DECISION No. 127/1998/QD-TTg of July 11, 1998 on the establishment of Securities Trading Centers

To set up two Securities Trading Centers attached to the State Securities Commission. They are the Hanoi Securities Trading Center and the Ho Chi Minh City Securities Trading Center.

The Securities Trading Centers have the following major tasks:

- To organize, manage and run the sale and purchase of securities;

- To manage and run the securities trading system;

- To provide securities trading services as well as securities custody service;

- To carry out the registration of securities;

- To effect the clearing payment in the securities transactions;

- To publicize information on the securities trading activities;

- To inspect and supervise the securities trading activities;

- To collect the securities listing fee, members' fee, trading fee, fee for providing information service and other service fees as prescribed by law;

- To conduct the reporting, statistical, accounting and auditing activities in accordance with the regulations of the State.- (Summary)