Vietnam plans to streamline commodity hedging rules
Regulator to simplify approval process for trades, but the market will take time to develop
The State Bank of Vietnam (SBV) is preparing to issue a new law that will make it easier for companies in the country to manage their commodity risk, but it may take more than legislation to encourage better hedging practices.
"One of the major obstacles to developing a commodity derivatives market in Vietnam has been a lack of regulation from the government, which prevents corporates entering hedging positions, even though they might have a huge exposure to commodity price fluctuations," says
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