Japanese brokerage sets up shop in Vietnam

The Japanese Daiwa Securities SMBC Company opened up a representative office in Hanoi on June 23.

The office will link the local stock exchange with overseas investment organisations, and assist domestic companies with floatation on the stock markets and in raising money in overseas markets.

Daiwa SMBC’s parent company is a joint venture between Japan-based Daiwa Securities and the Sumitomo Mitsui Financial Group.

VNA

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