BNP Paripas Introduces Risk Hedging Skills in Vietnam
Vietnam’s central bank and the BNP Paripas Bank last week held a seminar to introduce skills to forecast market movements and manage risks for investment when international financial markets regularly change.
Accordingly, using derivative tools is considered as an efficient measure to prevent risks in the investment activities of Vietnamese credit organizations.
These derivative tools include options, forward, right, futures, swaps and others.
Reportedly, BNP Paribas opened a representative office in Ho Chi Minh City in 1989 and was the first foreign bank to open branches in Vietnam in 1992.
Banking Times