Hanoi Stock Exchange
Hanoi Stock Exchange, formerly the Hanoi Securities Trading Center located in Hanoi, Vietnam, was launched in March 2005 and handles auctions and trading of stocks and bonds. The Hanoi STC was renamed in 2009 to the Hanoi Stock Exchange. It was the second securities trading center to open in Vietnam after to 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 is 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 30% in banks.
On 18 May 2015, the HNX joined the United Nations Sustainable Stock Exchanges initiative as part the SSE's regional dialogue in Bangkok hosted by the Stock Exchange of Thailand.
From 2020, HNX will serve as Vietnam's bonds exchange while all stock tradings will be transferred to HOSE.
