Vietnam and Japan share experience in stock market management and supervision

At the meeting, the President of Japan Financial Services Agency Nakajima Junichi welcomed the delegation who visited and worked with JFSA this time; At the same time, he expressed his belief that the professional meetings with the JFSA’s authorities will bring many practical results, contributing to supporting the management and supervision of the Vietnamese stock market. more effective. President of the Japan Financial Services Agency Nakajima Junichi also added that, right after the meeting with Minister of Finance Ho Duc Phuoc in Vietnam in March, the JFSA leader directed the functional units. immediately implement specific tasks, in order to promote cooperation projects between Japan and Vietnam in the financial field in general, including securities and securities market.

SSC President Vu Thi Chan Phuong thanked JFSA for the warm welcome to the delegation, as well as the close cooperation between the two agencies during the past time; highly appreciated JFSA’s practical and effective support for SSC through experience sharing sessions on market management and supervision, as well as on staff training, which has contributed to promoting the development of SSC. development of the Vietnamese stock market.

In the coming time, SSC President Vu Thi Chan Phuong hopes that JFSA will continue to pay attention and support SSC in particular and Vietnam’s stock market in general, especially in coordination with the Japan International Cooperation Agency. Ban (JICA) implements the project “Strengthening capacity on promoting the efficiency of Vietnam’s stock market” for the period 2024 – 2027.

“For staff training, we hope that JFSA will continue to coordinate, strengthen and deepen cooperation in the field of training and fostering knowledge and skills for SSC’s staff; as well as continue to support SSC in bringing staff to study and work at JFSA, in order to increase knowledge and practical experience in the management, supervision and development of the stock market” – SSC Chairman shared. more.

During her working time in Japan, SSC Chairwoman Vu Thi Chan Phuong and the Delegation worked with functional units of JFSA on the practice of market management and supervision, especially the 3-level supervision mechanism. on the Japanese stock market, including: Securities company – Stock Exchange – State management agency.

The functional units of JFSA have shared experience in monitoring and investigating violations in the stock market such as insider trading, stock price manipulation and information disclosure violations in the market. Japanese stocks.

The delegation also shared that the working session with JFSA’s authorities has brought about highly practical experiences. This is an opportunity for the staff in the Mission to study and apply research in accordance with the reality and context of Vietnam, contributing to support the Vietnamese stock market to develop more transparently and sustainably. next time.