Finance ministry announces roadmap to reorganise stock market

22/07/2021 11:11 8

Finance ministry announces roadmap to reorganise stock market


The Ministry of Finance (MoF) plans to rearrange the securities trading market in a newly-promulgated Circular as a move towards the merging of the two national stock exchanges into one named the Vietnam Stock Exchange (VNX).

The ministry has promulgated Circular No 57/2021 stipulating the roadmap to rearrange the stock market, the bond market and the derivatives market. This Circular takes effect from July 20 this year.

According to the decision, HNX is tasked with organising and operating the derivatives and bond trading market. Meanwhile, HoSE will organise and operate the stock market and other securities trading markets. The current charter capital of HoSE is 1.2 trillion VND and HNX 750 billion VND./.

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