The Ha Noi Stock Exchange on Friday signed a memorandum of understanding with the Stock Exchange of Thailand in an effort to promote co-operation between the two exchanges.
Under the MoU, both exchanges would continue collaborative ties in training and in provision of investment opportunities through networking and business co-ordination efforts designed to increase services and added value for the listed companies.
The two exchanges also planned to promote dual listings once the laws and regulations of their respective markets were to permit them.
"The agreement is expected to strengthen the relationship that already exists between our two exchanges, paving the way for closer and more effective co-operation and advance our mutual benefit," said Ha Noi Stock Exchange Director Tran Van Dung.
The agreement would allow them to tighten the bonds between the financial markets of Thailand and Viet Nam, contributing to the integration of the ASEAN economic community, Dung said.
Thailand Stock Exchange president Patareeya Benjapolchai said he expected to continue achieving the collaborative framework and the long-term and fruitful development and engagement of the two exchanges.
"The stronger co-operation and relationship will provide more business and investment opportunities not only for the exchanges, but also for all market participants," he said.
According to a recent survey conducted by the Thailand Stock Exchange, listed companies in Thailand rated Viet Nam among the top three countries for business opportunities.