Annual Report
%l2&l27+£1*1,1
Annual Report
%l2&l27+£1*1,1
0&/& / INDEX
3KQ,,,
6ệ/LẫX7KệQJ.
Part III
Statistics
3KQ,,
1L'XQJ
Part II
Contents
3KQ,
*LỗL7KLẫX6ồửế7ì&KỏF
6ố*'&.73+&0+26(
Part I
About Us & Organization Chart
7+1*ử,3&$&+7&++,ử1*48n175 8
MESSAGE FROM CHAIRMAN 9
/Ô,7Â$&$71**,m0ử& 10
MESSAGE FROM CEO 11
6Êử7&+&6Ư*'&.73+&0+26( 12
ORGANIZATION CHART 13
+,ử1*48n175
BOARD OF DIRECTORS 14
%$171**,m0ử&
THE MANAGEMENT 15
ử,1*&m1%48n1/ê
MANAGERIAL PERSONNEL 16
/2p,&P+,8&ể.+,/ăNGG,$2'&+/ƠNN
+s7NwM 45
TOP TEN OF HIGHEST TRADING VOLUME IN 2010 45
/2p,&3+,8&*,m75*,$2'&+/Ơ11+s71w0 45
TOP TEN OF HIGHEST TRADING VALUE IN 2010 45
'$1+6m&+7l,.+2n1 46
LIST OF ACCOUNTS 2010 46
Trang / Page
3K´Q,
*LçL7KLÉX6åöÕ7×&KáF
6è*'&.73+&0+26(
Part I
About Us & Organization Chart
7+1*ử,3&$&+7&++,ử1*48n175
7UòỗFKặWWKD\PắW%DQ/QKữRFQJWRđQWKầFQEQKQYLQ6ố*LDRGẻFK&KỏQJNKRQWS+&0
+26(WễL[LQJõLOổLFPồQFKQWKđQKVọTXDQWPKỉWUờWFFFồTXDQTXQOỡFFWKđQKYLQWKDP
JLDWKẻWUòổQJYđFFữệLWFWURQJQòỗFYđTXệFWặữOXễQVWFQKFQJ6ố*LDRGẻFK&KỏQJNKRQ7KđQK
SKệ+ế&Kậ0LQKKRđQWKđQKNặKRFKQạPYđPRQJWLặSWịFQKáQữòờFVọĩQJKWLQWòốQJFĩD4Xỡ
9ẻWURQJWKổLJLDQWỗL
1ạPNLQKWặWKặJLỗLYãQFKòDWKáWVọìQữẻQKVDXNKXQJKRQJWđLFKậQKOđNKĩQJKRQJQờFễQJ
&KXqXFFQQNLQKWặOỗQữDQJữệLPắWYỗLOPSKWVDXFFJéLNậFKFXWạQJWUòốQJ7URQJNKLữéQQ
NLQKWặ9LẫW1DPFíQJFẽQQKóQJYàQữQKòOPSKWWớJLKLẫXTXữXWò7X\Yá\QạPTXDữữầOL
QKLXGàXàQWậFKFọFWURQJFễQJWFữLXKđQKFĩD&KậQKSKĩQKPữệLSKéYỗLFFQKKòốQJWLXFọFFĩD
QQNLQKWặWKặJLỗLFíQJQKòFFYàQữFẽQWếQWLFĩDNLQKWặWURQJQòỗF%ỏFWUDQKWìQJWKầQQNLQK
Wặ9LẫW1DPQạPTXDYãQFKRWKà\QKLXữLầPVQJ7ạQJWUòốQJFQạPOđTX\PễQQNLQKWặOQ
ữXYòờWQJòộQJWớWKPKịWWKòồQJPLWKPKịWWđLNKRQYQJODLWLặSWịF[XKòỗQJữòờFFL
WKLẫQ
7KẻWUòổQJFKỏQJNKRQYỗLYDLWUẽỳKđQWKõELầXỷFĩDQQNLQKWặữFKRWKà\[XKòỗQJWậFKFọFữé1ặX
FKèFạQFỏYđR9Q,QGH[WKấ77&.WURQJQạPTXDGòổQJQKòNKễQJPà\VQJVĩDVRYỗLNKXYọF7X\QKLQ
The year 2011 is the beginning stage for the Vietnam economy in 2011-2020 with the objective of sustainable development
proposed in The 11th Vietnam Communist Party Congress. It is likely that challenges will remain for stock market;
however, HOSE with the whole endeavor and solidarity of all staffs will surely overcome challenges to make stock market
fair, reliable and transparent, performing its crucial role in the national economy.
