The agency will provide the Hanoi Stock Exchange, the Ho Chi Minh City Stock Exchange, and the Unlisted Public Company Market (UPCoM) with consultations while helping them develop capacity on various related issues.

The project, the continuation of the one carried out during 2019-2023, will focus on monitoring and inspecting the stock market, supervising market intermediaries, managing listings, making public offerings in accordance with international standards, and raising public awareness of the responsibility to protect investors.

The project is expected to help Vietnam upgrade the stock market and promote the sustainable development of the socio-economy.

JICA Chief Representative Sugano Yuichi said with experience in settling financial bubble burst and bad debt, Japan stands ready to support Vietnam in developing the economy, especially the equity market, in a sustainable, safe, and transparent manner.