November 01, 2020 03:21 | About us
Language: Tiếng Việt | ພາ​ສາ​ລາວ | ខ្មែរ | русский | 中文

Vietnam securities trading in operation during the COVID-19 battle: SSC

08:19 | 01/04/2020

Securities trading in Vietnam is considered an essential service and would be uninterrupted despite the fight against COVID-19, according to the State Securities Commission (SSC) on Tuesday. 

securities trading in vietnam is considered essential during the covid 19 battle ssc VN-Index sinks into the red, exempts fees of 15 securities services
securities trading in vietnam is considered essential during the covid 19 battle ssc Securities market in Vietnam: Reduction of margin lending rates to aid investors
securities trading in vietnam is considered essential during the covid 19 battle ssc Securities companies announce plans to increase their charter capital
vietnam securities trading in operation during the covid 19 battle ssc
The State Securities Commission (SSC)'s head office in Ha Noi. (Photo source: nhadautu.vn)

Trading on the Vietnamese securities market was essential and would not be disrupted under any circumstances during the fight against COVID-19, the State Securities Commission (SSC) said on Tuesday.

Trading activities would be thorough and secure, the agency said in a statement, adding that securities trading was one of the essential services regulated by the Prime Minister’s Directive 16 dated March 31 to enhance the fight against the spread of the coronavirus.

Directive 16 was issued on Tuesday to issue a 15-day nationwide social distancing order, starting on 12am Wednesday April 1, as the Government advised people to stop travelling and grouping to prevent the coronavirus from spreading.

VIetnam on Tuesday reported four new COVID-19 cases, raising the total number to 207.

The SSC also asked the two stock exchanges, the Vietnam Securities Depository (VSD), securities companies, fund management firms, and other market members to keep innovating and using modern technologies to adapt to comply with the Government’s request.

Stock exchanges, market regulators, securities companies and fund management firms were also required to be prepared for any possible scenarios during the COVID-19 fight.

They were also asked to take drastic measures to make sure employees, investors and customers were safe and not infected by the virus.

Since January-end, the benchmark VN-Index on the Ho Chi Minh Stock Exchange has lost 33.2 per cent, and billions of dollars have been wiped off the market’s total capitalisation as the country struggles with the spread of the coronavirus.

A number of securities companies have switched to online working mode and suspended direct contact between their employees and customers to prevent a potential virus breakout.

securities trading in vietnam is considered essential during the covid 19 battle ssc COVID-19 pandemic could kill 20 million people worldwide in 2020

The COVID-19 pandemic could kill as many as 20 million people worldwide this year even if the intensive social distancing measures currently are being implemented ...

securities trading in vietnam is considered essential during the covid 19 battle ssc Vietnam PM issues social distancing order on national scale for 15 days

Prime Minister Nguyen Xuan Phuc has issued Directive No.16 which brings into effect an urgent nationwide social distancing order from April 1 which aims to ...

securities trading in vietnam is considered essential during the covid 19 battle ssc Ho Chi Minh city to tighten the COVID-19 combat

HCM City authorities are trying to strengthen the battle against the COVID-19 pandemic in the next two weeks.

vietnamnews