Vietnam Exchange records first $58 mln profit

By Phuong Dong June 2, 2022 | 05:17 pm PT

An investor points at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

The Vietnam Exchange (VNX) posted its first profit of VND1.34 trillion ($57.78 million) last year after eight months of establishment thanks to the combined earnings from two bourses.

The figure came from the post-tax profits of the Ho Chi Minh Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX), Vietnam’s two main stock exchanges.

VNX was established on April 13 last year as a company solely owned by the government, seeking to combine the mechanism and technical features of the HoSE and HNX.

It has a charter capital of VND3 trillion.