Difference between revisions of "Ho Chi Minh Stock Exchange"

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The exchange formerly operated under the name Ho Chi Minh City Securities Trading Center or HoSTC.
The exchange formerly operated under the name Ho Chi Minh City Securities Trading Center or HoSTC.


HOSE serves as Vietnam's issuer of government bonds. It is also recognized as the country's secondary market for various bond issues. All of the exchange's transactions use the Vietnamese Dong, Vietnam's currency. HOSE uses an automated order-matching system that can process 300,000 orders every day.  
HOSE serves as Vietnam's issuer of government bonds. It is also recognized as the country's secondary market for various bond issues. All of the exchange's transactions use the Vietnamese Dong, Vietnam's currency. HOSE uses an automated order-matching system that can process 300,000 orders every day.<br>{{cite web|url=http://www.tradingstocks.com/world-exchanges/?Ho-Chi-Minh-Stock-Exchange&i=3&lid=166&pageloc=|name=World Exchanges, Ho Chi Minh Stock Exchange|org=TradingStocks.com|date=September 24, 2008}}</ref>





Revision as of 22:02, 24 September 2008

Ho Chi Minh Stock Exchange
Founded 2000
Headquarters Ho Chi Minh City, Vietnam
Products securities market

The Ho Chi Minh Stock Exchange (HOSE) was established in 2000 and operates the biggest securities market in Vietnam. HOSE is an administrative agency of the State Securities Commission and is owned and regulated by Ministry of Finance of Vietnam. Since August 2007, HOSE operates as a Limited Company in order to better meet local market needs.

The exchange formerly operated under the name Ho Chi Minh City Securities Trading Center or HoSTC.

HOSE serves as Vietnam's issuer of government bonds. It is also recognized as the country's secondary market for various bond issues. All of the exchange's transactions use the Vietnamese Dong, Vietnam's currency. HOSE uses an automated order-matching system that can process 300,000 orders every day.
World Exchanges, Ho Chi Minh Stock Exchange. TradingStocks.com.</ref>



History[edit]

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Ho Chi Minh City Securities Trading Center officially launched its trading activities on the 28th of July. There were only two equity issues listed at first, the Refrigeration Electrical Engineering Joint Stock Corporation or REE and the Saigon Cable and Telecommunication Material Joint Stock Company or SACOM.

Whenn HoSTC began its operations, the total foreign ownership limit for all equities was 20 percent, and 40 percent for bonds. The ownership limit was later raised to 30 percent.

Products and Services[edit]

Key People[edit]

References[edit]