Vietnam Commodity Exchange (VNX), in the business hub of Ho Chi Minh City, is initially licensed for transactions in coffee, rubber and steel, its general director Nguyen Duy Phuong said, according to Vietnam News Agency.
"VNX takes the same form and operation mechanism as other commodity exchange models around the world," he said, adding that customers could trade spot contracts, futures and derivatives.
VNX opened on Tuesday, the news agency said. Vietnam already has two stock exchanges, in Ho Chi Minh City and the capital Hanoi. For the latest updates PRESS CTR + D or visit Stock Market news Today
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