The Taiwan Stock Exchange (TWSE, 台灣證交所) and the Hanoi Stock Exchange (HNX) signed a memorandum of understanding (MOU) yesterday to facilitate cooperation through market information exchanges.
Under the agreement, investors in Taiwan and Vietnam will be able to share details on market regulations and trading information, the stock regulator said in a statement.
Participants in both markets are expected to explore commercial opportunities through the new communication channel that will be established now that the agreement has been signed, the statement said.
The MOU was signed by TWSE chairman Schive Chi (薛琦) and HNX CEO Tran Van Dzung in Hanoi.
The Hanoi market is the second largest stock exchange in Vietnam after the Ho Chi Minh City Stock Exchange.
At the MOU signing ceremony, Schive said the Taiwan and Ho Chi Minh exchanges, which signed a similar MOU in 2008, have established a good partnership and he expected the agreement with the Hanoi bourse to create close ties “that will further boost the internationalization of Taiwan’s and Vietnam’s capital markets.”
As of June 21, a total of 884 listed securities on the HNX had a market value of US$11.58 billion. The HNX is also the primary platform for government bond offerings, according to the TWSE.
Schive said his company’s efforts to push for the internationalization of Taiwan’s capital markets have gone beyond the signing of an MOU with its foreign counterparts.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
RSS