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Exclusive-Vietnam eyes China model to seek index upgrade, boost investment

Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to uprade the country to emerging market status and attract hundreds of millions of dollars of new investment, sources said. Following a China model, Vietnam would allow brokers to vouch for foreign investors when they buy shares, a move that was seen as a progress by the FTSE index provider, and could lead to remove a regulatory hurdle that has hampere...
Han I Republic Of Sri Lanka Ho Chi Minh City H Chíinh Francesco Guarascio
Source: yahoo.com

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