ON BE HALF OF BOD
(Chairman)
NGUYEN DOAN HUNG
/¤,7¢$&$71**,m0ư&
1¹PO®FÙWPƯF÷¯QKGµXPßỉLQ¹PKÊQKWK®QKY®SK¯WWULÇQFÜDWKỴWỉQJFKáQJNKR¯Q9LÉW1DPY®
FÝQJO®FK¾QJ÷ßỉQJPßỉLQ¹PQØFFÜD6*'&.73+&0+26(WURQJYLÉFWKäFKLÉQVáPÉQKW×FKáF÷LÅX
K®QKWKỴWỉQJDQWR®QFƠQJNKDLFƠQJEºQJY®PLQKE²FK
1KãQJWK®QKWäX÷²W÷ßêFWURQJPßỉLQ¹PTXDWQF¯FSKßåQJGLÉQQKßTX\PƠWKỴWỉQJWKÇFKỈNKXQJ
OX¸WSK¯SFKËQKV¯FKWURQJLF°QKQÅQNLQKWỈPƠQßçFQK®FÐQKLÅXNKèLV»F÷±W²RWKÄPQÅQW°QJSK¯W
WULÇQFKRWKỴWỉQJFÜQJFƯQLÅPWLQFKRF¯FQK®÷´XWßY®W×FKáFWURQJQJR®LQßçF
7KỴWỉQJFKáQJNKR¯QWURQJQ¹PNKƠQJ÷²W÷ßêFPáFW¹QJWèQJµQWßêQJQKßF¯FQ¹PWçF.KƯL
êQJJLDRGỴFKQ¹P÷²WKåQWíFKáQJNKR¯QWßåQJáQJLJL¯WNKR°QJQJ®QWí÷ÕQJW¹QJ
NKƯLêQJQKßQJO²LJL°PJL¯WVRLQ¹P*L¯WJLDRGỴFKQKTX³QPÙWSKLÄQ÷²W
NKR°QJWí÷ÕQJFÐQKãQJSKLÄQJLDRGỴFKQJQ×LJL¯WWQWí÷ÕQJY®RWKỉL÷LÇPFXƯLQ¹P
1¹PFÝQJO®Q¹PNK¯VƠL÷ÙQJ÷ƯLLKR²W÷ÙQJQLÄP\ỈWWQV®Q+26(6ƯêQJFƠQJW\QLÄP\ỈWPçL
Q¹P÷²WNKR°QJFƠQJW\W¹QJJµSO´QVRLQ¹P7R®QWKỴWỉQJFÐNKR°QJF×SKLỈX
FKáQJFKÌTXỵY®WU¯LSKLỈXFKËQKWKáF÷ßêFQLÄP\ỈWY®JLDRGỴFKWQ+26(Q³QJW×QJJL¯WQLÄP\ỈW
WËQKWKHRPÉQKJL¯ỘQ÷ỈQKåQQJ®QWí÷ÕQJW¹QJVRLQ¹P+R²W÷ÙQJE¯Q÷µXJL¯F×SK´Q
FÝQJNKèLV»FKåQLJL¯WKX\÷ÙQJ÷²WKåQWí÷ÕQJKåQJµSO´QJL¯WKX\÷ÙQJQ¹P
7ÊQKKÊQKWKäFWỈFÜDWKỴWỉQJQ¹PTXDFKRWKµ\VáFKµSG·QWàYLÉFW¹QJFXQJ÷±NKƠQJFÏQ÷ÐQJJÐSQKLÅX
WURQJYLÉFF°LWKLÉQWËQKWKDQKNKR°QWQWKỴWỉQJ6áFKµSG·QWàVäW¹QJWèQJFÜDQÅQNLQKWỈ÷ƯLLWKỴ
WỉQJFÝQJPỉQK²WVRLQKãQJYµQ÷ÅNKÐNK¹QFÜDQÅQNLQKWỈQKßO²PSK¯WFKËQKV¯FKWLÅQWÉ1KãQJ
JÊQWàQJ÷ßêF[HPO®FKÛWFÜDWKỴWỉQJ÷DQJG´QSKDLQK²WEXÙFWKỴWỉQJSK°L÷ƯLP¾WLPÙWWK¯FK
WKáFPçLO®O®PVDR÷ÇGX\WVáFKµSG·Q÷ƯLLQK®÷´XWßưÇFÐWKÇWLỈSWÞFSK¯WWULÇQY®W¹QJFßỉQJQ¹QJ
FF²QKWUDQKTXƯFWỈWKỴWỉQJF´QFÐQKãQJFÛKËFKPçLF´QFÐVäW¯LFµXWỦF÷ÇW²R÷®SK¯WWULÇQW²RVáF
F²QKWUDQKTXƯFWỈWK¯RJéG´QQKãQJK²QFKỈWURQJJLDRGỴFKY®WULÇQNKDLVçPF¯FQJKLÉSWLÄQWLỈQư³\
contribution to improving the market liquidity. Also, the attraction that the market benefited from the economic growth,
was overwhelmed by specific obstacles faced by the economy, e.g. inflation and monetary policies. The fact that what used
