Hanoi bourse upgraded to stock exchange

Prime Minister Nguyen Tan Dung has given the go-ahead to the Hanoi Securities Trading Centre (HASTC) to turn itself into the Hanoi Stock Exchange.

The Hanoi Stock Exchange will operate under the model of a State-owned one-member limited liability company, according to the PM’s Decision 01/2009/QD-TTg.

The stock exchange has a charter capital of 1 trillion VND (roughly 58.8 million USD), including the amount of capital transferred from the HASTC.

It will inherit all rights and obligations from HASTC as well as fulfill those set out in the Securities Law and the Enterprise Law.

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