The event marked an important step in the process of diversifying products and expanding the scale of the Vietnamese stock market.
In his opening speech, Mr. Le Xuan Hai - General Director of the Vietnam Securities Exchange Department said that the VN100 Index Future Contract (VN100 Board of Directors) is a successful successor to the VN30 Index Board of Directors, designed to expand the representative range of component stocks in the listed stock market, better meeting investment needs, as well as risk management of organizations and individuals.
The new product is expected to diversify investment tools, increase liquidity and contribute to improving the efficiency and transparency of the Vietnamese derivatives market.
Speaking at the ceremony, Mr. Bui Hoang Hai - Vice Chairman of the State Securities Commission emphasized that the inclusion of the VN100 Board of Directors in the trading is part of the roadmap for implementing the Stock Market Development Strategy to 2030, and is in line with the development trend of derivatives in international markets.
The Vice Chairman of the State Securities Commission also acknowledged the efforts of the Departments of Securities and Securities Trading, VSDC and related units in building products, preparing technical infrastructure, completing the operating process and ensuring that products are deployed on schedule, safely and effectively.
Mr. Bui Hoang Hai affirmed that the SSC will continue to accompany the Stock Exchange, promote research and development of new products such as options contracts and structural products, to improve the derivative product ecosystem, better meet the needs of investors and support the goal of upgrading the Vietnamese stock market in the coming time.
Speaking in response, Mr. Luong Hai Sinh - Chairman of the Board of Members of the Vietnam Securities Exchange Department thanked the close direction of the Ministry of Finance, the State Securities Commission and the support of market members; and affirmed that the Vietnam Securities Commission will continue to innovate, upgrade technology infrastructure, diversify products and effectively implement initiatives to promote sustainable, transparent and integrated development of the Vietnamese stock market.
