The 48th Annual Meeting of the IOSCO. (Photo: tinnhanhchungkhoan.vn)

Addressing the 48th Annual Meeting of the International Organization of Securities Commissions (IOSCO) held in Bangkok, Thailand this week, Phuong said that not only enjoying more favorable conditions in capital mobilization, Vietnamese firms have also made significant progress in governance, transparency and sustainable development.

In order to develop the stock market towards quality and sustainability, Vietnam is striving to upgrade its market classification from frontier to emerging, persistently pursuing market restructuring based on four main pillars of commodity base, market organization, investor base, and securities business organization.

The 48th Annual Meeting of IOSCO comprises a series of annual meetings of the Asia-Pacific Regional Committee (APRC), the Africa-Middle East Regional Committee, the Inter-American Regional Committee, the European Regional Committee, the Growth and Emerging Markets Committee (GEMC), the Presidents' Committee (PC), and the General Assembly.