Viet Nam approves ETF licence

tohang

The State Securities Commission has granted a licence to SSIAM HNX30, the second domestic exchange-traded fund (ETF), which the SSI Fund Management is handling.

 

SSIAM HNX30, the second domestic exchange-traded fund (ETF), stimulates the largest 30 stocks on the Ha Noi Stock Exchange. — Photo tinhhinhchungkhoan.vn
HA NOI  (Biz Hub) — The State Securities Commission has granted a licence to SSIAM HNX30, the second domestic exchange-traded fund (ETF), which the SSI Fund Management is handling.

 

The fund simulates the 30 largest stocks which the HNX30 Index is tracking on the Ha Noi Stock Exchange and has a minimum capital of VND50 billion (US$2.3 million).

VFMVN30, the first ETF, which the Vietfund Management created, began listing on the HCM City Stock Exchange last October 6.

Last month, the SSI Fund Management set up its SSI Sustainable Competitive Advantage Fund, an open-ended fund, and raised VND112 billion ($5.2 million) in its initial public offering. — VNS


  • Share:

see also

SSC strengthens role in mobilising medium and long-term capital

SSC strengthens role in mobilising medium and long-term capital

Strategic efforts in legal framework development, market supervision and technological modernisation played a key role in maintaining stability and investor confidence in 2024.
Market tumbles as liquidity surges

Market tumbles as liquidity surges

Market breadth was overwhelmingly negative, with 244 stocks declining compared to just 71 advancing. Trading value on the southern bourse rose sharply to VNĐ17.8 trillion (approximately US$698.9 million), marking a 40.1 per cent increase from the previous session.
Tasco to issue 179 million shares for subsidiary investments

Tasco to issue 179 million shares for subsidiary investments

The offering is expected to raise VNĐ1.78 trillion, which will be invested in subsidiaries, including Tasco Auto, Tasco Insurance  and VETC JSC.
A year-end surge in property bond issuance amid financial challenges

A year-end surge in property bond issuance amid financial challenges

The trend underscores a sector grappling with financial challenges, while seeking innovative ways to restructure debts, ensure liquidity and stabilise operations in a volatile market.
Market ticks up on back of blue-chip stocks

Market ticks up on back of blue-chip stocks

However, foreign capital continued to flow out of the market, with a total net selling value of nearly VNĐ50.4 billion on the two main exchanges.