September 22, 2023 | 16:00 (GMT+7)
PM Pham Minh Chinh opens NYSE trading session
Prime Minister Pham Minh Chinh rang the bell to open a trading session at the New York Stock Exchange (NYSE) on September 21 morning (U.S. time) while visiting the world largest stock exchange.
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Prime Minister Pham Minh Chinh rings the bell to open a trading session at the NYSE on September 21 morning (U.S. time). |
At a brief meeting with NYSE Vice Chairman John Tuttle before the ceremony, PM Pham Minh Chinh expressed his impression at the NYSE capitalization scale at 40 trillion USD.
He asked the NYSE will help spread information on the favorable business and investment environment of Vietnam to investors, while encouraging companies to invest in Vietnam and supporting the connections between the Vietnam stock market with NYSE and other world leading stock exchanges in the context of the sound political relations between Vietnam and the U.S., especially after the elevation of the ties to a comprehensive strategic partnership.
Vietnam also hopes to receive technical support and assistance in personnel training in this field, he stated.
New York is home to two stock exchanges, the NYSE and the NASDAQ which is specialized for high-tech and IT stocks.
The market capitalization of NYSE and NASDAQ is larger than all other stock exchanges in the world. As of January 2023, the capitalization value of companies listed on U.S. stock exchanges accounted for 42% of the global total.
The opening and closing of a trading session at the NYSE begin with a bell sound. In May 2022, PM Pham Minh Chinh also rang the bell to close a trading session at the NYSE during his working trip to the U.S.
Source: VNA