NextVIEW Pte Ltd (“NextVIEW”), a Singapore-based leading provider of real time market data solutions, investment decision support software, investor education and financial events in Asia Pacific, will partner with Ho Chi Minh Securities Trading Centre (“HoSTC”) to cooperate in three strategic areas that cover Data Services, Investor Education and International Marketing.
On May 4, 2007, the official signing ceremony of the Memorandum of Understanding (“MOU”) to this effect will take place at HoSTC’s main ballroom at Ho Chi Minh City
Under the terms of the MOU, HoSTC will appoint NextVIEW as international distributor of Vietnam stock market data services and will explore with NextVIEW to launch a joint real-time equities services for Vietnamese investors and securities brokerage community.
HoSTC will work closely with NextVIEW to co-develop investor education materials in Vietnamese language and make available training facilities and manpower support to conduct regular investment seminars so as to bring the level of investment knowledge of Vietnamese investors to international standards.
As part of HoSTC’s international marketing and branding efforts, HoSTC will participate in NextVIEW-organized mega financial events held in major Asian cities, such as the Asia Trader and Investor Convention held in Singapore last month.
To kick start the MOU cooperation, HoSTC will be the Co-organizer and Lead Sponsor for the Vietnam leg of Asia Trader & Investor Convention 2007. ATIC @HCMC, to be held on May 26-27, 2007 at the New World Hotel, Ho Chi Minh City,. aims to attract thousands of Vietnamese investors to the first ever mega investor events held in Vietnam which will feature over 30+ seminars by local and international financial experts over 2 days.
Stephen Lai, CEO of NextVIEW Group comments, “As the only Asia-based financial information solutions and investor education provider operating in multiple markets, including emerging markets such as India, China, Pakistan and Vietnam, we have developed an intimate understanding of the needs of the emerging stock exchanges such as Ho Chi Minh Securities Trading Center to provide a reliable and cost effective real-time stock data services and comprehensive investor education programs in local language to support the development of a sustainable and fair marketplace for all stock investors. Through the MOU with Ho Chi Minh Securities Center, we also hope to build an important bridge to connect international investors with the fast expanding Vietnam financial markets”.
