Vietnam, Laos intensify securities cooperation

Representatives of the Hanoi and HCM City Stock Exchanges and the Lao Securities Exchange have signed a Memorandum of Understanding (MoU) to further strengthen their future cooperation. 

The signing ceremony in Vientiane on May 10 was witnessed by Secretary General of the Lao Securities and Exchange Commission Vatthana Dalaloi, Vietnamese Deputy Minister of Finance Tran Xuan Ha, and the Envoy at the Vietnamese Embassy in Laos Luong Quoc Huy. 

The document marks a crucial advance in the two nations’ financial services and securities in particular. 

Under the MoU, the three exchanges will share information, transaction experience, human resource training and information technology. 

The MoU also enables both nations to seize potential opportunities in Southeast Asian countries as well as tightening their traditional friendship.

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