Vietnam Stock Exchange applies for WFE membership

The Vietnam Stock Exchange (VNX) has applied for membership of the World Federation of Exchanges (WFE) in replacement of the Ho Chi Minh Stock Exchange (HOSE).
Vietnam Stock Exchange applies for WFE membership ảnh 1The headquarters of the Hanoi Stock Exchange. (Photo: vneconomy.vn)

Hanoi (VNA) – The Vietnam Stock Exchange (VNX) has applied for membership of theWorld Federation of Exchanges (WFE) in replacement of the Ho Chi Minh Stock Exchange(HOSE).

Earlier on April 22,VNX became a member of the Asian and OceanianStock Exchanges Federation (AOSEF) – a non-profit organisation foundedin 1990 with 17 regional stock exchanges as its members.

Joiningthe AOSEF enables VNX to share information and experience in organising,operating and managing the securities market. It is the first and important step inits policy of gradually integrating into the international system. 

On September15, VNX became a member of the ASEAN+3Bond Market Forum which was established in May 2010 with experts and financialorganisations from 10 ASEAN member states along with China, Japan and theRepublic of Korea, affording it a chance to share information and experience inorganising, operating and managing the bond market.

Lateron September 30, VNX was admitted to the ASEAN Exchange which was established onthe basis of multilateral cooperation among stock exchanges from six ASEAN countries, namely Vietnam, Malaysia, Indonesia, Thailand, Philippines and Singapore.

Oncethe VNX becomes a member of the WFE, both HOSE and the Hanoi Stock Exchange(HNX) will be entitled to benefits as official members./.

VNA

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