HNX mobilized more than 200,000 billion VND of government bonds in the first 6 months

	Brexit to leave no immediate impact on Vietnam’s stocks, trade ties with UK: experts
	VAMC special bond terms to be extended
	VN stocks mixed, energy sector lifts northern market

Mr. Nguyen Thanh Long adresses at the conference.

Speaking at the Preliminary Conference for the first 6 months of 2016 of Hanoi Stock Exchange, Mr. Nguyen Thanh Long reviewed that in the first 6 months of 2016, despite of many difficulties and challenges in economy and politics, HNX basically reached its goals and achieved positive results.

Accordingly, the mobilization of funds for the state budget has reached and exceeded the objectives for 6 months raising 212 trillion VND of government bonds, reaching 85.3% of the target. UpCoM market has evolved with guidelines which the management agency has proposed for the first 6 months of 2016, the market capitalization of UPCoM has doubled compared with the end of 2015. The transaction value of the secondary stock market reached 750-760 billion / session, the transaction value of the bond market reached 5.200 billion / session. Therefore, every day HNX traded 6.000 billion, accounting for three-quarters of sales trading of securities markets in Vietnam.

Mr. Long said that, in the bond market, the HNX has expanded its market , implementing projects and new products such as the acquisition, sale and lending of additional government bonds to transaction member - the State Treasury; put zerco coupon bond transactions from first quarter of 2016; launched electronic bond auction on the Internet (E.ABS), operated in parallel with the electronic system (launched in 2012), allowing investors (not members) to directly bid on the system, contributing to funding for members and shorten the time to participate in bidding.

Dragon Capital lists Vietnam’s flagship fund on London Stock Exchange It is cast as a magnet for foreign investors with an eye on Vietnam.

According to Mr. Long, there will be more difficulties and challenges in the last 6 months of 2016 . HNX will continue to be well-organized to raise funds promptly and efficiently to the state budget. Besides, HNX will promote cooperation between the two Stock Exchanges of Vietnam, building a common set of indicators to serve the development needs of the stock market, designing products to meet the requirements of investors, especially in the derivatives market in the near future.