Stock exchanges to collect listing fees
Stock exchanges and the Vietnam Securities Depository Centre will be able to charge new fees to member brokerages and listed firms under a new circular issued by the Ministry of Finance.
The regulation will take effect from April 12. Stock exchanges will be allowed to collect a listing registration fee of VND 10 million (US$524) per listed firm. Fees imposed on supplementary listings will be VND 5 million (US$262) each time.
Stock exchanges will not be allowed to collect fees on listings that move between stock markets.
The SDC will also impose the annual management fee of VND 40 million (US$2,096) per member. This fee is put at VND 20 million on the bourses.
Stock trading members must pay a trading fee that is 0.03% of the trading value for stocks and investment fund certificates, 0.02% for stocks and 0.0075% for bonds. (VNA)
Tags: vietnam securities, vietnam stock, vietnam stock exchange, vietnam Stock exchanges, Vietnam stock market
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