Prime Minister Pham Minh Chinh speaks at the conference. Photo: VOV

Chairing a conference on "Developing a safe, transparent and effective capital market to stabilize the macro economy and ensure major balances of the economy" in Hanoi on Friday, Mr. Chinh said Vietnam’s historical achievements after more than 35 years of reform, opening and integration is partly contributed by the capital market.

He called on regulators, market members, the business community and investors to work harder to ensure a healthy market, protect the legitimate rights and interests of investors and businesses, put the market on an effective and sustainable development trajectory.

Prime Minister Chinh cited reputable international and domestic experts as saying that Vietnam's capital market and stock market have solid foundation from the potential and prospects of the economy and the dynamism and efficiency of the business and production sector to become one of the successful emerging markets of the region and the wider world.

He said that right after this conference, the Government will issue a resolution on tasks and solutions to stabilize and develop a safe, transparent and efficient capital market, contributing to macroeconomic stability and ensuring balance of the economy.