Tokyo bourse agrees to cooperate with Hanoi exchange
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| source: visitbulgaria.info |
Under the accord, the TSE will help the HNX upgrade its trading system by offering know-how on computer technologies while also training its system engineers.
"We hope to share our experience and knowledge of information technology to support the development of the Hanoi Stock Exchange," Atsushi Saito, president and CEO of TSE Group, said in a statement.
Tran Van Dzung, CEO of the Hanoi Stock Exchange, said: "To enter into a memorandum of understanding with TSE is our great honour, and we are definitely confident that HNX can learn much from TSE."
TSE, which has already signed a similar accord with the Ho Chi Minh City Stock Exchange, maintains equities with a market value totalling $3.5 trillion.
The state-owned Hanoi Stock Exchange, formerly known as the Hanoi Securities Trading Centre, began operations in 2005.
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