On May 9, 2024, at the headquarters of the State Securities Commission of Vietnam (SSC), Chairwoman Vu Thi Chan Phuong met with Ms. Abigail Ng, Senior Executive Director of Market Policy and Consumer Affairs at the Monetary Authority of Singapore (MAS), along with other representatives from MAS and the Singapore Exchange (SGX).
Chairwoman Vu Thi Chan Phuong meets with Ms. Abigail Ng, Senior Executive Director of Market Policy and Consumer Affairs at MAS
During the meeting, Chairwoman Phuong shared with the MAS representatives the achievements of Vietnam’s securities market in the past period, as well as the orientation and progress of the market upgrade process. She also happily announced that the Ministry of Finance is expected to host an investment promotion conference in Singapore in July to introduce the prospects of Vietnam’s securities market.
The SSC hopes to receive support from MAS in organizing a successful conference and is open to feedback and suggestions from foreign experts, organizations, and investors to further improve the development of Vietnam’s securities market regulations.
Ms. Abigail Ng expressed her gratitude for the warm reception and appreciated the policies implemented by Vietnamese authorities to achieve the goal of upgrading the country’s securities market. She emphasized that MAS and SGX are always ready to provide support and share their experience in securities market management with the SSC and Vietnam’s stock exchanges.
Ms. Ng looked forward to strengthening the cooperation between the two sides and stated that MAS would assist in connecting and promoting information about Vietnam’s securities market to partners and businesses in Singapore. She hoped that the upcoming investment promotion conference in Vietnam would be a success and attract more investors to the country’s securities market. Additionally, she anticipated more visits and exchanges between the two countries’ delegations to share information in the fields of securities and securities markets.
Following the courtesy meeting, the specialized units of the SSC and the MAS and SGX delegation discussed policies for the development of the securities market, including topics such as pre-trade margin requirements, central counterparty (CCP) clearing, and settlement.
