Thursday, August 14, 2008

Vietnam September 1 Bank And Financial Bridge Holiday

Sources: Vietnam State Securities Commission (Hanoi) and Vietnam public holidays (qppstudio.net). The Vietnam State Securities Commission has declared that, due to the Tuesday, September 2, public holiday, Monday, September 1, 2008, would be an exchange holiday in Vietnam which means that there will be no trading, settlement and clearing activity on this date, and the Vietnam Securities Depository, the Ho Chi Minh Stock Exchange and the Hanoi Securities Trading Center will be closed.

Banks are generally expected to follow suit, and it is still possible that the government will declare a general bridge public holiday on Monday, September 1, 2008. We will publish an update as soon as this is confirmed or infirmed.