Citation:

Do Thi Kim Tien. "International Experience and Lessons Learned Regarding Listing and Trading Registration of Enterprises with Foreign Direct Investment (FDI) on the Stock Market: A Study in Vietnam" International Research Journal of Economics and Management Studies, Vol. 3, No. 4, pp. 60-64, 2024.

Abstract:

Enterprises with Foreign Direct Investment (FDI) are a part of the Vietnamese business system and an indispensable economic component contributing significantly to the country's socio-economic development. In principle, FDI enterprises are treated equally and operate in sectors not prohibited by law. Before the Investment Law was enacted, FDI enterprises were regulated by the Law on Foreign Direct Investment, which allowed for the conversion of ownership form from limited liability to joint-stock companies. Consequently, FDI enterprises converted to joint-stock companies gradually listed on the Vietnam stock market. However, despite operating as joint-stock companies under the Enterprise Law, these FDI enterprises were not allowed to conduct initial public offerings (IPOs) and list on the Vietnam stock market. The inconsistency in listing and trading registration of FDI enterprises' stocks has impacted transparency, long-term capital mobilization, shareholder rights, and the attraction of foreign direct investment into Vietnam.

References:

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Keywords:

International Experience, Stock Market, Enterprises with Foreign Direct Investment.