The Ministry of Finance issued a circular ruling on the securities operation fees at Vietnams securities trading bourses and Securities Deposit Centre. The regulation takes affect from April 12, 2010.
The Ministry of Finance issued a circular ruling on the securities operation fees at
Accordingly, stock trading bourses will be allowed to collect first listing fees as approving companies to list shares and disallowed to collect fees on listing move between stock trading bourses. First listing fee is 10 million dong/a listed firm and the following supplementary listings will be imposed the fee of five million dong/each time.
At Securities Deposit Centres, the management fee is 40 million dong/a member/year.
Also, the annual listing management fee on the listed firms with capitalisation of below 100 billion dong is ruled at 15 million dong, those with the cap of 100-500 billion dong will have to pay the fee of 20 million dong, and 500 billion dong cap-companies will be applied the fee of 20 million dong +0.001pct of listed stock value (that is disallowed to be more than 50 million dong. Listed firms are forced to pay all these fees.
As for bonds and fund certificates that have the listed value on par at less than 80 billion dong, the listing fee is 15 million dong. The listing value of over 200 billion dong will be levied with the listing fee of 20 million dong +0.001 percent of listing value but no less than 50 million dong.
Stock trading members must pay the trading fee of 0.03 percent of trading value for stocks and investment fund certificates, 0.02 percent for stocks, and 0.0075 percent for bonds.
(Source: DailyNews)
