Ten Hard Truths About Vietnam's Capital Markets

Vietnam's capital markets are growing, but are they ready to finance the country's next decade? Drawing on insights from KPMG, SSI, Dragon Capital, HSBC, VinaCapital and other financial institutions at the Capital Intelligence Forum 2026, Vietnam Vanguard examines ten structural challenges — from excessive bank dependence and weak institutional investment to capital formation, market transparency and the shortage of investment-ready companies.