Vietnam, Singapore deepen capital markets ties with depositary receipt plans

Vietnamese policymakers have called for strengthened connections between Vietnam and Singapore's financial sectors to establish infrastructure supporting cross-border depositary receipt issuance and listings.

Under the proposed framework, exchanges, businesses and financial intermediaries from both countries would work to gradually build an ecosystem facilitating the issuance and trading of depositary receipt products. Such instruments allow investors to gain exposure to securities listed in one market through trading on another, potentially broadening investor bases for companies in both nations.

The push reflects broader efforts by Vietnam and Singapore to deepen economic ties across multiple sectors. Beyond capital markets cooperation, the two countries are also collaborating on semiconductor workforce development and positioning technology as a strategic pillar of their bilateral relationship.

The initiatives underscore Vietnam's strategy to develop its capital markets infrastructure and regional financial connectivity as the country seeks to attract greater foreign investment and integrate more fully into Southeast Asia's economic landscape.