The Hanoi Stock Exchange (HNX) headquarters. (Photo: hnx.vn)

The VNX will be a one-member limited liability company, wholly owned by the State, headquartered in Hanoi, with a charter capital of more than 129 million USD.

VNX will have its own legal status and seal as well as financial, accounting, and auditing regimes. It will be responsible for organizing the securities trading market. Its main tasks will be to develop and enact regulations on listing, securities trading, and disclosure requirements.

The decision establishing the Vietnam Stock Exchange will take effect on February 20, 2021.