Speaking at the ceremony, Finance Minister Vuong Dinh Hue also reaffirmed that in 2012 the Ministry of Finance will give strong guidance to the State Securities Commission in coordinating closely with other ministries and sectors in operating the market. Together with the technical solutions, the management agency will get down to business with all activities relating to the restructure of the market, businesses, insurance company and financial company right on the first days of the year.

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The Minister also stressed that restoring the stock market, a long-term capital mobilization channel for the economy, will be one of the important tasks of the financial sector in 2012. And through this, the financial sector will continue to encourage further the process of equitization, support the listed businesses in credit, taxation and development of the business bond market, particularly it will enhance the development of the business credit rating agencies as a base for developing the domestic capital market and helping mobilize capital from foreign investors.

Speaking at the ceremony, Mr Vu Bang, Chairman of the State Securities Commission, said that the new points of 2012 is that the securities sector will get down to implementing the comprehensive restructure.

As directed by the Prime Minister, the Finance Ministry and the State Securities Commission have worked out a plan of restructuring the stock market with the aim of maintaining stability and sustainability of the Stock Market of Vietnam, bringing the market back to become an effective capital channel./.