Vietnam Securities Market Summit 2008 - Asian Bankers Association

VIETNAM
SECURITIES MARKET
SUMMIT 2008
23-25 JUNE 2008 | CARAVELLE HOTEL, HO CHI MINH CITY, VIETNAM
DAY ONE: 23 June 2008, Monday
8.15 Registration & Welcome Coffee
8.50 Welcome Address by Chairman
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Timely reactions to 1 st hand regulatory
updates on fiscal, monetary, law, tax, pricing and
trading process policies
9.00 Special Keynote Address: Outlining regulatory updates on
the Vietnam capital markets
• Stay abreast of regulatory updates to Vietnam Securities Law
and their impacts to market entry for foreign players
• Examining the key issues on foreign ownership and rubbing out
discrimination in foreign ownership
• Outlining latest developments in the financial markets
• Efforts of the regulatory authority in keeping new large stocks
at IPO prices at moderate levels
9.20 Entering Vietnam securities market for foreign investors
• Identifying market entry key issues and examining the
regulatory/tax requirements for a cross-border venture
• Examine the role of local (or global) partner in developing and
marketing your fund; and how to identify these partners and
developing cross-cultural negotiation skills
• Understanding local business practices and evaluating upper-tier
intermediaries and leverage on efficient technologies
• Understanding key legal considerations and deciding when to
hire a domestic or international legal firm
Thuy Thu Bui, Deputy Head, Securities Services,
HSBC Ho Chi Minh City Branch
9.55 Special! Panel Discussion: Gaining insights into Vietnamese
Government’s Administrative Reforms on Its Current
Investment Landscape
• Getting first hand account on developments on credit ratings of
sovereign debt, bilateral agreements with regional/international
trade partners and common bond market with ASEAN member
countries
• Reviewing market-based monetary policy transparency index
and mew controls on foreign portfolio capital with aims to curb
excessive money supply
• Simplifying investment and trade formalities
• Uncovering hidden costs associated with transparency and
strong internal controls
Moderator:
Dr. Andrew Robinson, Head, Research, Australia, APT Inc
Panelists:
• Chas Roy-Chowdhury, Head, Taxation, Association of
Chartered Certified Accountants (ACCA)
• Dr Le Dang Doanh, Member of the Board/ Senior Fellow, Institute
of Development Studies, Hanoi, Vietnam / former Senior
Economist, Ministry of Planning and Investment, Vietnam
• David Gilmour, Global Head Securities Services Operations, Hong
Kong, Standard Chartered Bank
• Nguyen Doan Hung, Vice Chairman, State Securities
Commission (SSC), Vietnam
10.45 Morning Refreshment and Networking Opportunity
11.15 Acclaimed! Panel Discussion: Understanding the
mechanism behind catalyzing new listings to Vietnam
market, strengthening its reserves and fortifying its
Vulnerability to Financial Crises
• Outlining the speculation risk scenario: The danger of local
speculation and excessive inflow of foreign money destabilizing
macro-economic effects and create an equities bubble in danger
of bursting
• Outlining the currency risk scenario: With focus on how is
Vietnam weathering the “Subprime Crisis”/ liquidity crisis; Are
Vietnam’s foreign-exchange reserves just adequate
• Outlining the market risk scenario: Relationship of Vietnam’s
banking system, its stock prices and macro-economic stability;
Can other aspects of its financial system (eg. banking system)
withstand the punch
• Examine the impact of drastic exchange rate fluctuation on the
local borrowers of foreign currencies
Moderator:
Representative from Sponsor/Publication
Panelists:
• Chris Gawan Taylor, Managing Director, Spinnaker Run.
• Kelvin Lee, Chief Executive Officer, VinaSecurities / Managing
Director, VinaCapital Group
• Do Thanh Huong (Mrs.) Director, Research & Investment
Advisory, SaiGon Securities Inc. (SSI)
• Ngan Wai Wah, CFA, Executive Director and Chief Executive
Officer, Value Partners Limited
• Yip Kean Mun, Managing Director, Genesis Capital Pte Ltd
Overviews of the demand elasticity of the liquidity
traders in Vietnam Securities Supply Market
12.10 Landmark! Panel Discussion: Understanding the
relationship between Long/ Short Term Demand for
Vietnam Securities, Inflows of foreign money and local
idle capital
• Examining the role of the current weight of foreign idling money
on the authorities to increase foreign ownership limits
• Understanding long term perspective of foreign investors
• Analyzing Vietnam’s public idle capital and its locals’ investment
pattern in a market that is largely fuelled by foreign cash inflow and
a slowdown rate of equitization of State Owned Enterprises, SOEs
• Examining the rate of equitization of State Owned Enterprises, SOEs
and their absorbing rate on the excessive foreign and local money
Moderator:
Yip Kean Mun, Managing Director, Genesis Capital Pte Ltd
Panelists:
• Phan Thi Tuong Tam (Ms), Vice President, Ho Chi Minh Stock
Exchange (HoSE)
• Thuy Thu Bui, Deputy Head, Securities Services, HSBC
Ho Chi Minh City Branch
TO BOOK NOW: Call Bookings Hotline: +65 6514 3180 For more information visit: www.informafinance-asia.com/vietnam-securities