Vietnam will expand its public investment options well beyond stocks and real estate next year as its new commodities exchange anticipates trading accounts to surge from the current 1,385 with an aggregate $333 million in value to roughly 5,500 accounts worth $886 million.
More derivative transactions are intended to improve product quality, cut transportation costs, and strengthen the positions of domestic producers in negotiating with foreign partners.
Vietnam’s commodities exchange has been used as a brokerage market for foreign customers since it was launched earlier this year, trading almost exclusively in just two commodities: rubber and coffee. The government hopes to attract more investors by expanding to include a wide range of commodities and logistics.
More on the Vietnam commodities exchange