Stock Exchange

This would be the first step for Vietnam’s state firms to list shares on international stock exchanges.

Under the decision, the Vietnam Stock Exchange (VNX) would operate under the form of single member limited liability company and 100% owned by the Ministry of Finance.

The new agreement will help cut short processing time for listed firms and prevent disruption to trading activities.

The new change is set to take effect from March 3, 2021, under a SSC’s instruction once a technological solution could fully solve the current overload issue on HOSE.

Cement, petroleum and retail stocks are those that could see strong rises in 2021.

At the close of today, Thai Nguyen International Hospital received strong attention from investors with the share prices going up by a maximum of 20% against the reference price to VND30,000 (US$1.31).

Fears of the nCoV, also known as the Wuhan virus, have sent major bourses in Asia and Europe tumbling.

Encouraging FDI firms to list locally would help supervise their performance as the companies would be managed by not only local authorities but also investors, shareholders, and the local stock exchanges.