Govt targets securities market development

February 19, 2024

HCM CITY — The legal framework and policies need to be strengthened to ensure development of the stock market in the long run, Deputy Minister of Finance Nguyễn Đức Chi has said. All stakeholders, like the regulators, stock exchanges, other relevant agencies, market members, investors, and listed businesses need to join hands to help lift the country from frontier to emerging market soon, he said. Information about the market should be communicated to investors and society in the best and most transparent way, he said. Market capitalization rose more than 9 per cent to nearly VNĐ6 quadrillion, with HoSE topping VNĐ4.56 quadrillion, up 13.4 per cent. The final tests of the new trading system from the Korea Exchange, KRX, have been completed and it is expected to be installed soon, she said.

The source of this news is from Vietnam News

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