Hanoi Stock Exchange

Hanoi Stock Exchange
TypeStock exchange
LocationHanoi, Vietnam
Founded3 August 2005; 19 years ago (2005-08-03)
OwnerVietnam Ministry of Finance
WebsiteExchange website

Hanoi Stock Exchange (HNX), formerly the Hanoi Securities Trading Center (Hanoi STC)[1] until 2009, is located in Hanoi, Vietnam, and was launched in March 2005. It handles auctions and trading of stocks and bonds. It was the second securities trading center to open in Vietnam after the Ho Chi Minh City Securities Trading Center.

At the end of 2006, combined market capitalization of both Ho Chi Minh City Securities Trading Center and Hanoi Securities Trading Center was 14 billion USD, or 22.7% the GDP of Vietnam.

Foreign investors are also permitted to invest up to a limit of 49% ownership of companies except banks, where the limit was 30%.

On 18 May 2015, the HNX joined the United Nations Sustainable Stock Exchanges (SSE) initiative as part the SSE's regional dialogue in Bangkok hosted by the Stock Exchange of Thailand.[2]

From 2020, HNX served as Vietnam's bonds exchange while all stock tradings were transferred to HOSE.

The Prime Minister issued Decision No. 37/2020/QD-TTg on December 23, 2020, establishing of the Vietnam Stock Exchange. Accordingly, The Hanoi Stock Exchange and Ho Chi Minh Stock Exchange became subsidiaries with 100% of charter capital owned by the Vietnam Stock Exchange.

See also

References

  1. ^ "Asean Exchanges : The Market". Archived from the original on 2018-12-03. Retrieved 2014-03-17.
  2. ^ "South East Asian Capital Market Leaders Pursue Sustainable Business Agenda". SSE Initiative. Retrieved 23 May 2015.


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