The first transaction on HCMC stock market in 2015 - The first transaction on HCMC stock market in 2015 - Website Ho Chi Minh City
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| On January 5, Vice Chairwoman of HCMC People’s Committee Nguyen Thi Hong participated into opening ceremony of stock market in 2015 at HCMC Stock Exchange (HOSE) |
Mr. Tran Dac Sinh, Chairman of HOSE said the capitalization of Vietnam stock market currently stayed at VND 1,000 trillion from 307 listed companies ,48 million fund certificates, 67 million bonds are listed and traded on HOSE. The average liquidity in the market stayed over VND2,100 billion/trading session. About 1,5 million accounts from domestic and foreign investors are participating into transaction activities together with consultancy and services provided by 89 stock companies
In 2015, HOSE is planning to co-operate with members to carry out a series of promotion activities of stock market. These activities will bring the stock market and enterprises closer to investors. Then, investors will better understand about their opportunities , tools or services provided as well as forms of transaction, it is easier for investors to grasp financial ability and activities of listed companies for their investment.
According to Mr. Pham Minh Tri, Head of HCMC Board of Business Management Innovation, in 2014, HCMC has successfully conducted equitization and auction for 10 State owned enterprises with total shares of 24,000, total transferred value of VND 345 billion, accounting for 42,8% of total share value put up for auction.
HCM CityWeb
2015 is the final year of implementation of restructure and privatization of State owned companies under direction of Prime Minister. Accordingly, HCMC have to complete privatization of 20 State owned companies with total value of VND 4,400 billion and to divest outside the sector business capital valued at VND 1000 billion.