to be the attractive characteristics of the market are now fading, has presented a new challenge for maintaining the market
appeal. In order to develop further and enhance international competitiveness, the market needs new impulses such as
market structure needs to be revised; trading barriers need to be removed; and advanced services and practices need to be
launched, etc. These are several issues of such great concern for HOSE that we have been relentlessly learning from other
markets, calling for idea input from market participants, and making proposals to regulators.
In the coming stage with many challenges and opportunities, with a determination to grow sustainably based on interna-
tional standards and practices, HOSE will continue its strategic goals to modernize the infrastructure and technology as
well as diversify products and services for the market. HOSE has a faith that with the support from the Ministry of Finance,
the State Security Commission, other regulators, and market participants, together with the consensus among the Manage-
ment Board and staffs, HOSE will continue its role in organizing the bourse safely, publicly, fairly and transparently, and
being an effective fund mobilizing channel for the country’s economy.
Hochiminh City, February 2011
President & CEO
DR. TRAN DAC SINH
6£ö7&+&6¦*'&.73+&0+26(
ORGANIZATION CHART
Ông. 75r1öy&6,1+
7ÖQJ*L®PöÕF
%®RF®RWKÞåQJQLÃQ
$QQXDOUHSRUW
HI ửNG QUnNTR
Board of Directors
P.Nghiờn Cỏu
&Phỏt Triần
Research &
Development
Dept.
Dept.
P.Ki ầm Soỏt
Ni B
Internal Control
Dept.
P.Giỏm Sỏt
Giao Dẻch
Trading
Surveillance
Dept.
P.Qun Lý &
Thảm ửẻnh
Niờm Yặt
Listing & Disclosure
Dept.
P.Cụng Ngh
Thụng Tin
Information
Technology Dept.
P.Qun Lý
Thnh Viờn
Member
Regulations
Dept.
P.Tiặp Thẻ
& Quan Hẫ
Cụng Chỳng
Marketing & Publi
c
Relations Dept.
