Korea Helps Set up Stock Exchange
Nhandan July 4, 1999 - According to an agreement signed on July 2, 1999 between the Ministry of Planning and Investment of Vietnam and the Embassy of the Republic of Korea in Vietnam, the Republic of Korea International Co-operation Agency (KOICA) will implement the second phase of the technical assistance programme to set up a stock exchange of Vietnam (SEV).
Under this agreement, KOICA and Korean stock exchange will give Vietnam US $600,000 to help set up the exchange floor in Ho Chi Minh City. The Republic of Korea has funded some US $ 800,000 in the first phase of the project to help set up agencies and regulations of SEV.
