LSX hosts GMS capital market education forum 2016
The Lao Securities Exchange (LSX) recently hosted the Greater Mekong Sub-region Capital Market Education Forum 2016 (GMS CMEF 2016) for the first time.
The two-day forum opened yesterday in Vientiane, attended by Chief Executive Officer of LSX, Mr Vanhkham Voravong, and delegations from the Securities Commission and Exchange from Cambodia, Myanmar, Thailand and Vietnam, as well as internal guests from securities firms, listed companies, commercial banks and educational institutions.
As the host of the forum, Mr Vanhkham said GMS countries have to continue working side by side to enhance economic relations. This Capital Market Education Forum would mark another major milestone in the collaboration for mutual growth of the GMS Capital Market.
He highlighted the significant improvement in the GMS Capital Market: With the success of the previous forum, together we have always focused on exchanging experiences in the development of education tools for investors, which are a key to improving the capital markets in the region, as well as seeking ways to promote investors more efficiently and sustainably.
Last year's forum, which was hosted by the Hanoi Stock Exchange, raised the role of investors as key to the success of the regional capital market. As for this year, the theme is Expanding Investor Base through Education: Investing in Stocks.
Mr Vanhkham affirmed the roles of market stakeholders, especially investors, as a vital mechanism in moving the growth of markets; therefore, the forum focuses on the development of retail investors in the capital market, revolving around promoting investor education initiatives by exchanging development strategies and sharing lessons in order to create opportunities for public and private organisations in co-developing the capital market.
The forum will span one day and a half, which will provide the opportunity to mutually enhance the GMS capital market in addition to enhance investors' understanding of emerging strategies and ideas to ensure that they work.