MoF gives solutions to stabilize stock market

VNGOP – The Ministry of Finance (MoF) just presented some solutions to stabilize the stock market, including the plan to schedule the IPO of some enterprises in conformity with the market conditions.

February 05, 2008 7:15 AM GMT+7

Investors on the bourse – Illustration photo

The MoF will direct joint-stock enterprise to select and sell out their shares to proper strategic partners through agreements in line with regulations. Foreign investors are permitted to take part in the auctions and buy shares in foreign currencies.

The State Bank will continue to buy foreign currencies to balance the market.

By Xuân Hồng