Vietnam exchanges get approval to use circuit breakers If needed

A woman burns a replica paper of Kitchen Gods and money on Kitchen God's Day as part of the traditional Vietnamese lunar new year celebrations, the biggest festival of the year, in front of a hairdressing salon in Hanoi, Vietnam February 4, 2021. - Reuters

HO CHIH MINH CITY, Jan 5 (Agencies): Stock exchanges in Vietnam obtained the approval of the State Securities Commission to use circuit breakers whenever necessary, according to a government website statement citing a Ministry of Finance circular.

The State Securities Commission will be in charge of applying the circuit breakers or those measures combined with trading bands, depending on market conditions, the statement said.