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

Hanoi Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi is ...

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 i ...

, and was launched in March 2005. It handles

auction An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...

s and trading of

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

s 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 The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

, or 22.7% the

GDP Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is ofte ...

. 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 ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the ...

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

HOSE A hose is a flexible hollow tube designed to carry fluids from one location to another. Hoses are also sometimes called ''pipes'' (the word ''pipe'' usually refers to a rigid tube, whereas a hose is usually a flexible one), or more generally '' ...

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