The firms listed
on the exchange maintain stringent listing requirements that are monitored
by the the SSC (State Securities Com-mission). Rules governing auditing to
internal auditing requirements are currently being developed.
The firms listed
on the exchange maintain stringent listing requirements that are monitored
by the the SSC (State Securities Com-mission). Rules governing auditing to
internal auditing requirements are currently being developed.
Investment Portfolio
Kamm Investment Holdings Inc., the
first US- based investment management company to own stocks in a Vietnamese
firm listed on the stock exchange, has been an active advocate of the Vietnam
stock market since 1994.
Founded in July, 2000, the Vietnam stock market was formed to promote Viet-nam's economic stability. Vietnamese state-owned firms in virtually every busi-ness sector have begun to be "equitized" - to have the majority interest of the firm sold to inventors other then the government. This is the stage prior to listing on the exchange. From the initial four firms listed on the exchange, additional firms have been added quarterly.