The lack of an open and transparent interest rate index for benchmarking is a major barrier to Vietnam's plans to create a domestic derivatives market, according to global players active in the local market.
In March this year, the Vietnamese government announced plans – known as 366/QD-TTg – to overhaul the country's legal framework in order to develop the nascent local derivatives market.
The initiative has three phases. The basic legal framework and infrastructure will be built between 2014 a
The week on Risk.net, July 7-13, 2018Receive this by email