3:33:16 PM | 17/3/2010
Hanoi Stock Exchange (HNX) on March 9 held a ceremony to mark it fifth birthday. HNX officially became operational on March 8, 2005, and organized three types of securities exchanges/markets operated on a common modern technology architecture
HNX has 266 listed firms and the bond market has total value of VND140 trillion (about 10 % GDP 2009). The UPCoM market has 40 enterprises registering to trade shares.
In addition, during past five years, HNX has organised 158 government bond tenders, raising VND41 trillion for the State Budget.
The first dollar g-bonds worth $460 million were sold at the HNX in 2009, at average winning coupon of 3.4 %.
Over the past five years, HNX has established strategic cooperation and signed memorandums of understanding with many stock exchanges in the world such as New York-Euronext Stock Exchange, London Stock Exchange, Korea Stock Exchange and Singapore Stock Exchange.
Q.C