What is the 2024 Lunar New Year holiday schedule for securities trading in Vietnam?

What is the 2024 Lunar New Year holiday schedule for securities trading in Vietnam?

According to the trading holiday schedule on Lunar New Year 2024 of Ho Chi Minh City Stock Exchange in Notice 1943/TB-SGDHCM in 2023. Lunar New Year 2024 will be from February 8, 2024 (December 29) to February 14, 2024 (January 5).

On the other hand, according to Notice 5270/TB-SGDHN in 2023 announcing the trading holiday schedule in 2024. According to the regulation, the 2024 Lunar New Year holiday schedule of Hanoi Stock Exchange is from February 8/2024 (December 29) to February 14, 2024 (January 5).

What types of securities are there currently in Vietnam?

Clause 1, Article 4 of the Securities Law 2019 stipulates as follows:

Definitions

1. “securities” include the following assets:

a) Shares, bonds, fund certificates;

b) Warrants, secured warrants, pull options, depository receipts;

c) Derivatives;

d) Other kinds of securities defined by the Government.

Thus, securities are assets, including the following types:

- Shares:

- Bonds:

- Fund certificates:

- Warrants:

- Secured warrants:

- Pull options:

- Depository receipts:

- Derivative;

- Other kinds of securities defined by the Government.

What is the 2024 Lunar New Year holiday schedule for securities trading in Vietnam? (Image from the Internet)

What is main mission of the Vietnam Stock Exchange?

In Clause 2, Article 2, Decision 37/2020/QD-TTg stipulates the functions and tasks as follows:

2. Vietnam Exchange shall perform the following primary tasks:

a) Formulate development investment plans/strategies, 05-year and annual business plans for submission to competent authorities for approval as prescribed;

b) Formulate and promulgate regulations on listing and trading of securities, and information disclosure, regulations on its members and other regulations on organization and operation of the securities market; issue criteria for supervision of transactions; issue trading indicators applied to its members after they are approved by the State Securities Commission of Vietnam (SSC);

c) Grant and cancel membership of its members; manage, carry out inspections and take actions against violations committed by its members in accordance with regulations of the Law on securities and act as a mediator to settle securities-related disputes at the request of its members;

d) Supervise the compliance by HNX and HSX with the regulations in Point b Clause 2 of this Article and perform supervision tasks specified in Point b Clause 3 and Point b Clause 4 of this Article; carry out general supervisions of trading of securities and information disclosure by listed organizations, registered organizations and the investors that have to disclose information as prescribed; supervise activities performed by listed organizations, registered organizations and investors on securities markets in accordance with regulations of law;

dd) Work out plans for development of IT systems, new technologies and products; directly implement or assign HNX and HSX to implement these plans;

e) Support the development of securities market through training, information dissemination and knowledge spreading activities; provide services involving market information and information about listed and registered securities; provide technological infrastructure development services for the securities market and other relevant services as specified in its Charter;

g) Cooperate with other stock exchanges in the world and international organizations in securities and securities market;

h) Manage and supervise HNX and HSX in accordance with regulations of the Law on securities, the Law on enterprises, the Law on management and use of state capital invested in manufacturing and business operations of enterprises, and its Charter;

i) Propose to SSC measures for responding to events or incidents that affect the safety, stability and integrity of the securities market; violations committed by investors, its members, listed organization or registered organizations in accordance with regulations of law;

k) Fulfill other tasks prescribed by law and its Charter.

Best regards!