Hanoi Stock Exchange to Open on June 24

Posted by Reading Time: < 1 minute

Jun. 15 – Vietnam will soon re-launch the Hanoi Securities Trading Center as the Hanoi Stock Exchange to serve as a new trading floor for unlisted public companies on June 24.

The country’s main bourse will still be the Ho Chi Minh Stock Exchange while the Hanoi Stock Exchange will provide the market for listed medium and small shareholding companies and government bonds.

So far, Vietnam has over 1,400 shareholding companies, with 166 of them listed on the Ho Chi Minh Stock Exchange and another 196 found on the Hanoi Securities Trading Center. Foreigners will be allowed to buy a maximum stake of 49 percent in companies and 30 percent in banks in all the three markets, reports Dow Jones.