Hochiminh Stock Exchange

Exchange entity Hochiminh Stock Exchange (HOSE)
Conducts business in Vietnam
Number of listed companies (dec./16) 320
Domestic market capitalization (in Millions USD, dec./16) 67,080
Has signed the SSE Commitment Letter? Yes
Has prepared SSE Communication to Stakeholders? Yes
Requires ESG reporting as a listing rule? Yes
Offers written guidance on ESG reporting? Yes
Offers ESG related training? Yes;
Provides sustainability-related indices? Yes
  • Sustainability Index (VNSI) launched on 24 July 2017. VNSI measures the performance of the top 20 sustainable listed companies on HOSE. Constituents are selected from the VN100 (100 largest companies on HOSE).
Has green bond listings? No, but working on developing
Additional Information
  • In parallel with the launch of the sustainability index, the HOSE exchange is working on implementing green corporate bond listing
  • HOSE is part of the governmental Vietnam Green Growth Strategy with the support from GIZ (Germany)
Organizational model of stock exchange
  • Governmental not for profit
Regulatory bodies
  • State Securities Commission (SSC)
Regulatory model
  • Government (Statutory) Model The State Securities Commission is an organization under the Ministry of Finance, charged with the functions of exercising the State regulation of securities and securities market, direct regulation and supervision of activities in securities and securities market, management of public services in the fields of securities and securities market in accordance with applicable laws. HoChiMinh Stock Exchange is empowered to issue Regulations on Listing, Trading, Membership, Market Surveillance, etc. for those activities on its marketplace.
About the stock exchange
  • Location: Ho Chi Minh City, Vietnam In an effort to industrialize and modernize the country, maintain stable economic growth and restructure the economy to enhance its efficiency and competition, Vietnam had needed huge capital of investment. Therefore, building securities market in Vietnam had become urgent demand to mobilize mid-term and long-term capital within as well as outside the country into economic investment through debt securities and capital securities. In addition, equitization of state-owned enterprises along with establishment and development of securities market would create opener and healthier business environment. On July 10th 1998, the Prime Minister signed Decree No. 48/1998/ND-CP on stock and securities market and a Decision to set up two (02) securities trading centers at Hanoi and Ho Chi Minh City.On July 20th 2000, the Ho Chi Minh City Securities Trading Center was officially put into operation and executed the first trading session on July 28th 2000 with 2 types of listing stocks. After 7 years of growing and integrating into the global securities market, the government signed Decision No. 599/QD-TTg on May 11th 2007 to transfer the Ho Chi Minh City Securities Trading Center to Hochiminh Stock Exchange (HOSE). On August 8th 2007, Hochiminh Stock Exchange was officially opened. Source
Ownership of Exchange (Shares >4% only) Share
Vietnam Ministry of Finance 100.00%