09:40
Understanding Vietnam in the Regional Context

• Monitoring the financial recovery of the regional economy
• Tracking the progress towards the establishment of the ASEAN Economic Community
• Outlining the ASEAN-China FTA and ASEAN-India FTA
• Exploring the opportunities and challenges for Vietnam through regional integration and cooperation

Ayumi Konishi, Country Director, Asian Development Bank

10:10
Morning Refreshments

10:40
Vietnam’s Macro Economy and its Changing Monetary Policies

• Exploring Vietnam’s evolving monetary policies and how it will affect the securities market
• What still needs to be improved on?
• Exploring Vietnam’s inflation dynamics
• Understanding the importance of inflation on macroeconomic stability
• Assessing Vietnam’s credit rating outlook

Matt Hildebrant, VP Economics for Asia, JP Morgan

11:10
Changing Priorities due to Global Economic Crisis and its Effects on Vietnam

• How strong and stable is Vietnam’s long-term economic recovery?
• What lessons can be learnt from the West?
• How are US and global financial market regulatory reforms impacting emerging markets?
• With the introduction of Basel III, how will this affect local banks?
• The practicality of stress tests on local Vietnamese banks and how to apply the results

Moderator:
Brett Krause, Country Officer, Citi

Panellists:
Ayumi Konishi, Country Director, Asian Development Bank
Le Ba Hoang Quang, Hanoi Branch Director and Head of Macroeconomic Research, Sacombank

11:50
Vietnam 2020 – Progress and Potential for Growth (Private Investment Opportunities and the Evolution of the Securities Market)

Marco Breu, Partner, McKinsey & Company

12:20
Networking Lunch

13:30
An Update on Vietnam Investment Banking
Hunt McNguyen , CEO, VinaCapital

14:00
Embracing Changes in the Vietnam Securities Market Infrastructure

• How is Vietnam positioning itself to attract foreign investments?
• Specific areas in the debt capital and equity market that still is in need of stronger foundation
• What are the major current financial instruments available for domestic and foreign investors to use?

Le Le Hang, Managing Director, SSI Asset Management

14:30
Raising Chartered Capital of JSBs: Impact on the Current Vietnam Securities Market
Ho Huu Hanh, Director General, State Bank of Vietnam

15:00
Afternoon Refreshments

15:30
Presentation Title to be advised
Tan Tran Thanh, Chairman, Vietfund Management

16:00
Parallels with another Emerging Market, Indonesia

• An overview of problems faced while investing in the Indonesian markets
• Lessons learnt from changing regulations that can be applied to other emerging markets
• Investing in an emerging market: the risks, choices and profits
• Exploring the challenges of liquidity in both capital market and exchange rates

Michael Tjoajadi, Head of Distribution, PT Schroder Investment Management

16:30
Returns for Vietnam’s Emerging Markets Private Equity

• How has the global PE model been forced to change since the financial crisis?
• What structural issues must the Vietnam private equity industry address?
• Linkages between private equity and the securities market

David Do, Managing Director, Vietnam Investments (VI) Group

17:00
Chairperson’s Remarks and End of Conference Day One
Followed by Networking Drinks

09:40
Finding the Best Tax Strategies in a Constantly Changing Environment

• Staying updated on the current Vietnam securities tax scheme
• Assessing the impact of the government’s tax decision on the Vietnam stock market and foreign interest
• How can companies plan ahead for better cash flow?

Richard Irwin, Partner, Tax and Legal Services, PriceWaterhouseCoopers

10:15
Increasing Profitability Starts from Solid Management & Corporate Cultures

• Case studies: examining global companies with strong corporate cultures and the results they have produced
• Understanding how strong corporate culture and values make a difference, empowering Vietnamese companies to sustain net profit growth
• Recognizing what is accepted within local Vietnamese investee companies and its limit to meeting high levels of corporate governance compliance

Chris Freund, Managing Director, Mekong Capital

10:50
Morning Refreshments

11:20
Entering the Securities Market as Foreign Investors

• The ABCs of proper procedure to entry
• Highlighting common difficulties and frustrations with market access
• Analysing the best exit strategies to improve liquidity despite market restrictions
• Equipping your company with the know-how and time forecast for a smoother entry and exit
• Exploring the pros and cons of joint vs sole ownerships

Ha Thu Nguyen, Securities Country Manager, Citi

11:55
What are the Real Risks of Investing in an Emerging Market?

• Monitoring Vietnam’s external debt
• Reviewing the risk of Vietnam’s financial market experiencing a kneejerk reaction from investors within the next five years
• Outlining the market risk scenario: relationship of Vietnam’s banking system, its stock prices and macro-economy stability
• What are some lessons that can be learnt from other Asian countries?
• Should you stay in Vietnam for the longterm? Are the risks worth it?

Le Ba Hoang Quang, Hanoi Branch Director and Head of Macroeconomic Research, Sacombank

12:30
Mitigating Risks in a New Emerging Securities Market

• Exploring the need for best practice risk management and due diligence
• Diversifying into specific securities-related financing with alternative ways to heighten securities liquidity and reduce volatility
• Analysing and making investment decisions based on quality, indepth on-the-ground research
• Where to find good quality market research in the language you are comfortable with?

Moderator:
Andy Ho, Managing Director, VinaCapital

Panellists:
Johan Nyvene, CEO, Ho Chi Minh City Securities Corporation
Le Le Hang, Managing Director, SSI Asset Management
Kevin Snowball, CEO, PXP Vietnam Asset Management

13:00
Chairperson’s Closing Remarks
Followed by Networking Lunch