DOI:

Abstract

The past few years have been favorable to the Vietnamese stock market as the country has enjoyed economic, political and social stability. In spite of efforts to develop the stock exchanges, the Vietnamese stock market still lacks competitive advantages and fails to meet international standards. The paper aims at examining the situation of the Vietnamese stock exchanges and its competitiveness and suggesting a merger of stock exchanges as a feasible measure to restructure the stock market in Vietnam.

Keywords

Competitiveness; Liquidity; Vietnamese Stock Exchanges; Restructuring.