Monday, June 23, 2008
The State Securities Commission of Viet Nam, the nation's market regulator, is drawing up a plan to set up a fund to stabilize the stock market, Dau Tu Chung Khoan newspaper reported, citing Chairman Vu Bang.
The fund will buy stocks when the market has difficulties and sell shares when the market is doing well, the report said.
The State Securities Commission (SSC) last week lifted a limit for gains or losses on the stock exchange in an attempt to boost trade and improve the market investments.
Monday 23 June 2008
Viet Nam May Set Up Stock Stabilization Fund
