Friday, August 18, 2017 - 4:41:23

Hanoi bourse launches first New Year session

VNA Print

Minister of Finance Dinh Tien Dung (R) presents the first-class Labour Order to HNX leader (Photo: VNA)
Hanoi (VNA) – The Hanoi Stock Exchange (HNX) launched the first New Year trading session in Hanoi on January 4.

Speaking at the event, Minister of Finance Dinh Tien Dung said Vietnam reaped significant achievements despite global economic downturn in 2015.

The stock market, in particular, was facilitated by a more synchronous legal system and framework, with important documents such as the Prime Minister’s Decree 60 to remove limits on foreign ownership in listed companies and another decisions on equitisation, market activities, and healthy stock companies, he noted.

The minister hails the HNX for its crucial role in 2015 with the operation of three trading markets: listed stock market, Government bond market, and unlisted public company market (UPCoM).

He requested the sector to double efforts to boost socio-economic development, while suggesting the State Securities Commission review the market in 2011-2015 to map out a development plan for 2016-2020.

It is necessary to continually implement the Government’s equitisation and divestment policies and push ahead with stock market restructuring in preparation for global integration, he added.

On the occasion, the minister presented the first-class Labour Order to the HNX.-VNA
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