will likely be driven after Vietnam joined the World Trade Organization (WTO) scheduled for October to
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