During a working session with the Securities and Exchange Commission (SEC) of Thailand on the afternoon of 28/5, Ms. Vu Thi Chan Phuong, Chairperson of the State Securities Commission (SSC), stated that Vietnam's market has long attracted significant Thai investors. Businesses from Thailand are now showing interest and are processing procedures to list on the Ho Chi Minh City Stock Exchange (HoSE).

Chairperson Phuong expressed pleasure at the active involvement of Thai businesses in Vietnam's investment activities, hoping Thai investors would further expand their presence in the securities market. She also commended the SEC for sharing its experience in developing new financial markets and products, such as crypto asset trading and gold derivatives. Both parties are cooperating to enhance capital market management and supervision capabilities.

"Strengthening management cooperation and developing new products and markets will contribute to fostering transparent, safe, and sustainable capital market development in each country and across the ASEAN region," the SSC Chairperson stated.

Ms. Vu Thi Chan Phuong (fourth from right) and Mr. Wisit Wisitsora-at (third from right) at the working session. *Photo: SSC*

In response, Mr. Wisit Wisitsora-at, Chairperson of the SEC, affirmed the desire to maintain close cooperation with Vietnam. He added that the two agencies would increase support for the business community and promote connectivity between the two countries' capital markets. Mr. Wisitsora-at assessed, "Vietnam is an attractive destination for investment capital in Southeast Asia, offering significant development potential and positive growth prospects."

Thailand stands as a significant regional investor in Vietnam. According to data from the Foreign Investment Agency (Ministry of Finance), as of the end of April, Thai investors have implemented 804 projects with a total registered capital exceeding USD 15.4 billion, making Thailand the 8th largest foreign investor in Vietnam.

Thai capital extends beyond manufacturing, making a significant impact on sectors closely tied to domestic consumption, such as retail, food and beverages, building materials, energy, and packaging. Notable transactions include Central Group's expansion of the GO! - Big C supermarket chain, ThaiBev's involvement in Sabeco, and SCG's investments in petrochemicals and packaging. Thai business leaders have repeatedly emphasized Vietnam's strategic importance for their regional expansion.

Tat Dat