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Vietnam’s stock market to be restructured

The State Securities Commission (SSC) will gradually restructure the stock market in 2011 by improving the listed, OTC and government bond markets.
The State Securities Commission (SSC) will gradually restructure thestock market in 2011 by improving the listed, OTC and government bondmarkets.

This proposal was put forward at a meeting designed toembark on tasks to develop the stock market in 2011 in Hanoi onFebruary 24.

The SSC will increase its listing standards toimprove the quality of the stock market and its sustainability, whileexpanding the OTC market to reduce activities on the unofficial market.

In 2010, the stock market’s capitalisation had reached 726trillion VND (33.76 billion USD), a year-on-year increase of 17.1percent and accounted for 39 percent of GDP.

The total amountof traded stocks on both the Ho Chi Minh Stock Exchange and the HanoiStock Exchange valued at 620 trillion VND.

Investors have so far opened 1.1 million accounts in the market./.

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At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

Sun PhuQuoc Airways entersᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
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