Thursday, 20/03/2008 09:16

Gov’t determined to hold stock market up

Deputy Prime Minister Nguyen Sinh Hung said the stock market has hit its baseline and the Government is resolved to prevent it from falling further.

“The Government has a consistent and clear standpoint in regulating the economy and the stock market, targeting a stable macro economy, preventing inflation and ensuring stable and healthy economic development,” the deputy PM said.

Addressing a ceremony to mark the third birthday of the Ha Noi Securities Trading Centre (HaSTC) on March 19, Deputy PM Hung said he appreciated the work and the results the bourse has recorded.

He also urged the centre to take initiatives and opportunities to make the market operate more effectively.

According to HaSTC Director Tran Van Dung, over the past three years the centre has held 121 trading sessions with 683 million shares traded.

The centre has opened an auction of Government bonds, and been operating a secondary securities market safely and transparently. It also expanded its cooperation with foreign stock exchanges.

VNA

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