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Banking & Finance

PM opens Hanoi bourse in new year

Released at: 17:45, 24/02/2015

PM opens Hanoi bourse in new year

PM Dung sounds the gong to get trading underway in Year of the Goat.

Prime Minister Nguyen Tan Dung beat the gong to open the first trading session for the lunar new year at the Hanoi Stock Exchange on February 24.

Speaking at the ceremony, the PM lauded the development of the country's stock market, saying it has actively contributed to national socio-economic development and become a crucial channel for mobilizing capital for the economy.

The development of Vietnam's two bourses has helped complete the country's market economy, boosted the equitization of State-owned enterprises (SOEs), accelerated the mobilization of capital for investment, and enhanced international integration, he added.

The PM proposed the Ministry of Finance and other relevant ministries and agencies check and complete institutions and policies for a more open, more transparent and more effective stock market in the context of Vietnam stepping up negotiations over and signing new free trade agreements.

He also asked for the effective implementation of the stock market restructuring plan as well as pushing up the process of SOE equitization to fully integrate into the international market.

Thong Dat

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