Lao Securities Exchange (LSX) was officially launched on 10th October 2010 with the Bank of the Lao PDR (BOL) holding the share of 51% and Korea Exchange (KRX) holding the share of 49%.
The LSX is the first capital market in the Lao PDR which will attract the huge capital to develop the nation and raising the long-term funds to companies and also promoting the integrity of Lao financial market.
3 Companies BCEL-KT Securities Company Limited Lanexang Securities Public Company Lao-China Securities Company Limited
Market Settlement Cycle
T+2
Depository
Lao PDR Securities Depository Center (LSDC)
Number of listed companies
11 Companies (as of April 2020)
1. EDL-Generation Public Company (EDL-Gen) 2. Banque pour le Commerce Exterieur Lao Public (BCEL) 3. LAO World Public Company (LWPC) 4. Petroleum Trading Lao Public Company (PTL) 5. Souvanny Home Center Public Company (SVN) 6. Phousy Construction and Development Public Company (PCD) 7. Lao Cement Public Company (LCC) 8. Mahathuen Leasing Public Company (MHTL) 9. Lao Agrotech Public Company (LAT) 10. Vientiane Center Lao Public Company (VCL) 11. Lao ASEAN Leasing Public Company (LALCO)
Cambodia Securities Exchange (CSX) was officially launched in July 2011 with the Cambodian government holding 55% and Korea Exchange 45%, and stock trading started on April 18, 2012.
08:00 to 15:00 hrs. (Without any intermission), efffective as of August 19, 2019
Order Placement
Via brokers who are CSX's members
Via Mobile Trading System (MTS) - an online trading platform allowing investors to manage their own orders and monitor the market closely. For more information on MTS, please go to More Information
08:00 to 15:00 hrs. (Without any intermission), efffective as of August 19, 2019
Order Placement
Via brokers who are CSX's members
Via Mobile Trading System (MTS) - an online trading platform allowing investors to manage their own orders and monitor the market closely. For more information on MTS, please go to More Information
Capital gain tax: No capital gain tax. Dividends: 14% withholding tax, but only 7% withholding tax remained after 50% reduction that is granted for 3 years counting from January 04, 2019. Bond interest: 14% withholding tax, but only 7% withholding tax remained after 50% reduction that is granted for 3 years counting from January 04, 2019.
Juristic Investor
Capital gain tax: No separate capital gain tax. Capital gains are treated as taxable income and subject to 20% profit tax. Dividends: 14% withholding tax, but only 7% withholding tax remained after 50% reduction that is granted for 3 years counting from January 04, 2019. Bond interest: 14% withholding tax, but only 7% withholding tax remained after 50% reduction that is granted for 3 years counting from January 04, 2019
To invest in Cambodia Securities Exchange via SET's members
The origin of the Hochiminh Stock Exchange goes back to July 2000 with the establishment of the Ho Chi Minh City Securities Trading Center on July 20, 2000. After 7 years, the government transferred the Ho Chi Minh City Securities Trading Center to Hochiminh Stock Exchange (HOSE) and it was officially launched on 8th August 2007.
HOSE introduced continuous order matching since 30th July 2007 and the introduction of online trading at the beginning of 2009.
Monday to Friday excluding public holidays. For Listed Stock Market: 09.00 to 11.30 Hrs.& 13.00 to 15.00 Hrs For Bond Market: 8.30 to 11.00 Hrs.& 13.00 to 15.00 Hr
T+2 basis for equities and fund certificates T+1 for bonds
Depository
Vietnam Securities Depository (VSD)
Information for foreign investors
Taxation and regulations affecting foreign investors
Individual Investor
Capital gain tax: Gains from a capital assignment and /or securities trading are subject to 0.1% tax on the gross sale Dividends: 5% withholding tax
Juristic Investor
Capital gain tax: Gains from a capital assignment and /or securities trading are subject to 0.1% tax on the gross sale Dividends: No tax for dividend of shares
Foreigners can buy up to 49% of listed stocks except banks. For banks the limit on foreign ownership is 30% with a maximum individual investor limit of 10%.
To invest in Ho Chi Minh Stock Exchange via SET's members
The Hanoi Stock Exchange was established through the transformation and restructuring the Hanoi Securities Trading Center by a formal Decision of the Prime Minister of Vietnam in January 2009.
The Hanoi Stock Exchange operates as a State-owned single – member limited liability company. It has its own legal entity and seal as stipulated by the Securities Law, Enterprise Law and the Exchange's Charter, as well as related legal documents.
Listed Stock; UPCoM* Stock; Government Bond, Municipal Bond, Government underwritten Bond, Corporate Bond; T-Bill, ETF (SSIAM-HNX30 since 29th Dec 2014), VN30 Futures Contracts, G-Bond Futures Contracts (*UPCoM = Unlisted Public Company Market)
Monday to Friday excluding public holidays For Listed Stock Market and UPCoM Stock Market: 09.00 to 11.30 Hrs.& 13.00 to 15.00 Hrs For Bond Market: 8.30 to 11.00 Hrs.& 13.00 to 14.15 Hrs.
Number of members
73 Members for Listed Stock Market 73 Members for UPCoM Market (as of December 2022)
T+2 basis for equities (including UPCoM equities) T+1 for bonds
Depository
Vietnam Securities Depository (VSD)
Information for foreign investors
Taxation and regulations affecting foreign investors
Individual Investor
Capital gain tax: Gains from a capital assignment and /or securities trading are subject to 0.1% tax on the gross sale Dividends: 5% withholding tax
Juristic Investor
Capital gain tax: Gains from a capital assignment and /or securities trading are subject to 0.1% tax on the gross sale Dividends: No tax for dividend of shares
Foreigners can buy up to 49% of listed stocks except banks. For banks the limit on foreign ownership is 30% with a maximum individual investor limit of 10%.
To invest in Ho Chi Minh Stock Exchange and Hanoi Stock Exchange via SET's member
Yangon Stock Exchange (YSX) was officially launched on 9th December 2015 with the Myanmar Economic Bank holding the share of 51.00%, Daiwa Institute of Research holding 30.25% and Japan Exchange Group (JPX) holding the share of 18.75%.
The YSX started trading stock with the first listed company of FMI on 25th March 2016 and MTSH on 20th May 2016.
Regulators
Securities and Exchange Commission of Myanmar (SECM)
The information concerning GMS Exchanges set out in this website are provided for preliminary information purpose only, and may not necessarily be reviewed by The Stock Exchange of Thailand. The Stock Exchange of Thailand can neither be held responsible for the use which may be made of the information contained therein, nor can it bear any responsibility with regard to the use of such information. Investors should consider the correctness of information published via official website of each of GMS Exchange.