Hanoi Stock Exchange (HNX), formerly the Hanoi Securities Trading Center (Hanoi STC) until 2009, is located in

Hanoi Hanoi ( ; ; ) is the Capital city, capital and List of cities in Vietnam, second-most populous city of Vietnam. The name "Hanoi" translates to "inside the river" (Hanoi is bordered by the Red River (Asia), Red and Black River (Asia), Black Riv ...

Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...

, and was launched in March 2005. It handles

auction An auction is usually a process of Trade, buying and selling Good (economics), goods or Service (economics), services by offering them up for Bidding, bids, taking bids, and then selling the item to the highest bidder or buying the item from th ...

s and trading of

stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...

s 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 The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

, or 22.7% the

GDP Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance o ...

. 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 The Stock Exchange of Thailand (, ; SET) has been the sole stock exchange operator in Thailand since its establishment on 30 April 1975. As of 8 April 2025, with a market capitalization of US$380.19 billion (excluding mai) at an exchange rate ...

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

HOSE A hose is a flexible hollow tube or pipe designed to carry fluids from one location to another, often from a faucet or hydrant. Early hoses were made of leather, although modern hoses are typically made of rubber, canvas, and helically wound w ...

. 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 Ho Chi Minh Stock Exchange (HOSE, HoSE, or HSX), formerly the HCMC Securities Trading Center (HoSTC), is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietna ...

became subsidiaries with 100% of charter capital owned by the Vietnam Stock Exchange.

References

External links

Official website
Financial services companies established in 2005 2005 establishments in Vietnam Economy of Vietnam Economy of Hanoi Stock exchanges in Vietnam {{stockexchange-stub

See also

References

External links