The State Securities Commission (SSC) has stopped the business
operations of Vien Dong Securities JSC (VDSE) in the local market,
according to Decision No 884/QD-SSC, dated August 23.
The local market experienced losses this morning due to the fall of two
large caps, PetroVietnam Gas Joint Stock Corporation (GAS) and Bank for
Foreign Trade of Vietnam (VCB).
More than 16,000 businesses were either dissolved or
suspended operations during the first two months of this year, said the
General Statistics Office.