Japanese investors thirsty for information about Vietnam’s securities

20:32' 11/06/2007 (GMT+7)

VietNamNet Bridge – More and more Japanese investors want to make investment in Vietnam’s securities, but they do not know how to get enough information. Ito Junichi, the manager of viet-kabu.com website belonging to Viet. Jo, talked about Japanese investment in Vietnam’s stock market. What can you say about the demand for making investment in Vietnam of Japanese investors? Ito Junichi, the manager of viet-kabu.com website The demand is very big, and more and more Japanese investors are seeking information about Vietnam’s stock market on websites, especially ones in Japanese. Our website, www.viet-kabu.com, for example, has 50,000 visitors every day, most of whom are Japanese investors thirsty for information about Vietnam’s securities. We have introduced 1,300 Japanese investors to open transaction accounts at Bao Viet Securities Company. How important is Vietnam’s stock market in the eyes of Japanese investors? Vietnam’s stock market is the second choice, after China, in the eyes of Japanese investors. Now only individual investors inject money in Vietnam, but I believe that more big investors will make investment in Vietnam. In fact, many Japanese investors want to make investments in Vietnam, but they find it more difficult to get information about Vietnam’s securities than about other markets. Besides, Japanese investors can easily trade Chinese shares through the Chinese companies located in Japan, while they cannot do that with Vietnam’s securities. How does Viet. Jo deal with the information related to Vietnam’s stock market? We simply collect information in Vietnamese language, translate it into Japanese and then provide it for Japanese investors. We plan to cooperate more closely with securities companies to better serve Japanese clients. We have signed a cooperation contract with Hoang Gia Securities Company. In the eyes of Japanese investors, Vietnam’s stock market is still far from being saturated; therefore, they want to get more information to consider investment opportunities. I think that the information provided to investors, both domestic and foreign, proves to be not satisfactory enough, and Vietnam needs to perfect its information provision scheme. Japanese investors are most interested in shares of the companies operating in the fields of infrastructure, finance and construction. (Source: VNN)