China and Vietnam have signed a memorandum of understanding on cooperation in supervision of securities and futures markets, the China Securities Regulatory Commission (CSRC) said Thursday in Beijing.

The document was signed Tuesday by Shang Fulin, CSRC chairman, and his Vietnamese counterpart Tran Xuan Ha, according to a press release issued by the CSRC.

The CSRC said the two countries will improve their cooperation in supervision and exchange of information in a bid to facilitate the healthy development of their capital markets.

So far, China has signed such memos with the securities and futures supervision authorities of 26 countries and regions. These countries and regions include the United States, the Republic of Korea, Japan and several countries in Europe and Southeast Asia.

Source: Xinhua