Prices of some securities services to be cut to support market

The Ministry of Finance has agreed in principle to reduce prices of some securities services to support the Vietnamese stock market, which has been in downfall since the COVID-19 outbreak.

Wednesday, March 18, 2020 10:11

Prices of some securities services to be cut to support market ảnh 1

The reduction of prices for some securities services is meant to give timely support to investors and the market (Photo: VNA)

Hanoi (VNA) – The Ministry of Finance has agreed inprinciple to reduce prices of some securities services to support theVietnamese stock market, which has been in downfall since the COVID-19 outbreak.

Chairman of the State Securities Commission TranVan Dung said four types of services on the derivatives market at the VietnamSecurities Depository will have their prices cut this week.

The commission will consider slashing prices forother services and ask for the Finance Ministry’s opinions when necessary togive timely support to investors and the market, he noted.

Dung said the move is essential in the currentcontext, which is also in line with the Prime Minister’s Directive 11/CT-TTg issuedon March 4 on some urgent tasks and solutions to tackle difficulties facingproduction and business activities and ensure social security amidst theCOVID-19 pandemic./.

VNA

#Ministry of Finance #securities services #Vietnamese stock market #COVID-19 #State Securities Commission #Vietnam Securities Depository #updated Vietnam news #Vietnamplus #Vietnam News Agency

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