Clifford Chance
Vietnam Investment Guide - Capital Markets
23 July 2014
In Vietnam, there are two centralised securities markets, the Ho
Chi Minh City Stock Exchange (“HOSE”) and the Hanoi Stock
Exchange (“HNX”).
The listing requirements applicable to companies wishing to
list on HOSE and HNX are different. For instance, a company
wishing to list on the HOSE must have conducted a profitable
business operation for the two consecutive years immediately
preceding the year of registration. However, a company
wishing to list on the HNX need only have profitable business
operations for the year immediately preceding the year of
registration.
