Việt Nam News

The HCM Stock Exchange has signed a memorandum of understanding with the HCM City Cadre Academy. VNSPhoto

HCM CITY - The HCM Stock Exchange has signed a memorandum of understanding with the HCM City Cadre Academy for co-operation in scientific research, training, brand development and more.

HOSE chairman Trần Đắc Sinh said since HCM City plans to become a financial hub of Việt Nam and Southeast Asia, the co-operation is of vital importance in providing knowledge about the stock market to the academy’s lecturers and students, who will take important responsibilities in the city and other southern provinces’ political, social and economic systems in the future.

The HCA, which works to improve the political, administrative and economic competence of State employees in the south, is in turn expected to help the exchange improve the quality of its staff.

More than 132 million securities worth VNĐ2.267 trillion (over US$100 million) are traded on HOSE daily, up 15-17 percent from last year.-VNS

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