Approved Proposal for establishing the Vietnam Stock Exchange

On 07/01/2019, the Prime Minister issued Decision No. 32/QD-TTg approving the Proposal for establishing the Vietnam Stock Exchange. The overall objective of the Proposal is to establish the Vietnam Stock Exchange according to the parent-subsidiary model based on the rearrangement of Hanoi Stock Exchange (HNX) and Ho Chi Minh Stock Exchange (HOSE) in order to unify the securities trading market, ensure the market to operate efficiently, fairly, publicly and transparently, strengthen the management, supervision and protection of legitimate rights and interests of market participants, contribute to upgrading Vietnam’s stock market, improve competitiveness and gradually approach international standards and practices.