The Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange will further professional exchange and support as well as cooperate in areas of shared interest.
HCM City (VNA) –൲ The Hanoi Stock Exchange (HNX) and the Ho Chi Minh Stock Exchange (HOSE) will further professional exchange and support as well as cooperate in areas of shared interest as stipulated in the Memorandum of Understanding (MoU) signed on April 12.
Accordingly, the two stock exchanges will share and standardise the information databases of both markets, while joining hands to organise programmes on company management, sustainable development and corporate bond market development.
Chairman of the State Securities Commission Vu Bang highlighted that the MoU enables the exchanges to deepen collaboration and comprehensive development, which will give support to enterprises.
It will create momentum to develop the Vietnamese securities market in accordance with international standards, elevate the domestic stock market, while making a contribution to national economic reforms, he added.
The MoU offers opportunities for the two sides to share experience in management and operation and build a common set of indicators for the development of the Vietnamese stock market, according to HOSE Chairman Tran Dac Sinh.
Meanwhile, HNX Chairman Nguyen Thanh Long believed that the cooperation will help the two sides set up a mechanism to renovate administrative procedures, enhance the transparency of securities products as well as design suitable products to meet the increasing demands of investors, especially for derivative stocks in the future.-VNA
Vietnam’s securities sector reaped satisfactory results in 2015, thanks to its strong measures to attract external capital flows and through the restructuring of the stock market system.
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The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
Investors follow stock fluctuation (Photo: VNA)
