ROADMAP OF RESTRUCTURING THE STOCK TRADING MARKET
The Circular No. 57/2021/TT-BTC providing the roadmap of restructuring the stock trading market, bond trading market, derivatives trading market, and trading market for other types of securities is promulgated by the Ministry of Finance on July 12, 2021.
Accordingly, by the end of June 30, 2025 at the latest, the Ho Chi Minh City Stock Exchange shall uniformly organize the trading market for listed stocks, fund certificates and covered warrants and trading market for stocks of institutions registering for trading as follows:
Before July 01, 2023, the Ho Chi Minh City Stock Exchange shall receive and examine dossiers for listing registration of, and organize trading in, new stocks of institutions that satisfy listing conditions specified in the Decree No. 155/2020/ND-CP and have a charter capital of at least VND 120 billion contributed by the time of listing registration. As from July 01, 2023, to receive and examine dossiers for listing registration of, and organize trading in, new stocks of institutions according to listing conditions specified in the Decree No. 155/2020/ND-CP.
Besides, from July 01, 2023, through December 31, 2023, the Ho Chi Minh City Stock Exchange shall receive stocks of listing institutions from the Hanoi Stock Exchange; and from January 01, 2025, through June 30, 2025, the Ho Chi Minh City Stock Exchange shall receive stocks of institutions registering for trading from the Hanoi Stock Exchange.
In addition, the Hanoi Stock Exchange shall uniformly organize the bond trading market by the end of December 31, 2022 at the latest.
This Circular takes effect on July 20, 2021.
