5. The factors that affect the underwriting activities of securities in securities firms. 5.1. Factors outside 5.1.1. Economic conditions in the country: is a very important factor for the development of the stock market. The country's economy has developed, will have favorable conditions for the development of the stock market, would quickly adopt the model of science and technology, management of water go ahead ... save time, costs of research. Therefore, creating favorable conditions for the development of stability and sustainability of the stock market5.1.2. the legal environment in Vietnam stock market is still very new fledgling goes to work the last few years, so will the inevitable legal texts, rules of the governing body, the Government also more flawed and inaccurate. Therefore, restricting the growth of the country's stock market requirements should have a proper legal framework, promoting the development of the stock market and the underwriting activities of CTCK.5.1.3. Management, science and technology management, science and hi-tech, modernity will be a very favorable conditions for the development of the stock market. The activitiesthe securities company's operation almost independent of each other and are able to decide their activities thus requires management and modern science and technology to help the operation of securities companies to operate effectively. 5.1.4. Language and competitor activities in the storm's underwriting is the issuer of securities so underwriting activity to be effective, the guarantee institutions must understand the operation of the company and its competitors in that activity.
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