Appointing leaders of Vietnam Exchange and Hanoi Stock Exchange

Deputy Minister Huynh Quang Hai handed over the appointment decision to leader of Vietnam Exchange (VNX)

On March 25, on behalf of the Party Committee, the leader of the Ministry of Finance, Deputy Minister Huynh Quang Hai handed over the decision to appoint Nguyen Thanh Long, Chairman of the Board of Hanoi Stock Exchange (HNX), to hold the position as Chairman of the member’s council of Vienam Exchange (VNX); Pham Van Hoang, Vice Chairman of State Securities Commission (SSC), to hold the position as Member of Member’s Council, Director General of VNX and Nguyen Duy Thinh, Deputy Director of Office of the Ministry of Finance, to hold the position of Chairman of the Board of Hanoi Stock Exchange (HNX).

On behalf of the ministry's leaders, Deputy Minister Huynh Quang Hai congratulated the comrades who were appointed to new positions. The Deputy Minister affirmed these were all individuals who have been well trained and have a long experience in the finance industry and securities sector. With their experience, in the new position, the appointed and mobilised comrades will unite, direct and gather collective intelligence to complete the tasks assigned by the ministry's leaders.

The Deputy Minister emphasised the task set for the securities sector in 2021 was very heavy, especially from the work of formulating regulations, decentralisation and regulations of HNX and HOSE, consolidating the staff, facilities to soon put VNX into operation in the near future, as well as assign, decentralise and coordinate to operate Vietnam's stock market in a vibrant, transparent, stable and secure manner.

Deputy Minister Huynh Quang Hai handed over the appointment decision to Nguyen Duy Trinh to hold the position of Chairman of the Board of Hanoi Stock Exchange (HNX)

Besides that, with the current situation, it required direction of the Vietnam Stock Exchange with the HNX and HoSE to implement solutions to thoroughly handle the stock order blockage of HoSE in the past, to create the most convenient environment for investors and securities companies to promote capital mobilisation for the economy, contributing to completing the assigned tasks in 2021, the first year of implementation of Resolution of the 13th Congress of the Party, the Socio-Economic Development Plan, the five-year financial and financial plan (period 2021 - 2025).

VNX was established in the model of parent-subsidiary company on the basis of re-arranging HNX and HoSE. VNX is headquartered in Hanoi, holding 100% of the charter capital of HNX and HoSE.