Ho Chi Minh Stock Exchange
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Ho Chi Minh Stock Exchange
Ho Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, 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 Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members. The current HCMSE building formerly housed the Senate of the Republic of Vietnam until the Fall of Saigon in 1975. According to Decision No. 599/2007/QD-TTg of the Prime Minister in 2007, HCM Securities Trading Center was transformed into HCM Stock Exchange, with initial charter capital of VND 1,000 billion and the Ministry of Finance as the owner representing the agency. The charter capital was adjusted to VND 2,000 billion in 2015. The Prime Minister issued Decision No. 37/2020/QD-TTg on December 23, 2020, establishing of the Vietnam Stock Exchange. Accordingly, The Hanoi Sto ...
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Ho Chi Minh City
, population_density_km2 = 4,292 , population_density_metro_km2 = 697.2 , population_demonym = Saigonese , blank_name = GRP (Nominal) , blank_info = 2019 , blank1_name = – Total , blank1_info = US$61.7 billion , blank2_name = – Per capita , blank2_info = US$6,862 , blank3_name = GRP ( PPP) , blank3_info = 2019 , blank4_name = – Total , blank4_info = US$190.3 billion , blank5_name = – Per capita , blank5_info = US$21,163 , blank6_name = HDI (2020) , blank6_info = 0.795 ( 2nd) , area_code = 28 , area_code_type = Area codes , website = , timezone = ICT , utc_offset = +07:00 , postal_code_type = Postal code , postal_code = 700000–740000 , iso_code ...
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Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expanded ...
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Prime Minister Of Vietnam
The prime minister of Vietnam ( vi, Thủ tướng Việt Nam), officially styled as the Prime Minister of the Government of the Socialist Republic ( vi, Thủ tướng Chính phủ nước Cộng hòa Xã hội chủ nghĩa), is the head of government of Vietnam who presides over the meetings of the Central Government (formerly the Council of Ministers). The prime minister directs the work of government members, and may propose deputy prime ministers to the National Assembly. The head of government is responsible to the National Assembly and serves as the Deputy Chairman of the Council for Defence and Security. Moreover, prime minister is also Chairman of the Council for National Education, Standing Member of the Central Military Commission and the Central Police Party Committee. The tenure of a prime minister is five years, and the term is renewable once. The current prime minister Phạm Minh Chính has served since 2021. In case of incapacity, a deputy prime minister assum ...
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South Vietnam
South Vietnam, officially the Republic of Vietnam ( vi, Việt Nam Cộng hòa), was a state in Southeast Asia that existed from 1955 to 1975, the period when the southern portion of Vietnam was a member of the Western Bloc during part of the Cold War after the 1954 division of Vietnam. It first received international recognition in 1949 as the State of Vietnam within the French Union, with its capital at Saigon (renamed to Ho Chi Minh City in 1976), before becoming a republic in 1955. South Vietnam was bordered by North Vietnam to the north, Laos to the northwest, Cambodia to the southwest, and Thailand across the Gulf of Thailand to the southwest. Its sovereignty was recognized by the United States and 87 other nations, though it failed to gain admission into the United Nations as a result of a Soviet veto in 1957. It was succeeded by the Republic of South Vietnam in 1975. The end of the Second World War saw anti-Japanese Việt Minh guerrilla forces, led by communist fi ...
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Fall Of Saigon
The Fall of Saigon, also known as the Liberation of Saigon by North Vietnamese or Liberation of the South by the Vietnamese government, and known as Black April by anti-communist overseas Vietnamese was the capture of Saigon, the capital of South Vietnam, by the People's Army of Vietnam (PAVN) and the National Liberation Front of South Vietnam (Viet Cong) on 30 April 1975. The event marked the end of the Vietnam War and the start of a transition period from the formal reunification of Vietnam into the Socialist Republic of Vietnam. The PAVN, under the command of General Văn Tiến Dũng, began their final attack on Saigon on 29 April 1975, with the Army of the Republic of Vietnam (ARVN) forces commanded by General Nguyễn Văn Toàn suffering a heavy artillery bombardment. By the afternoon of the next day, the PAVN and the Viet Cong had occupied the important points of the city and raised their flag over the South Vietnamese presidential palace. The capture of the ci ...