0U /(+$,75$
6WDQGLQJ0HPEHURI%2'
0U 75$178$1$1+
0HPEHURI%2'
BOARD OF DIRECTORS
%®RF®RWKÞåQJQLÃQ
$QQXDOUHSRUW
Bà. 3+$17+7¤1*7q0
3KÏ7ÖQJ*L®PöÕFWKÞåQJWUãF
QJ
. 7+m,öy&/,7
3KÏ7ÖQJ*L®PöÕF
QJ. /1+1w1*
3KÏ7ÖQJ*L®PöÕF
QJ. 1*8<10p1++1*
3KÏ7ÖQJ*L®PöÕF
QJ. 75r1öy&6,1+
7ÖQJ*L®PöÕF
%$171**,m0ö&
0UV3+$17+,7821*7$0
6WDQGLQJ'HSXW\&(2
0U
7+$,'$&/,(7
'HSXW\&(2
0U /(1+,1$1*
'HSXW\&(2
0U 1*8<(10$1++81*
'HSXW\&(2
0U 75$1'$&6,1+
0U3+$0&21*.+2$+821*
'HSXW\+HDGRI7UDGLQJ6XUYHLOODQFH'HSW
5. 0U'2+883+8& +HDGRI0DUNHWLQJ3XEOLF5HODWLRQV'HSW
0UV1*8<(17+,9,(7+$ +HDGRI5HVHDUFK'HYHORSPHQW'HSW
0U'2$1482&78$1
'HSXW\+HDGRI$XFWLRQ'HSW
0U3+$1;8$17+2
+HDGRI,QIRUPDWLRQ7HFKQRORJ\'HSW
9. 0U75$078$198 +HDGRI0HPEHU5HJXODWLRQV'HSW
0U'$8.+$&75,1+
+HDGRI3HUVRQQHODQG7UDLQLQJ'HSW
0U1*8<(10,1+'8& 'HSXW\+HDGRI,QWHUQDWLRQDO&RRSHUDWLRQ'HSW
0UV75$17+,+821**,$1*
+HDGRI$GPLQLVWUDWLRQ'HSW
0U1*8<(1$1+'81* 'HSXW\+HDGRI3URMHFW'HSW
)URPOHIWWRULJKWWRSGRZQ
%đRFđRWKịồQJQLQ
$QQXDOUHSRUW
17
3K´Q,,
1ÙL'XQJ
Part II
Contents
2010
2010
201
2010
0
2010
0
2010
2010
2010
2010
TRADING MANAGEMENT
The year 2010 has laid a milestone in the development of the Vietnam stock market. Founded ten years ago, the Vietnam stock market has been seen
with greatly tremendous growth that is far beyond any beginning expectation. Officially opened on July 28th, 2000 with only two stock symbols,
three member firms, and an average daily trading value of VND 70 million/session; at the moment, the Hochiminh Stock Exchange (HOSE) serves as
the trading venue for 329 symbols with daily trading value of trillions of VND per session.
The trading activities in 2010 have remarked with three features:
- The trading time extension: From September 13th, continuous auction period has been extended for 30 minutes more and negotiations for stocks and
fund certificates have been made possible for the whole sessions, instead of only at the after-hour as previously. This adjustment has successfully kept
the market liquidity, given the volatile economy revealed by the instability of monetary market and inflation. Over 250 trading sessions, the total
volume of continuous auction and negotiation has reached 11,849 million, valued at VND 380,686 billion. An average of 47.4 million securities,
valued at VND 1,522 billion, is traded in each session. Compared to 2009, the volume and value increased by 7.2% and decreased by 11.7%,
respectively.
- The VN-Index stability: Different from 2009, the VN-Indexs variation has been relatively stable in 2010. Starting at 494.77 points at the
beginning of the year, VN-Index reached its peak at 549.51 on May 6th 2010, experienced the lowest point at 423.89 on August 25th, and showed
484.66 at the closing session of 2010.
- Foreign inflow has continuously shown positive signs: In a generally stable market, foreign investors regularly purchased stocks with a total net
volume of 270 million securities, valued at VND 15,368 billion (7.9 and 5.6 folds compared to 2009 volume and value, respectively). This demon-
strates the continuous interest of foreign investors in the Vietnam stock market.
The total capitalization value on HOSE as at December 31st, 2010 has reached VND 591,345 billion, 19.4% higher than that of 2009. By the end
of the year, 1,056,000 accounts have been opened at the securities firms, among which 1.31% were of foreign investors.
