Investment Funds Landscape In Vietnam
Hang Thi Ngo
Banking Academy of Vietnam, Hanoi, Vietnam ORCID: 0000-0001-5744-5367
https://doi.org/10.47191/jefms/v7-i5-68ABSTRACT:
This paper analyses the landscape of investment funds in Vietnam in different aspects including the development of regulatory framework and the operations of investment funds over last 30 years. The study adds value to the existing research field of investment funds with a comprehensive theoretical introduction of investment funds and their contributions to the financial market’s development. Besides, the paper’s results provide the most up-to-date status, insights, and in-depth analysis of the overall operations of various investment fund types. Finally, the research findings suggest areas to be addressed to pave the way for the further development of investment funds in Vietnam and also provide significant information for investors in picking suitable investment funds for their holdings.
KEYWORDS:
Investment funds, Landscape, Vietnam, Regulatory Framework
REFERENCES:
1) Hai, V. 2023, Investment Funds increase their investors (Quỹ đầu tư nỗ lực tăng tệp khách hàng), Availablet at: https://www.tinnhanhchungkhoan.vn/quy-dau-tu-no-luc-tang-tep-khach-hang-post333725.html
2) Giang, T. 2012, Foreign Capital, 12 years in Vietnam (Vốn ngoại, 12 năm ở Việt Nam), Availablet at: https://www.tinnhanhchungkhoan.vn/von-ngoai-12-nam-o-viet-nam-post26691.html
3) Lam, P. 2020, The Investment Funds in Vietnam’s Market (Chặng đường quỹ ngoại gắn bó với thị trường), Available at: https://www.tinnhanhchungkhoan.vn/chang-duong-quy-ngoai-gan-bo-voi-thi-truong-post245926.html
4) Ngo, T. 2022, The Establishment and Development of Vietnam’s Stock Market (Chặng đường hình thành, phát triển của thị trường chứng khoán Việt Nam), Available at: https://thanhtravietnam.vn/thuc-tien-va-chinh-sach/xay-dung-thi-truong-chung-khoan-viet-nam-minh-bach-phat-trien/chang-duong-hinh-thanh-phat-trien-cua-thi-truong-chung-khoan-viet-nam-200145.html.
5) Phan, H. 2023, Investment Funds and Their Exposure to a Mass Market (Quản lý quỹ và bài toán đại chúng hoá sản phẩm quỹ tới người dân), Available at: https://www.tinnhanhchungkhoan.vn/quan-ly-quy-va-bai-toan-dai-chung-hoa-san-pham-quy-toi-nguoi-dan-post320983.html#google_vignette
6) State Securities Commission 2023, Securities Investment Funds (Số lượng tài khoản nhà đầu tư đến cuối tháng 12/2023), Available at: https://ssc.gov.vn/webcenter/portal/ubck/pages_r/m/thngtinthtrng/thngkthtrng
7) World Bank 2024, DataBank – Global Financial Development Database, Available at: https://databank.worldbank.org/source/global-financial-development/Series/GFDD.DI.07