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Hanoi Stock Exchange
Hanoi Stock Exchange (HNX), formerly the Hanoi Securities Trading Center (Hanoi STC) until 2009, is located in Hanoi, Vietnam, and was launched in March 2005. It handles auctions and trading of stocks and bonds. It was the second securities trading center to open in Vietnam after he 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, or 22.7% the GDP of Vietnam. 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. From 2020, HNX served as Vietnam's bonds exchange while all stock tradings were transferred to HOSE. See also *Ho Chi Minh City Stock Exchange Ho Chi Minh St ...
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VN-Index
Ho Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, 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 Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members. The current HCMSE building formerly housed the Senate of the Republic of Vietnam until the Fall of Saigon in 1975. According to Decision No. 599/2007/QD-TTg of the Prime Minister in 2007, HCM Securities Trading Center was transformed into HCM Stock Exchange, with initial charter capital of VND 1,000 billion and the Ministry of Finance as the owner representing the agency. The charter capital was adjusted to VND 2,000 billion in 2015. The Prime Minister issued Decision No. 37/2020/QD-TTg on December 23, 2020, establishing of the Vietnam Stock Exchange. Accordingly, The Hanoi Stoc ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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Vietnamese đồng
The dong (Vietnamese: ''đồng'', Chữ Nôm: 銅) (; ; sign: ₫ or informally đ in Vietnamese; code: VND) has been the currency of Vietnam since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. Formerly, it was subdivided into 10 hao (''hào''), which were further subdivided into 10 ''xu'', neither of which are now used due to inflation. The Vietnamese dong has increasingly moved towards exclusively using banknotes, with lower denominations printed on paper and denominations over 10,000 dong, worth about 40¢ dollar or euro, printed on polymer, as of 2022 no coins are used. Generally, Vietnam is moving towards digital payments. As of December 2022, the Vietnamese dong was the third-lowest valued currency unit (behind the Venezuelan bolivar and Iranian rial), with one United States dollar equalling around 23,575 do ...
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Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 24 industry groups, 69 industries and 158 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group. GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to an industry, industry group, and sector, by its principal business activity. "GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc. Classification The classification is as follows: Revisions The classification standard is regularly updated by S&P Dow Jones Indices and MSCI. Numerous changes over the years have resulted in the addition, deletion, or redefinition of various sub-industries, industri ...
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Economy Of Vietnam
The economy of Vietnam is a mixed socialist-oriented market economy, which is the 38th-largest in the world as measured by nominal gross domestic product (GDP) and 26th-largest in the world as measured by purchasing power parity (PPP) in 2022. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization. Since the mid-1980s, through the Đổi Mới reform period, Vietnam has made a shift from a highly centralized command economy to a mixed economy. This economy uses both directive and indicative planning through five-year plans, with support from an open market-based economy. Over that period, the economy has experienced rapid growth. In the 21st century, Vietnam is in a period of being integrated into the global economy. Almost all Vietnamese enterprises are small and medium enterprises (SMEs). Vietnam has become a leading agricultural exporter and served as an attractive destination for foreign i ...
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Hanoi Securities Trading Center
Hanoi Stock Exchange (HNX), formerly the Hanoi Securities Trading Center (Hanoi STC) until 2009, is located in Hanoi, Vietnam, and was launched in March 2005. It handles auctions and trading of stocks and bonds. It was the second securities trading center to open in Vietnam after he 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, or 22.7% the GDP of Vietnam. 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. From 2020, HNX served as Vietnam's bonds exchange while all stock tradings were transferred to HOSE. See also *Ho Chi Minh City Stock Exchange Ho Chi Minh St ...
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