Monday, November 5, 2007
Thanh Nien News (Hanoi)
The Vietnam State Securities Commission (SSC) has announced it would help Cambodian officials open the country's first stock exchange by 2009.
Leaders from the commission met with Cambodian officials from financial and economic ministries, as well from the Cambodian central bank late last month in Vietnam.
SSC chairman Vu Bang said the commission would provide valuable management experience to the neighboring country's counterparts.
In September, a Lao government delegation had visited Vietnam's Hanoi Stock Trading Center to learn from the experiences of the two-year-old market's managers.
Laos and Cambodia are the only countries in ASEAN without a stock exchange.
Vietnam opened its first stock exchange in 2000 by inaugurating the Ho Chi Minh City Stock Trading Center, which became the HCMC Stock Exchange (HOSE) last summer.
Reported by Minh Quang
Leaders from the commission met with Cambodian officials from financial and economic ministries, as well from the Cambodian central bank late last month in Vietnam.
SSC chairman Vu Bang said the commission would provide valuable management experience to the neighboring country's counterparts.
In September, a Lao government delegation had visited Vietnam's Hanoi Stock Trading Center to learn from the experiences of the two-year-old market's managers.
Laos and Cambodia are the only countries in ASEAN without a stock exchange.
Vietnam opened its first stock exchange in 2000 by inaugurating the Ho Chi Minh City Stock Trading Center, which became the HCMC Stock Exchange (HOSE) last summer.
Reported by Minh Quang
