Strengthening risk management training for securities companies

SGX Singapore Stock Exchange experts share experiences during a training session. (Photo: TTTT)

Attending the program were Vice Chairman of the State Securities Commission Ha Duy Tung, along with representatives of the leaders of the units: Securities Business Management Board, State Securities Commission Inspectorate, Securities Scientific Research and Training Center. On the side of training experts at the program, there were Mr. Tan Boon Gin, General Director of Market Management Company, Singapore Stock Exchange (SGX); members of the working group from the Member Supervision Department of Market Management Company, SGX.

The training session was also attended by a large number of trainees working in risk management, internal control, investment department, trading department, members of the Board of Directors and Board of Management/General Director and related subjects at securities companies.

Speaking at the opening ceremony, Vice Chairman Ha Duy Tung said that recently, the Vietnamese stock market has recorded positive growth, surpassing many markets in the region, with the VN-Index approaching the 1,500-point mark - the highest level in the past 3 years.

Vice Chairman of the State Securities Commission, Ha Duy Tung delivered the opening speech.

The stock market capitalization will reach nearly VND 7.7 million billion, equivalent to nearly 70% of GDP in 2024. The number of investor securities accounts is constantly increasing, currently reaching nearly 10.3 million accounts and has exceeded the target of 9 million accounts by 2025 set out in the Stock Market Development Strategy to 2030.

“In the context of the Vietnamese stock market constantly developing, deeply integrating into the international capital market and aiming to upgrade from a frontier market to an emerging market, risk management plays an increasingly important role in ensuring the healthy, transparent and sustainable development of the market, protecting the legitimate rights and interests of investors,” the Vice Chairman of the State Securities Commission shared.

Speaking on the sidelines, Vice Chairman Ha Duy Tung added that for securities companies, risk management plays a key role in the operations of the companies, helping companies identify, evaluate and take measures to minimize the negative impacts of risks. Risk management acts as a "gatekeeper", ensuring that securities companies are always proactive, have plans to prevent and respond to risks and do not suffer serious losses when unexpected fluctuations occur.

Accordingly, Mr. Tung suggested that people working in risk management in securities companies must be knowledgeable about the concept and process of risk management, have knowledge and experience in the fields of finance and securities, and must be equipped with skills and information to be able to build defense and management strategies as well as propose the best solutions when facing risks.

At the training program, Mr. Tan Boon Gin, General Director of SGX Market Management Company emphasized the close relationship between Singapore and Vietnam at the multi-dimensional level from people to people, government to government and business to business.

Vietnam is a particularly important partner and one of Singapore’s largest trading partners. In 2024, Singapore was Vietnam’s top foreign investor. In early 2025, the two countries upgraded their relationship to a Comprehensive Strategic Partnership with a new focus on “supporting further cooperation in capital market initiatives, including securities market connectivity and depository receipt initiatives.”

Mr. Tan Boon Gin affirmed that SGX's participation in today's event is part of its efforts to promote cooperation in the capital market. At the exchange level, in 2024, SGX also signed a bilateral Memorandum of Understanding between VNX and SGX to update the 2007 Memorandum of Understanding between SGX and the Ho Chi Minh City Securities Trading Center (now the Ho Chi Minh City Stock Exchange - HOSE).

And at the ASEAN level, SGX has also signed a Memorandum of Understanding with all other ASEAN stock exchanges by 2024 to cooperate in providing Depository Receipts.

With many years of experience as a central partner and risk management hub that helps bridge the gap between domestic and international market participants, Mr. Tan Boon Gin believes that the SGX team’s extensive supervisory experience shared in this training session will help participants in their risk management activities – which is especially important as Vietnam strives to upgrade to emerging market status.

Through the training program, participants can better understand the subjects related to securities companies and the risks from those related subjects in the process of domestic business operations and international capital market integration; the process of building an effective risk management strategy; and basic contents of risk management in new market conditions and circumstances (international customer management - customer assessment, customer legal binding, margin management, customer asset protection; cash management...).

After the course, participants are awarded a Certificate of Course Completion.

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Source: https://nhandan.vn/tang-cuong-dao-tao-ve-quan-tri-rui-ro-cho-cong-ty-chung-khoan-post895224.html