Vietnam removes full pre-funding rule for foreign investors to upgrade bourse

Vietnam removes full pre-funding rule for foreign investors to upgrade bourse

FILE PHOTO: People walk past the stock exchange centre in Hanoi, Vietnam January 26, 2018. REUTERS/Kham/File photo

Vietnam will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov. 2, its finance ministry said, the country’s latest effort to boost the chances to be reclassified as an emerging market.