HOSE, NYSE strengthen cooperation

(VOV) - A delegation from HCM City’s Stock Exchange (HOSE) led by its President Tran DacSinh visited the New York Stock Exchange (NYSE) on October 25 to seek cooperative opportunities and share experience in the field.

The Vietnamese stock market is going to renew its operations and the HOSE delegation expected to learn from NYSE’s development strategies.

The working trip also aimed to concritise a memorandum of understanding between HOSE and NYSE signed in 2007 during the then State President Nguyen Minh Triet’s visit to the US.

At a working session the same day, NYSE President Marshall N.Carter briefed Sinh on NYSE’s operations and affirmed NYSE’s close relationship with HOSE and other relevant Vietnamese ministries and agencies.

Both sides agreed to support Vietnamese businesses in mobilizing capital at NYSE and promote expertise exchange to share experience in developing new products, especially Exchange- Traded Fund (ETF) products.

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