Business

Government orders more measures to stabilise stock market

Deputy Prime Minister Le Minh Khai, on behalf of PM Pham Minh Chinh, has directed the implementation of measures to ensure the stock market operates in a stable, safe, smooth, public and transparent manner and develops sustainably.
Government orders more measures to stabilise stock market ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Le Minh Khai, on behalf of PMPham Minh Chinh, has directed the implementation of measures to ensure thestock market operates in a stable, safe, smooth, public and transparent mannerand develops sustainably.

He asked the Finance Minister and the Governor of the StateBank of Vietnam to instruct relevant agencies and units to keep a close watchon the developments of the domestic and foreign financial, monetary and stockmarkets to actively carry out appropriate governance measures.

The Finance Minister and the Chairman of the StateSecurities Commission were required to monitor and supervise the movements of the market in order to come up with managementsolutions to avoid risks and losses.

These agencies also need to actively unveil information, comeup with solutions to stabilise the psychology of domestic and foreigninvestors, and protect their legitimate interests.

The Deputy PM requested strict punishment against any violations.

He also asked the Minister of Information and Communicationsto direct press agencies to report accurately and truthfully./.
VNA
#Deputy Prime Minister Le Minh Khai #stock market #Finance Minister #State Bank of Vietnam #State Securities Commission #Vietnam #Vietnamplus #Vietnam News Agency
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