Vietnam Stock Exchange applies for WFE membership
Hanoi (VNA) – 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).
Earlier on April 22,
VNX became a member of the Asian and Oceanian
Stock Exchanges Federation (AOSEF) – a non-profit organisation founded
in 1990 with 17 regional stock exchanges as its members.
Joining
the AOSEF enables VNX to share information and experience in organising,
operating and managing the securities market. It is the first and important step in
its policy of gradually integrating into the international system.
On September
15, VNX became a member of the ASEAN+3
Bond Market Forum which was established in May 2010 with experts and financial
organisations from 10 ASEAN member states along with China, Japan and the
Republic of Korea, affording it a chance to share information and experience in
organising, operating and managing the bond market.
Later
on September 30, VNX was admitted to the ASEAN Exchange which was established on
the basis of multilateral cooperation among stock exchanges from six ASEAN countries, namely Vietnam, Malaysia, Indonesia, Thailand, Philippines and Singapore.
Once
the VNX becomes a member of the WFE, both HOSE and the Hanoi Stock Exchange
(HNX) will be entitled to benefits as official members./.