Frequently Asked Questions (FAQ)

Stocks, Closed-end Fund Certificates, ETF Fund Certificates, Covered Warrants, Bonds, etc.

HOSE is the abbreviation of Ho Chi Minh City Stock Exchange. Established in 2007 under the Prime Minister’s Decision. HOSE is a state-owned legal entity, organized as a single-member LLC, operating under the Securities Law, Enterprise Law, the Charter of the Stock Exchange and other relevant legal provisions.

HOSE opens trading sessions from 9:00 to 15:00 on weekdays from Monday to Friday, with a break from 11:30 to 13:00 for trading again. HOSE will be closed on weekends, Saturdays, Sundays and holidays according to regulations…

Continuous order matching method.

(1) Even lot transactions:

– 9:00 to 9:15: Periodic order matching determines opening price.

– 9:15 to 14:30: Continuous order matching (mid-session break from 11:30 to 13:00).

– 14:30 to 14:45: Periodic order matching determines closing price.

(2) Odd lot transactions:

– 9:15 to 14:30: Continuous order matching (mid-session break from 11:30 to 13:00).

Odd-lot orders are matched continuously from 9:15 a.m. to 2:30 p.m., with a break from 11:30 a.m. to 1:00 p.m

– Periodic order matching session 1: LO, ATO. 

– Continuous order matching session 2: LO, MTL. 

– Periodic order matching session 3: LO, ATC.

Negotiated transactions at HOSE will be executed throughout the session from 9:00 a.m. to 3:00 p.m.; with a break from 11:30 a.m. to 1:00 p.m.

Bond transactions at HOSE will be executed throughout the session from 9:00 a.m. to 3:00 p.m.; with a break from 11:30 a.m. to 1:00 p.m.

Enterprises must meet the following conditions:

+ Continuously profitable for 2 years.

+ At least 1 year of operation in the form of a joint stock company (except for state-owned enterprises equitized with listing activities).

+ Charter capital of at least VND 80 billion (recorded on accounting book value) and must have at least 100 shareholders outside the company holding at least 20% of shares. For foreign joint ventures, it is necessary to reorganize into a joint stock company to be listed on the exchange.

+ ROE – The ratio of profit on equity in the most recent year is at least 5%, no overdue debt for more than 1 year, no accumulated loss up to the time of registration for listing.

+ Accept audit and publicize financial reports every quarter of the year.

– Matching orders in even lots: 100 shares/fund certificates/warrants per order. 

– Matching orders in odd lots: 1 to 99 shares/fund certificates/warrants per order. 

– Put through transactions: from 20,000 to a maximum of 500,000 shares/fund certificates/warrants per order. 

– Bonds: 1

(1) Order matching method:

– For stocks and fund certificates:

– For ETF certificates, warrants: 10 VND for all prices. 

(2) Put through transactions, Bonds: 1 VND.