Trading through commodity exchanges would help mitigate risks for both buyers and sellers and fair, competitive prices for Vietnamese agricultural products as well as prevent the recurring crashing of prices when farmers have bumper crops, speakers told a seminar in HCM City last week.
The HCM City Department of Industry and Trade, Department of Agriculture and Rural Development and the Mercantile Exchange of Vietnam (MXV) signed on August 14 a cooperation agreement to set up a pork trading floor in HCM City.
The exchange has conducted research and added new features to the M-System dedicated to options trading, helping members, businesses, and investors easily manage their portfolios.
The Mercantile Exchange of Vietnam (MXV) is to play an increasingly important role in global trade with changes in the Southeast Asia economy''s supply and demand can impact the listed prices of commodities on global exchanges.
International trade saw significant upticks with an average daily exchange of VND5 trillion daily, with some days at over VND10 trillion, and more than 4,000 new accounts d during the year 2022, according to the Mercantile Exchange of Vietnam (MXV).