The Ministry of Finance has set key tasks to develop the stock market sustainably and safely in 2023.

The securities sector will focus on overhauling the Law on Securities and relevant legal regulations, improving market quality and the financial capacity and competitiveness of market participants, and developing the IT system for market management and supervision, according to Deputy Minister of Finance Nguyen Duc Chi.

Measures will be carried out to tackle difficulties, facilitate the equalization and listing of State-owned enterprises to increase the quantity and quality of stocks in the market, enhance market management, and stringently deal with any violations, thus guaranteeing discipline, protecting investors’ interests, and ensuring healthy activities in the market, he said.

Despite the many fluctuations, the stock market still operated stably, safely, and smoothly in 2022. Most listed companies operated stably and profitably, and domestic and foreign investor engagement in the market continued upwards.

Deputy Minister Chi said he believed that the stock market will bounce back strongly and develop in both quantity and quality in 2023 and remain an effective capital mobilization channel for the economy.