+2p7ử1**,$2'&+
1ạPữQKGàXFKắQJữòổQJQạPSKWWULầQWKẻWUòổQJFKỏQJNKRQ9LẫW1DPữFéQKóQJSKWWULầQYòờWEáFYòờW[D
QKóQJGọWậQKEDQữXFĩDQKLXQJòổLWURQJFXFửLầPOLVọNLẫQQJđ\WKẻWUòổQJFKỏQJNKRQFKậQKWKỏFPố
FõDFKèYỗLPFìSKLặXFQJYỗLFễQJW\FKỏQJNKRQWKđQKYLQJLWUẻJLDRGẻFKFKèốPỏFWULẫXSKLQ7ậQKữặQWKổL
ữLầPKLẫQWL6ố+R6(ữFéPFKỏQJNKRQJLWUẻJLDRGẻFKữòờFQQJOQốPỏFQJKấQWớữếQJPỉLSKLQ
%DữLầPữQJFKỡWURQJKRWữQJJLDRGẻFKQạPFéWKầNầữặQOđ
2010
2010
+2p7ử1*48n1/ê7+l1+9,1
7URQJQạP6*'&.7S+&0+26(WLặSQKáQWKPFễQJW\FKỏQJNKRQWKđQKYLQPỗLYỗLYệQữLXOẫWớữếQJữòD
WìQJVệ&7&.WKđQKYLQWL+26(ữặQWKổLữLầPFXệLQạPOđWKđQKYLQYỗLWìQJYệQữLXOẫữWKồQWớữếQJ
&íQJWURQJQạP6ốWLặSWịFWậFKFọFKỉWUờFF&7&.WKđQKYLQWURQJYLẫFWKDPJLDJLDRGẻFKWUọFWX\ặQYỗL6ốEDRJếP
WKDPJLDJLDRGẻFKWUọFWX\ặQOQữXKRắFữìLPỗLFễQJQJKẫWURQJJLDRGẻFKWUọFWX\ặQ7ậQKữặQQJđ\ữFé
&7&.WKđQKYLQWULầQNKDLJLDRGẻFKWUọFWX\ặQWKđQKFễQJYỗL+26(
%QFQKữéKRWữQJTXQOỡWKđQKYLQFĩD+26(WLặSWịFữòờFQQJFDRVDXPWQạPSGịQJKẫWKệQJTXQOỡFKàWOòờQJ
WKHRWLXFKXảQ,627URQJQạP+26(ữVõDữìL4X\FKặ7KđQKYLQJLDRGẻFKYđFFTX\WUấQKQJKLẫSYịOLQTXDQ
WKHRKòỗQJWRữLXNLẫQWKXáQOờLFKRFFFễQJWFJLPVWWấQKKấQKKRWữQJFễQJEệWKễQJWLQYđ[õSKWFF&7&.WKđQK
YLQỹTXDữéKRWữQJJLPVWWậQKWXQWKĩFĩDFF&7&.7KđQKYLQWL+26(ữòờFWKọFKLẫQWKòổQJ[X\QYđKLẫXTXKồQ
2010
2010
201
2010
0
2010
0
2010
2010
20
2010
2010
2010
2010
2010
MEMBER MANAGEMENT
In 2010, Hochiminh Stock Exchange has granted trading membership to 3 securities companies with total charter capital of VND 461 billion,
bringing the total trading participants at the end of 2010 in HOSE to 102 members, and making the whole charter capital come up to more than VND
0
2010
01
0
20
01
0
201
0
0
0
201
0
0
0
2010
201
0
2010
20
2010
2010
2010
2010
2010
+2p7ử1*&1*1*+7+1*7,1
6DXNKLWULầQNKDLSGịQJKấQKWKỏFJLDRGẻFKWUọFWX\ặQYđRQạPữòờFữQKJLOđWKđQKFễQJ6ố*LDRGẻFK&KỏQJNKRQ
7S+&0WLặSWịFữUDQKLXPịFWLXPỗLWURQJQạPQKPSKWWULầQKồQQóDKẫWKệQJ&ễQJQJKẫ7KễQJWLQFĩD6ốER
ữPOờLậFKFKậQKữQJFĩDFFEQWKDPJLDWKẻWUòổQJFKỏQJNKRQ
6ố*LDRGẻFK&KỏQJNKRQ7S+&0OXễQFKWUểQJữặQFễQJWFSKWWULầQQKQVọữđRWRYđEếLGòộQJQJKLẫSYịFKRFQE
201
2010
0
2010
0
2010
2010
20
2010
2010
2010
2010
2010
2010
2010
201
2010
0
2010
0
2010
2010
20
2010
2010
2010
2010
2010
AUCTION ACTIVITIES
In 2010, HOSE has received 41 registration documents for auctions of which 9 auctions have been canceled (since no investors have registered), 11
0
2010
0
2010
2010
20
2010
2010
2010
2010
2010
2010
201
0
2010
01
0
20
01
0
201
0
0
0
201
0
0
0
2010
201
ửệLYỗLFễQJWFJLPVWKRWữQJJLDRGẻFK
3KWKLẫQWUòổQJKờSWKDRWQJJLFKỏQJNKRQ
