Hanoi Stock Exchange
Hanoi Stock Exchange (HNX), formerly the Hanoi Securities Trading Center (Hanoi STC)[1] located in Hanoi, Vietnam, was launched in March 2005 and handles auctions and trading of stocks and bonds. The 'Hanoi STC was renamed in 2009 to the Hanoi Stock Exchange. It was the second securities trading center to open in Vietnam after to Ho Chi Minh City Securities Trading Center.
At the end of 2006, combined market capitalization of both Ho Chi Minh City Securities Trading Center and Hanoi Securities Trading Center is 14 billion USD, or 22.7% the GDP of Vietnam.
Foreign investors are also permitted to invest and investment companies like Asia Frontier Capital Ltd. are actively investing.