Số 225 | Tháng 12/2024
Kinh nghiệm nâng hạng thị trường chứng khoán của Trung Quốc và bài học cho Việt Nam
Nguyễn Thế Bính, Ngô Sỹ Nam
Tóm tắt:
Nghiên cứu này nhằm mục đích phân tích kinh nghiệm nâng hạng thị trường chứng khoán (TTCK) Trung Quốc từ nhóm thị trường cận biên lên nhóm thị trường mới nổi. Thông qua phương pháp tổng hợp và phân tích, nghiên cứu tập trung làm rõ những cải cách và bước tiến quan trọng của TTCK Trung Quốc, bao gồm: hoàn thiện khung pháp lý, tự do hóa thị trường, đa dạng hóa sản phẩm tài chính và phát triển cơ sở hạ tầng. Kết quả nghiên cứu chỉ ra rằng các yếu tố nêu trên có vai trò then chốt trong việc nâng hạng TTCK Trung Quốc. Từ đó, nghiên cứu đề xuất một số giải pháp cho TTCK Việt Nam, bao gồm: cải cách khung pháp lý, tăng cường tự do hóa thị trường, đa dạng hóa sản phẩm tài chính và đẩy mạnh phát triển cơ sở hạ tầng tài chính, nhằm hỗ trợ quá trình nâng hạng thị trường Việt Nam theo mục tiêu của Chính phủ.
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China’s Experience in Upgrading Stock Market and Lessons for Vietnam
Abstract:
This study analyses China's experience upgrading its stock market from a frontier market to an emerging one. Through synthesis and analysis methods, the research focuses on elucidating the significant reforms and advancements of China's stock market, including improving the legal framework, market liberalization, diversification of financial products, and infrastructure development. The research findings indicate that these factors are pivotal in upgrading China's stock market. Consequently, the study proposes several solutions for Vietnam's stock market, including reforming the legal framework, enhancing market liberalization, diversifying financial products, and promoting the development of financial infrastructure in order to support the upgrading process of Vietnam's stock market in alignment with the Government's objectives.