1JRđLUD+26(FíQJSKWKLẫQQKLXWUòổQJKờSJLDRGẻFKEàWWKòổQJYđFKX\ầQYịYLẫFOQ8%&.11WLặQKđQK
ữLXWUDWKP
TRADING SURVEILLANCE
The year 2010 has dealed with plenty of challenges for surveillance activities when violation behaviors on securities market have become more compli-
cated and sophisticated. Facing such new increasing challenges, the regulators have revised legal documents on securities and securities market being
stricter, clearer as a necessary stage for a transparent, order, and stable market. Typically, Decree 85/2010/ND-CP on sanctioning administrative
violations in the field of securities and securities market to replace Decree 36/2007/ND-CP putting more deterrence by imposing higher sanctions;
some behaviors such as manipulation and insider trading are also stipulated in Criminal Law. Besides, the surveillance functions of stock exchange
have also been strengthen by Decree 393/QD-UBCK on sending stock exchanges authorization to perform periodic and unscheduled examinations of
their securities members with trading activities. In addition, HOSE has itself developed and promulgated the criteria for detecting abnormal trades
and its parameters to enhance and speed up the monitoring process. In the past year, HOSE had done its best to fulfill the surveillance role and
achieved some noticeable results as follows:
In compliance surveillance, HOSE has detected
192 cases in which key members and affiliated people of listed companies traded without disclosure,
41 cases in which major shareholders traded without reporting at the right time required by law,
14 cases in which investors placed buying and selling orders of a stock or an investment fund certificate in a same trading day,
181 cases in which investors had opened many trading accounts for their own,
04 cases in which listed companies traded treasury stocks against regulation.
In trading surveillance:
Detected 02 manipulation cases,
Additionally, a number of abnormal transactions have been detected and reported to the SSC.
%đRFđRWKịồQJQLQ
$QQXDOUHSRUW
2010
2010
+26(ữếQJWKổLFíQJOđTXWUấQKQạPKRWữQJFĩDWKẻWUòổQJFKỏQJNKRQ9LẫW1DP+đQKWUấQKỳQạPPWFKắQJ
ữòổQJỷYỗLQKóQJQỉOọFYòờWTXDEDRNKéNKạQWKõWKFKYòờWTXDEDRJLDLữRQWKạQJWUPữầFéWKầữWữòờFQKóQJWKđQK
WọXQKàWữẻQKQKòQJđ\KễPQD\7URQJVXệWPWWKáSNớTXD+26(ữFéWKầNKẳQJữẻQKữòờFYẻWUậYđYDLWUẽữXWđXTXDQ
WUểQJFĩDPấQKWUQWKẻWUòổQJFKỏQJNKRQWọKđROđPWWURQJQKóQJữồQYẻFéữéQJJéSWậFKFọFFKRVọSKWWULầQFĩDWKẻ
WUòổQJWđLFKậQKNKXYọF7S+&0QéLULQJFíQJQKòFễQJFXF[\GọQJYđSKWWULầQFKRQQNLQKWặQòỗFQKđQéLFKXQJJéS
