GOOD NEWS FOR VIETNAMESE EXPORTING ENTERPRISES

Vietnamese Commodity Exchange – Mercantile Exchange of Vietnam is going to operate since 16/07/2018

The category of goods, intend to be listed in the Mercantile Exchange, includes 40 main kinds of goods. They are Vietnam’s exporting advantages or Vietnam’s huge importing demand in manufacturing or trading such as rice, sugar, coffee, rubber, pepper, soy bean, corn, cashew, tea, aluminum, copper, iron, steel,…

This is the only organization operate in commodity exchange licensed by Vietnamese Ministry of Industry and Trade, provide term material transaction for individual and legitimate registered organization

Mercantile Exchange of Vietnam signed the strategy cooperate agreements with other big commodity exchanges as London Metal Exchange, CME Group, Shanghai International Energy Exchange, Shanghai Future Exchange, Tokyo Commodity

• For farmers: commodities trading activities through the Mercantile Exchange will be benefit for farmers to have price insurance tools then lower risks of devaluation for  coffee, rubber,…
• For import export trading enterprises: well known the standard price of each kind of commodity for each month contract, then be able to active in manufacturing and balancing supply and demand
• For individual investors: the release of commodity exchange brings a new investing chance while traditional investing channels facing difficulties.

Together with Mercantile Exchange’s advantages and the strict legitimate regulations, in future, commodity trading in Vietnam will be developed, and contribute to the development of national economy.

 Source: Ministry of Industry and Trade