HCM City opens Vietnam goods echange

Vietnam goods exchange, the first of its kind licensed by the Ministry of Industry and Trade, was inaugurated and officially put into operation in Ho Chi Minh City on January 11.

It is headquartered at 18-20 Phuoc Hung street, District 5 and its trading floor is at 52 Nguyen Cong Tru street, District 1, HCM City.

Vietnam Goods Exchange has its charter capital of VND150 billion, and three main kinds of goods-coffee, rubber and steel-for transaction. The model of operation consists of three parts: a trading floor, a balance payment centre, and a goods verification and transaction centre. 

Goods transacted at the trading floor must meet general standards, and auction regulations.

Vietnam Goods Exchange will list standard prices for coffee, rubber and steel products, analyse, collect and provide information about domestic and foreign markets and establish contact with other goods exchanges in the world.

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