SKQữả\PQKFễQJFXFKLQKáSFĩDWKẻWUòổQJFKỏQJNKRQ9LẫW1DPữặQWPTXệFWặ
9ỗLPịFWLXNKễQJQJQJữả\PQKYđPốUQJKờSWFTXệFWặ+26(ữWạQJFòổQJPốUQJFFPệLTXDQKẫKờSWFYỗLFF
6ố*'&.WUQWKặJLỗLFíQJQKòYỗLFFữẻQKFKặWìFKỏFWđLFKậQKTXệFWặ9LẫFNỡELQEQJKLQKỗYỗL6ố*'&.3KLOLSSLQHVữ
QQJWìQJVệFFữệLWFKờSWFOQ4XDQWUểQJKồQW7KđQKYLQửệLWKRLFĩD+LẫSKLFF6ố*'&.WKặJLỗL:)(+26(
ữWUốWKđQK7KđQKYLQEQFKậQKWKỏFFĩDWìFKỏFQđ\NầWWKQJQạP9LẫFWUốWKđQK7KđQKYLQEQFKậQKWKỏFFĩD
:)(NKễQJFKèJLS+26(QKáQữòờFVọKỉWUờKòỗQJGãQTXỡEXYFKX\QPễQPđFẽQWRữLXNLẫQFKR+26(FéWKầSKW
WULầQFFPệLTXDQKẫKờSWFYỗLFFWìFKỏFWKđQKYLQNKF
&íQJWURQJQạP+26(ữWìFKỏFQKLXữRđQữLWKDPGọKLWKRKLQJKẻNKRVWKểFWáSQKò+LQJKẻFàSFDRFF6ố*'&.
WKặJLỗL%DUFHORQD7\%DQ1KDửLKLữếQJYđ\EDQ$26()WL%DOL,QGRQHVLD+LQJKẻYWKDQKWUDJLPVWFFWìFKỏF
WUXQJJLDQGR8%&.+RDNấWìFKỏFWL:DVKLQJWRQ+LQJKẻWKòổQJQLQ,20$,2&$GR1DVGDTWìFKỏFWL1HZ<RUN+LQJKẻ
WKòổQJQLQFĩD:)(WL3DULV3KS+LQJKẻY(7)WL6HRXO+đQ4XệF+LQJKẻFF%WUòốQJ7đLFKậQK$6($1WL.XDOD
/XPSXU0DOD\VLDYYỹ%QFQKữé+26(FíQJữWìFKỏFWKđQKFễQJ+LQJKẻ7ìQJJLPữệFFF6ố*'&.$6($1OQWKỏ
WLửđ/WYYLẫFWULầQNKDL/LQNặW$6($1
7URQJJLDLữRQWỗL+26(VOXễQWậFKFọFQQJFDRQạQJOọFFKĩữQJWấPNLặPFồKLKểFKẹLKờSWFPốUQJPQJOòỗLKờS
WFTXệFWặFĩD6ốWUQSKPYLUQJữầWQJEòỗFNKẳQJữẻQKữòờFX\WậQFĩDPấQKFíQJQKòPốUDFFPệLTXDQKẫữệLWFWậFK
FọFYỗLQKLXWìFKỏFWPFộTXệFWặ
INTERNATIONAL CO-OPERATION
The year 2010 has been seen as a significant milestone, marking a ten-year-stage of establishment and development of the Ho Chi Minh Stock
Exchange (HOSE) as well as a ten-year-operation of the Vietnam Stock Market. With all efforts to overcome the obstacles, challenges, ups and
downs periods, HOSE has recorded great achievements during the past ten years. HOSE moreover has affirmed its vital role as a motive force in the
Vietnam Stock Market, prided to be one of the key units to make considerable contributions to the development of financial sector in Ho Chi Minh
City in particular, and to the economy expansion of the whole country in general, speeding up the integration of the nation market into global market.
Aiming to incessantly boost up and foster the growth of international co-operation activities, HOSE has exerted to expand its partnerships with other
Stock exchanges as well as international financial institutions. The MOU-signing with the Philippine Stock Exchange Inc. has brought the number
of MOUs to 20. More importantly, HOSE has been upgraded its place from Correspondent to Affiliate of the World Federation of Exchanges