Viet Nam to Learn From NYSE Experience

PM Nguyen Tan Dung has requested the Finance Minister to provide guidance to the State Securities Commission to work out a cooperation plan with the New York Stock Exchange.

The New York Stock Exchange (NYSE) will welcome representatives from the Vietnamese Stock Exchange to share information and exchange experiences regarding the stock market, said NYSE Director John A. Thain in a recent letter to the Prime Minister.
Viet Nam’s stock market has been bustling since the country entered the World Trade Organization in late 2006, with total market capitalization having reached some US$22 billion, equivalent to 38 percent of the country’s gross domestic product (GDP) and 46 percent if bonds are included.

Reported by Pham Quoc – Translated by Thuy Hang

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