The Hanoitimes – The structure of the State Securities Commission (SSC) is in line with principles set out by the International Organization of Securities Commissions (IOSCO). Proposal to merge Hanoi and Ho Chi Minh City stock exchanges exposes shortcomings Scarce products in Vietnam’s stock market leave foreign investors with few options Vietnam’s stock market remains on track for sustainable development: Minister The State Securities Commission (SSC), the country’s stock market watchdog, remains under the management of the Ministry of Finance (MoF) as stipulated in the draft revised Securities Law, according to Minister of Finance Dinh Tien Dung. Minister of Finance Dinh Tien Dung. Dung made the statement while presenting the draft law at a hearing held by the National Assembly (NA) on June 6, adding the current mechanism is suitable for Vietnam’s situation and ensures consistency with international practices. Dung referred to the fact that the stock market watchdogs in Malaysia and Portugal are under the administration of their respective finance ministries, or under central bank in case of Singapore, Russia, or under a government financial supervisory agency as in the case of Japan or the US. Whatever the case is, the SSC or any similar agencies in other… Read full this story
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