Commodity derivatives market gets new development plan

The project will provide a foundation for strengthening the legal framework governing commodity derivatives, including a draft Law on Commodity Derivatives Trading now being prepared for submission to the National Assembly. It also aims to develop a transparent, safe, and efficient market based on market principles and aligned with international practices.

By 2030, Vietnam aims to develop products linked to around 10 competitive commodities, establish domestic reference prices for three to five key commodities, and reach up to 10 million contracts annually./.