Vietnam mulls setting up a stock exchange for startups

Vietnam mulls setting up a stock exchange for startups

Vietnam is exploring the possibility of establishing a stock exchange particularly for startups to support the burgeoning local startup space, the country’s deputy prime minister and former finance minister Vuong Dinh Hue said on Tuesday.

A comprehensive ecosystem for startups needs a convergence of all critical ingredients including innovation, legal framework, infrastructure and support services, and participation of investors and financial institutions, according to a press release from a conference on “Developing the capital market for startups” held in Ho Chi Minh City.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter