ANNUAL REPORT 2017 - static2.vietstock.vnstatic2.vietstock.vn/vietstock/2018/5/7/20180507_HOSE -...

984.24

664.87

579.03

545.63

504.63413.73

351.55

ANNUAL REPORT 2017

HOCHIMINH STOCK EXCHANGE OVERVIEW

MESSAGE FROM THE BOARD OF DIRECTORS

IN 2017, THE IMPRESSIVE PERFORMANCE OF THE GLOBAL AND REGIONAL ECONOMIES THROUGHOUT THE YEAR PROVIDED WELCOME SUPPORT FOR VIETNAM. ECONOMIC GROWTH IN VIETNAM HAS A ROBUST PERFORMANCE IN 2017, ACHIEVING ALL OF THE 13 DEVELOPMENT OBJECTIVES, SOME ARE ALSO OUTPERFORMED. THE GROSS DOMESTIC PRODUCT (GDP) EXPANDED BY 6.81%, WHILE INFLATION HAS SO FAR MODERATED AND REMAINED LOW. THE FINANCIAL AND MONEY MARKET APPEARED STABLE. REMARKABLE INFLOWS OF FOREIGN DIRECT INVESTMENT (FDI) AND STRONG PERFORMANCE OF TOTAL EXPORT AND IMPORT WERE AIDED BY A RECOVERY IN REPUTATION AND ENVIRONMENT OF NATIONAL BUSINESS. THESE FACTORS HAVE CONTRIBUTED TO A ROBUST EXPANSION OF THE VIETNAM SECURITIES MARKET IN THE YEAR 2017.

POINTS

2.614TRILLION VND

INCREASED BY 75% ~ 57% OF GDP

MARKET CAPITALIZATION

984.24 THE HIGHEST LEVEL

IN 10 YEARS

VNINDEX ENDED 2017

Theyear2017sawtheHochiminhStockExchange(HOSE)demonstratingitspotentialandstrength.Therewere31stocks,15corporatebondsand2fundcertificateslistedonHOSEthisyear,includingtheleadingenterprisessuchasPetrolimex,VPBank,VincomRetail.Marketliquidityhasshownasignificantlygrowthwithanaveragedailytradingvalueofapprox.VND5trillion, increased 63% from theprevious year. Foreign investors postedanetbuyvalueofVND26.42trillion.Moreover, theVNIndexended2017at984.24points,a48.03%increasecomparedtothepreviousyear.Suchincreasewasthehighestlevelin10yearsofVNIndex.MarketcapitalizationofHOSEwasatVND2.614trillion,increasedby75.24%fromthepreviousyear,equivalent toapprox.57%ofGDP.Therefore, theHochiminhStockExchange proved to having outstanding potential with the highestdevelopmentlevelamongregionalandinternationalstockmarkets.

The strong performing stock market also significantly contributed topromoting the development of the state-owned enterprises' (SOEs)equitization process. In 2017,HOSE held 9 initial public offerings (IPO)and 23 state divestments of the SOEs, mobilizing roughly VND 122.96trillion.Particularly, largestatedivestments fromSOE’ssuchasSABECOandVinamilkattractedsignificantattentionfromboththedomesticandforeignfinancials,contributingremarkablytotheGovernment'sstrategytoreformSOEs.

In2018,Vietnam'smacroeconomicstabilityisprojectedtoremainpositive,providingnecessarysupportstothecapitalmarket.Ihopethatthemarketparticipants,approvedauditfirms,themedia, investorsandthegeneralpublicwillcontinuetosupportandcooperatewithHOSEtoachievenewobjectives. One of which is to successfully launch Covered Warrant toexpandinvestmentchoicesandenhancethemarketliquidity.

On behalf of the Board of Directors

LE HAI TRA

www.hsx.vn52 53ANNUAL REPORT 2017

ORGANIZATIONAL STRUCTURE


Board of DirectorsBoard of Supervisors

Board of Managment

Internal Audit Dept.

Member Regulation Dept.

Listing & Disclosure Dept.

Corporate Communication Dept.

Information Technology Dept.

Research & Development Dept.

Disaster Recovery Center

Trading Survellance Dept.

Legal Dept.

Finance & Accounting Dept.

Personnel & Training Dept.

Administration Dept.

Market Information Dept.

Ministry of Finance

BOD Office & Committees

Mr. LE HAI TRA Acting Chairman of BOD

Ms. NGO VIET HOANG GIAO Member of BOD

Ms. NGUYEN THI VIET HA Member of BOD

Mr. NGUYEN VU QUANG TRUNG Member of BOD

BOARD OF DIRECTORS



BOARD OF MANAGEMENT BOARD OF SUPERVISORS

01. Mr. NGUYEN VU QUANG TRUNG Executive Director & Acting CEO

02. Ms. NGO VIET HOANG GIAO Executive Vice President

03. Ms. TRAN ANH DAO Executive Vice President

04. Mr. TRAM TUAN VUExecutive Vice President

05. Ms. NGUYEN TUNG CHI Chief Accountant

Ms. LE THI MAI DZUNG Member of Supervisory Board

Mr. DAU KHAC TRINH Head of Supervisory Board

Mr. HUYNH DANG KHOA Member of Supervisory Board

05 03 01 02 04



DEPARTMENTS

01. Mr. HOANG NGOC ANH TRUNG Internal Audit Dept.

02. Mr. DO HONG HAI Market Information Dept.

03. Ms. NGUYEN TUNG CHI Finance & Accounting Dept.

04. Mr. PHAM QUOC THANG Information Technology Dept.

05. Mr. LE THANH TAM Corporate Communication Dept.

06. Ms. TRAN THI HUONG GIANG Administration Dept.

07. Mr. PHAN XUAN THO Disaster Recovery Center

08. Ms. VU THI THUY SON Personnel &Traning Dept.

09. Mr. PHAM CONG KHOA HUONG Member Regulation Dept.

01 02 03 04 05 06 07 08 09

1413121110

10. Ms. NGUYEN THI MINH HANG Trading Surveillance Dept.

11. Ms. DO THI PHUONG LAN Legal Dept.

12. Ms. LE THI TUYET HANG Listing & Disclosure Dept.

13. Ms. NGUYEN NAM ANH BOD Office

14. Ms. HO NGOC DOAN TRANG Research & Development Dept.


0,00

200,00

400,00

600,00

800,00

1.000,00

1.200,00

0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

350.000.000 1,200

1,000

800

600

400

200

0

350,000,000

300,000,000

250,000,000

200,000,000

150,000,000

100,000,000

50,000,000

0,00

HIGHLIGHTS OF THE VIETNAM SECURITIES MARKET IN 2017

06/06/2017On June 06th, 2017, the Government issued Decree No. 71/2017 / ND-CP (" Decree 71") regarding the Corporate Governance applicable to public companies.

18/12/2017The competitive offering of State owned shares in the Saigon Beer - Alcohol - Beverage Corporation - (Sabeco).

10/11/2017The competitive offering of State owned shares in the Vietnam Dairy Products Joint Stock Company - (Vinamilk).

29/12/2017VNIndex reached the highest level in 10 years at 984.24 points.

29/12/2017Market capitalization and total trading value of HOSE achieved 10 years records in 2017. Total trading value of foreign investors increased significantly, with net buy value of VND 26.4 trillion.

10/08/2017Hanoi Stock Exchange officially launched the derivatives market.

04/08/2017HOSE held 2017 Members Meeting.

HOCHIMINH STOCK EXCHANGE'S 2017 PERFORMANCE

25/07/2017Vietnam's Annual Report Awards (ARAs) 2017 celebrated its 10th

anniversary.

24/07/2017Introduction of the VNX50 Index - Vietnamese common index and VN Sustainability Index (VNSI).

14/04/2017HOSE hosted the 35th General Assembly of the Asian and Oceanian Stock Exchanges Federation (AOSEF) in Hochiminh City, Vietnam.

01/2017 02/2017 03/2017 04/2017 05/2017 06/2017 07/2017 08/2017 09/2017 10/2017 11/2017 12/2017

Trading volume (shares)


The Deputy Finance Minister, Mr. Tran Xuan Ha presented recognition awards to the leaders of HOSE during the 2017 End of Year Evaluation and Awards Ceremony.

The Finance Minister - Mr. Dinh Tien Dzung paid a working visit to Hochiminh Stock Exchange.

The electronic board at Hochiminh Stock Exchange.

3,515TRILLION VND

EQUIVALENT TO 74.6% OF GDP

THE COMBINED MARKET CAPITALIZATION OF TWO

STOCK EXCHANGE 6,486MILLION SECURITIES

INCREASED TO 135.3% Y-O-Y

THE TOTAL VOLUME OF THE ADDITIONAL SECURITIES IN 2017

The year 2017 saw the Vietnam Securities Market demonstrating remarkable development, with the market remained one of the fastest growing financial markets in the world. The combined market capitalization of Hochiminh Stock Exchange and the Hanoi Stock Exchange (with UpCom included) totaled VND 3,515 trillion, equivalent to 74.6% of GDP. This figure surpassed the target (market cap to GDP ratio) set for 2020 by the Government.

With the positive performance of the global economies and financial markets, the Vietnam Securities Market had an extraordinary year with the highest growth rate in Asia. In the year 2017, Hochiminh Stock Exchange (HOSE) reached remarkable and impressive milestones in market size and liquidity.

The VNIndex closed at 984.24 points, up by 48.03% year on year (y-o-y), which was the highest level in 10 years. The performance of the VNIndex was exceptional when compared to other emerging and frontier markets, as the MSCI Frontier Markets Index was increased by 29.87% and the MSCI Emerging Markets Index was increased by 36.83% y-o-y. The growth rate of the VNIndex has therefore been one of the top 03 highest worldwide. Moreover, the indices in the HOSE-Index series also performed well in

2017 - A YEAR OF

ROBUST AND REMARKABLE PERFORMANCEFOR VIETNAM SECURITIES MARKET

the offerings of major companies, such as the Mobile World Investment Corporation, the VietJet Aviation Joint Stock Company.

Apart from the robust growth of the market, HOSE has been placing utmost importance on the efficiency of the market surveillance system, focusing on monitoring trading activity and seeking to prevent possibly illegal actions. Trading irregularities and/or the placement of inappropriate trading orders, or other infractions of securities trading regulations and laws are timely and fully reported to the State Securities Commission (SSC) for appropriate penalties, therefore, protecting investors and preventing any unfair action among securities trading that comply with the law.

Heading forward to 2018, HOSE will focus on developing the surveillance system towards trading activities monitoring and operation of new investment products such as Covered Warrant.

2017. In particular, the VN30 Index rose to the highest point at 975.52 points, increased by 55.29% from the beginning of the 2017. The VNAllshare and VNMidcap Index also increased by 49.26% and 33.11% respectively. The Sector Indices Series also showed impressive performance, with five sectors having more than 50% increased, including: Financials, Real Estate, Healthcare, Consumer Staples and Consumer Discretionary.

As of 29 December 2017, there were 344 companies listed on HOSE along with 39 corporate bonds, 02 fund certificates and 02 ETFs. The number of newly listed companies doubled from last year, with a total of 48 securities, including 31 listed companies, 15 bonds, 01 fund certificate and 01 ETF. 2017 witnessed a series of leading enterprises listing on HOSE, such as Vietnam National Petroleum Group (Petrolimex), Vincom Retail Joint Stock Company (VRE), and Vietnam Prosperity Joint Stock Commercial Bank (VPBank). The total volume of the additional securities in 2017 increased to 135.3% y-o-y, equivalent to 6,486 million securities.

At the end of 2017, market capitalization of HOSE was approx. VND 2,614 trillion, a 75.24 % from end - 2016, equivalent to 57% of GDP. This figure accounted for 92.14% of the total listed market capitalization of Vietnam Securities Market. The total trading volume of HOSE accounted for 48.07 billion securities, together with the total trading value of HOSE accounted for VND 1,061 trillion. Market liquidity of HOSE was also promoted, with daily trading volume rose to 192.28 million securities, and daily trading value averaged at VND 4.24 trillion. From the end of 2016, the daily trading volume rose by 48.81% and the daily trading value rose by 73.77%. Additionally, foreign investors were also significantly active in 2017. Foreign investors bought net VND 26.42 trillion, equivalent to 414.46 million securities.

Equity capital raising activity was robustly impressive in 2017. A total of 165 listing adjustments were accepted by HOSE, with the additional volume amounted to 4,775 million shares, up by 6.5% y-o-y. This was bolstered by



On 05/10/2017, the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) held its Initial Public Offering (IPO) at HOSE.

On 09/03/2017, the conference of "the Development strategy of the Vietnam securities market's trading system" was held at HOSE.

On 10/11/2017, the competitive offering of State share owned by the State Capital Investment Corporation (SCIC) in Vietnam Dairy Products Joint Stock Company (Vinamilk) was held at HOSE.

On 18/12/2017, the competitive offering of State share owned by SCIC in Saigon Alcohol, Beer and Beverage Corp.

ACCELERATION OF STATE-OWNED ENTERPRISES

PROCESSFINALIZING INFORMATION TECHNOLOGY SOLUTIONS AND INFRASTRUCTURE - STRIVING FOR

EQUITIZATION & DIVESTMENT

INTERNATIONAL STANDARDS

2017 was a remarkable year with series of auctions of leading enterprises, mobilizing to the State budget more than VND 122.96 trillion.

Throughout 2017, with the total of 32 successful auctions, the total volume and value of shares sold increased significantly at 37.19% and 625.96% y-o-y respectively. Within three months of the end of the year, the government successfully completed the divestment of numerous leading SOEs, including the nearly VND 120 trillion value from the competitive offerings of the Vietnam Dairy Products Joint Stock Company (Vinamilk) and the Saigon Beer – Alcohol – Beverage Corporation (SABECO).

HOSE continued to maintain the efficiency of the Information Technology (IT) activities in the year 2017. Along with a robust performance of the market this year, the trading system operated effectively and smoothly, timely meeting the requirements from operation procedures and reality demands.

Based on the Decision No. 3326/QD-BTC on 25/12/2014 of the Ministry of Finance, the strategic project "Designing, Procuring and Installing the Technology transfer a completed Solution for System" is the most crucial factor of this project. Accordingly, the information infrastructure will be fully equipped and incorporated with operational features, ensuring the security, stability and safety for the beneficiaries (including HOSE, Hanoi Stock Exchange, and the Vietnam Securities Depository).

Executed by the Korean Exchange, the project is at its height of the process. In the year 2017, HOSE completely built a project management structure, thus, sufficiently solved most of the most challenging problems in this project. Besides, the beneficiaries came to conclusion in regards of operational materials and necessary designs,

THE STRATEGIC PROJECT "DESIGNING, PROCURING AND INSTALLING THE TECHNOLOGY TRANSFER A COMPLETED SOLUTION FOR SYSTEM"

in other words, the project is ready to accomplish further stages in 2018. These stages are consisted of establishing specified materials for market participants, developing the system, implementing and inspecting the project.

In the year 2017, the beneficiaries and the head of investment had significant efforts in proceeding this project. However, as there are certain difficulties in cooperating different partners, as well as several requirements in terms of human resources and capacity. The project has received considerable attention from the executives of the Ministry of Finance, the SSC with the expectation for meeting the needs of the developing Vietnam securities market, in both depth and width. This is the significant supports for the parties to proceed the project in 2018.

The main purpose of this project is to optimize the process of monitoring internal information and documents. HOSE expects this project, once implemented, will sufficiently assist the administration procedures in the exchange, ensuring a digitalized and efficient information flows, therefore,

THE PROJECT OF CONSTRUCTING THE ENTERPRISE CONTENT MANAGEMENT - ECM

benefiting the capital market. Internal training and review programs were also being organized to prepare for the full implementation of ECM in 2018, attended by employees and executives of HOSE.


32 AUCTIONS

TOTAL VALUE OF SHARES SOLD

VND 122,961,932,040,330

TOTAL NUMBER OF AUCTIONS IN 2017

TOTAL VOLUME OF SHARES OFFERED

876,427,605 SHARES

TOTAL VOLUME OF SHARES SOLD

569,072,737 SHARES


34.47%

2,750BILLION VND

THE VNX50 DEMONSTRATED ITS POTENTIAL WITH NOTICEABLE GROWTH RATE AT

THE TOTAL NET ASSET VALUE OF THE ETF E1VFVN30 WERE 10 TIMES HIGHER FROM ITS ESTABLISHMENT

In 2017, following the development of the VNX-Index series, HOSE and HNX officially introduced the VNX50 Index, representing the top 50 largest stocks by market capitalization and liquidity combined from both HOSE and HNX. This year, HOSE also witnessed the establishment of ETF SSIAM VNX50, an exchange-traded fund managed by SSI

HOSE plans to launch Covered Warrant in 2018 to expand investment choice of the securities firms, and foster a diverse and sophisticated structure of the capital market. The Ministry of Finance (MOF) issued Circular No. 107/2016/TT-BTC (Circular 107) on the sale and trading of Covered Warrants, which was effective from 01/01/2017. Since then, HOSE has actively cooperated with the MOF, SSC, and the Vietnam Securities Depository to complete the necessary guidelines documents for the launch of the product. The trading systems of HOSE and related market participants are also well prepared, enabling the establishment of Covered Warrant to attract more foreign capital to the market.

After 06 years of establishment, the VN30 Index has remained to be the most effective investable index in the market. In 2017, the index was used as reference for the first futures contract operated in the Vietnam Derivative Market. Supported by impressive growth of the index, all of the ETFs tracking the VN30 Index showed solid growth in both market

VNX50 INDEX

COVERED WARRANT

VN30 INDEX

Asset Management tracking the VNX50 Index traded for the first time on the Exchange. Launched on July 2017, however, ending the year, the VNX50 demonstrated its potential with noticeable growth rate at 34.47%. The VNXAllshare, the first Vietnamese common index also performed impressively, ended at 1,402.03 points, up by 48.31% y-o-y.

Furthermore, in 2017, HOSE cooperated with securities firms in the preparation process to become the issuer of Covered Warrants. Exclusive and in-depth training seminars for operation businesses were successfully arranged. In addition, HOSE and securities firms also provided several seminars for investors, focusing on product knowledge and investment analysis. At the end of 2017, HOSE was at the final stages of preparation and ready for the launch of Covered Warrant in 2018.

capitalization and liquidity. Ended 2017, the total net asset value of the ETF E1VFVN30 were 10 times higher from its establishment (from VND 202 billion to approx. VND 2.75 trillion). Besides, KINDEX Vietnam VN30 ETF, one of the most traded ETFs in Korea, had a total net asset value of approx. VND 2.8 trillion.

VNX50

In the first quarter of 2017, HOSE submitted the project on corporate bond development to the MOF and SSC. Since then, HOSE actively cooperated with MOF on formulating a revised Securities Law along with further completing the legal framework on corporate bond in Vietnam.

Moreover, HOSE conducts in-depth research of Information Center for Corporate

CORPORATE BOND

Bond at HOSE, making the information about corporate bond more conveniently accessible to ensure that investors and other market participants receive information in an accurate, sufficient comprehensive from various resources. This program is compatible with the Prime Minister approved roadmap on bond market development in the period 2017 - 2020.

BUILDINGCAPITAL MARKET THROUGH PRODUCTS AND INDICES DEVELOPMENT

QUALITY - FOCUSED


In 2017, HOSE proactively enhanced businesses to promote the capital market and the offering of wide varieties of quality products. Especially, the development of Covered Warrant is expected to increase convenient access to investment for the securities firms, investors and the whole market.

Forum discussion on the new investment tool - Covered Warrant" was held at HOSE.


14th April 2017: HOSE hosted the General Assembly of the Asian and Oceanian Stock Exchanges Federation (AOSEF) in Hochiminh City, Vietnam. This was the first time the AOSEF General Assembly is organized in Vietnam. More than 50 top executives from 14 member exchanges, 02 observers and representatives from international associations, joint the event.

9th November 2017: Canadian Prime Minister, Mr. Justin Trudeau visited HOSE, as a part of the Prime Minister's official visit to Vietnam in November. Attending the event were Canadian Ambassador to Vietnam, Vietnamese Ambassador to Canada and Canadian Consulate in Vietnam together with business representatives of the two countries. Welcoming H.E were Mr. Tran Van Dzung, Chairman of the State Securities Comission, Head of International Cooperation Department - Ministry of Finance and leaders of Hochiminh Stock Exchange.

At the ceremony, the Canadian Prime Minister Mr. Justin Trudeau struck the gong at the Hochiminh Stock Exchange as one of the formal welcoming custom.

From 6th - 8th September 2017: HOSE participated in the 57th General Assembly and Annual Meeting, hosted by the WFE at Bangkok, Thailand.

As an official member of WFE since 2013, in this event, HOSE and other financial institutions members of WFE gathered to discussed about the role of exchanges and financial institutons in fostering the global economic growth. This was also a special occasion for the members to enhance the connections in the region as well as world-wide.

15th December 2017: The delegation from the Korean Justice Party, leding by Mrs. Sim Sangjeung - leader of the party, was greeted by Mr. Le Hai Tra, HOSE Acting Chairman. During this visit, the executives discussed about matters relating to the securities market in Korea and Vietnam.

From 6th - 9th June 2017: HOSE cooperated with major listed companies and securities firms in Vietnam to greet the representatives from Laos financial sector, including leaders from the Laos State Securities Commission, Laos Exchange and listed companies. The main objectives of the visit were to exchange experience on market monitoring and promotion.

26TH ASEAN EXCHANGES' CEOS MEETING IN BALI, INDONESIA

THE 35TH GENERAL ASSEMBLY OF THE ASIAN AND OCEANIAN STOCK EXCHANGES FEDERATION (AOSEF)

PRIME MINISTER OF CANADA, MR. JUSTIN TRUDEAU VISITED HOSE

HOSE PARTICIPATED IN THE 57TH

GENERAL ASSEMBLY AND ANNUAL MEETING OF THE WORLD FEDERATION OF EXCHANGES (WFE)

OFFICIAL VISIT OF THE KOREAN JUSTICE PARTY TO HOSE

OFFICIAL VISIT OF LAOS FINANCIAL SECTOR REPRESENTATIVES TO HOCHIMINH CITYINTERNATIONAL AND PUBLIC RELATION ACTIVITIES

ON THE WAY TO THE INTERNATIONAL

AND DEVELOPMENT INTEGRATION


1 2 5

3

6

4

Throughout 2017, HOSE has concretely engaged in a number of major conferences and events, continued to remain its strong network with international stock exchanges and other international organizations. These achievements in 2017 will be a firm foundation to step into 2018, contributing to the sustainable growth and internationally recognition of the Exchange.

01st - 03rd March 2017: HOSE participated in the 26th ASEAN Exchanges' CEOs Meeting convened in Bali, Indonesia. The meeting reaffirmed the Exchanges' collaboration to promote the ASEAN Capital Market as an asset class. The ASEAN Exchanges intended to focus on harmonizing regulatory frameworks, facilitating issuance of ASEAN products, cross-exchange listing and mutual recognition of capital market professionals.


CREEATING SUSTAINABLE PROSPERITY

Mr. Le Hai Tra - Acting Chairman of HOSE signed by fingerprint on the "Creating Sustainable Prosperity" signature canvas during the Gong striking Ceremony for market opening in 2017 at HOSE

On 06/02/2017, HOSE appealed the mission to "CREATING SUSTAINABLE PROSPERITY" for the securities market.

Over the years, not only HOSE but the Vietnam Capital Market and economies has always incorporated Sustainable Development as one of the most crucial development factors. With the message of "CREATING SUSTAINABLE PROSPERITY", we incorporates Sustainable

Development practices in its operation, with the vision to foster the growth of the Vietnam securities market to be full accountability to society and environment and sufficient Corporate Governance practices.

Organizing the securities market effectively, transparently and

proactively, meeting national and international

standards.

Encourage securities firms to work together, aiming

to operate an efficient investment network.

Offering diversified products and services to create value for firms and investors, and

incorporate Sustainable Development in its

operation.

IN THE OCCASION OF THE GONG STRIKING CEREMONY FOR MARKET OPENING IN 2017 AT HOSE, HOSE HAS APPEALED THE LISTED COMPANIES AND MARKET PARTICIPANTS TO ADVOCATE THE MISSION OF

FOR THE SECURITIES MARKET AS A WHOLE.

Enhance knowledge on Corporate Governance and Sustainable Development

towards market participants, aiming for the

mutual development of the market.

HOSE SUSTAINABLE DEVELOPMENTACTIVITIES IN 2017

CORE VALUES OF HOSE'S SUSTAINABLE DEVELOPMENT ACTIVITIES

On July 2017, the VN Sustainability Index (VNSI) has made its debut, consisting 20 stocks having the best sustainability performance on HOSE. Through VNSI, HOSE aims to promote the application of Sustainable Development initiatives among the listed companies, attracting investment flows towards sectors which bring both economic and social benefits. Since its launch in mid-2017, VNSI had a stable increase at 25.64%, showing the stocks listed in VNSI were suitable with the companies' Sustainable Development objectives.

PROMOTING SUSTAINABLE DEVELOPMENT ACTIVITIES IN 2017

After HOSE officially became partner of the Sustainable Stock Exchange (SSE) Initiative in 2015, HOSE collaborated with HNX and the International Finance Corporation (IFC) to launch the Vietnam Corporate Governance Initiative (VCGI) at the end of 2016. This is an engagement platform for the market regulators to mobilize market resources and coordinate stakeholder efforts to improve capacity and enhance Corporate Governance (CG) by leveraging international best practices. In the year 2015, HOSE continued to provide knowledge on CG for market participants. Besides, HOSE also successfully incorporated with authorities, domestic and international associations to organize trainings, awards for listed companies as well as ceremonial recognition of women roles in CG.


On 23/03/2017, the Conference of "Investment Trends and Strategic Planning of Listed Companies on Sustainable Development.

12-13/01/2017, Trainings on ASEAN Corporate Governance Scorecard Standards.

HOSE SUSTAINABLE DEVELOPMENTACTIVITIES IN 2017

Main activities organized by HOSE to promote Corporate Governance among listed companies in the year 2017, as follows:

PROMOTION OF SUSTAINABLE DEVELOPMENT KNOWLEDGE AND SIGNIFICANCE IN THE MARKET

UPGRADING CORPORATE GOVERNANCE PRACTICES AMONG LISTED COMPANIES

02/02/2017

Gong Striking Ceremony for Market Opening in 2017 and the statement to promote Sustainable Development by HOSE

With the attendance of leaders from Hochiminh City People's Committee, the Hochiminh City Steering Committee, Ministry of Finance, SSC; HOSE appealed the market participants to advocate the mission to "Creating sustainable prosperity", promoting sustainable development knowledge and significance among the market.

08/03/2017

Ring The Bell for Gender Equality

IFC and HOSE joined stock exchanges around the world in a SSE's initiative to “Ring the Bell for Gender Equality” - a partnership that highlights the economic imperative of empowering women in the workplace, marketplace, and community.

03/2017

Establishment of HOSE's Sustainable Development Report

To acknowledge the importance of Sustainable Development in the securities market and encourage listed companies to disclose related information, HOSE established its Sustainable Development report in the year.

12-13/01/2017

Trainings on ASEAN Corporate Governance Scorecard Standards

HOSE and IFC and experts on ASEAN Corporate Governance Scorecard co-hosted the training sessions for listed companies to enhance awareness on Corporate Governance and ASEAN Corporate Governance Scorecard and introduce good Corporate Governance practices. The event attracted more than 120 listed companies representatives from both Exchanges.

23/02/2017

Workshop for Listed Companies on organizing 2017 Shareholder's meeting

Based on actual demands and current situations of the listed companies, along with the goal to improve Corporate Governance practices among the market; HOSE organized the Workshop to assist the listed companies to follow the procedures correctly. More than 250 representatives of listed companies joined this event.

12/05/2017

Seminar of The poor Corporate Governance issues and the role of internal auditor

The event was organized under the cooperation between HOSE, HNX and CPA Australia, aiming to improve the Corporate Governance quality and training senior executives and management team for listed companies .

12/10/2017

Corporate Governance Forum 2017 - Handling Conflicts of Interest and Related Party Transaction

The event was hosted by VCGI, tackling the issue of related party transaction (RPTS). The Forum addressed concerns and issues relating to best practices in governing conflict of interests and RPTs for sustainable performance and growth; the key to raising capital.

10/11/2017

Conference "Development of the Green Capital Market in Vietnam"

The SSC and the Macroeconomic Reforms/Green Growth Programme of the Vietnam – German Cooperation co-organise a Conference on “Development of the Green Capital Market in Vietnam”. The Conference was held within the framework of the Macroeconomic Reforms/Green Growth Programme, implemented by GIZ Viet Nam on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ).

25/07/2017

2017 Annual Report Awards celebrate its 10 years anniversary

This year marked the tenth edition of the awards, jointly organised by Vietnam Investment Review, HOSE and HNX with the support from Dragon Capital. 50 listed companies with the best performance in annual report, and Corporate Governance practices were honoured at the ceremony. Also, significant individuals and organisations contributing to the awards throughout the last 10 years were honoured at the ceremony.

27/09/2017

Gong Striking Ceremony for Gender equality - Global Summit of Woman

HOSE hosted the Gong Striking Ceremony to enhance the role of gender equality and uphold values of women in the modern world. The event was attended by Mrs. Truong My Hoa - Former Vice President of State, Mrs. Irene Natividad - President of the Global Summit of Women, representatives from the Hochiminh City Party Committee and women leaders from listed companies.


SUSTAINABILITY REPORT

HOCHIMINH STOCK EXCHANGE STRATEGIC GOAL IN 2018

Commit to develop a wide range of products

and services to enhance market size and liquidity,

improve the quality of market surveillance and

promote the appropriation of international standards;

Proceed to upgrade the IT infrastructure to ensure

the safety and smoothness in trading and settlement

activities.

Proactively participate in the revision of Securities Law to be passed by the Government by 2019, creating the sustainable and transparent investment environment;

Focus on acceleration of privatization and divestment of SOEs, attracting investment capital flow, especially from international sources;

Improve the capacity and effectiveness in mangement and regulation structure, effectively handing new challenges and opportunities.

www.hsx.vn74

SUSTAINABILITYREPORT2017

CONTENTS - Corporate Governance towards - Revenue structure 79- Cost structure 79- Contribution to the state budget 79 - Paper Consumption 80- Energy Consumption 80- Water Consumption 80- Social Contribution 81

Sustainable Development 78

Corporate GOVERNANCE

Sustainable VALUE

EconomicGROWTH

Contribution toTHE STATE

ENVIRONMENTALFriendliness

RecyclableRESOURCES

Responsible WATER

CONSUMPTION

COMMUNITIES Sustainable

Workforce

DIVERSIFICATION

EffectiveENERGY

CONSUMPTION

GENDER

Equality

UNIONStrength

Career ADVANCEMENT

COMMUNITIES Connection

STRATEGIC Actions

ProceduresSIMPLIFICATION

INFRASTRUCTURE Acceleration


CORPORATE GOVERNANCE TOWARDS

SUSTAINABLE DEVELOPMENT

BOARD OFMANAGEMENT

UNIT / DEPARTMENTS

WORKINGCOMMITTEES/TASKFORCES

DIRECTLY EXECUTESUSTAINABILITY ACTION PLANS

BOARD OF DIRECTORSCONSIDER IMPORTANT

DIRECTION FORMAJOR INNOVATIONS

RELATING TOCORPORATE

SUSTAINABILITY

DIRECT COMMITTEESUNDER BOARD OF

DIRECTORSEXECUTE THE BOD'S

STRATEGY AND MONITORTHE SUSTAINABILITY

PLANSIMPLEMENTATION

HOSE has strived to develop HOSE's Corporate Governance (CG) in all of its activities to ensure trust and creditability for all market participants. We applied the international standards to serve as guidelines for establishment of organizational structure, which consists of the Board of Directors' (BOD) Committees for effective communication towards the Board of Management and the departments.

HOSE BOD's Sustainability Taskforce – an unit under BOD’s CG Committee - is responsible to enhance the quality of HOSE's CG as well as organize trainings and workshops to promote good CG practices, and Sustainable Development executive strategy for the market participants.

CORPORATE GOVERNANCE TOWARDS SUSTAINABLE DEVELOPMENT

REVENUE STRUCTURE

COST STRUCTURE CONTRIBUTION TO THE STATE BUDGET

Revenue Structure(Billion VND)

OthersFinancial InvestmentServicesOperational Activities

492.3

380.5

2015 2016 2017

828.2

Cost Structure(Billion VND)

Variable assets Depreciation of fixed assetsCompensation fund for membersMarket surveillance costsSalary costs and employee’s payables

228.9

184.0

2015 2016 2017

294.4

Contribution to the State budget (Billion VND)

Earnings after taxIncome taxes

187.4139.4

2015 2016 2017

390.4

Contribution to the State budget (Billion VND)

Earnings after taxIncome taxes

187.4139.4

2015 2016 2017

390.4

9% 7% 5%7% 7% 6%84% 86% 89%

2015 2016 2017

Cost Structure(Billion VND)

Variable assets Depreciation of fixed assetsCompensation fund for membersMarket surveillance costsSalary costs and employee’s payables

228.9

184.0

2015 2016 2017

294.4

HOSE's revenues come from 03 main sources: operational activities (89%), providing services activities (6%), and financial investments (5%). The year 2017 witnessed a continued success for HOSE, with the robust increase of revenue, up by 68.2% y-o-y. The growth of market liquidity is one of the main factors for the significant rise in revenue from collection of transaction fees.

In 2017, the cost structure significantly changed from the last year, mainly due to the raise in market surveillance cost. The total cost of operation in 2017 was VND 294.4 billion, up by 28.6% y-o-y. Meanwhile, the cost of market surveillance took the largest contribution from total cost with 34.5%, salary and employee's payables were 23.1%, variable assets and depreciation of fixed assets were 17.4%, compensation fund for member was 4.3% and other costs was 20.8%. Along with the impressive market performance in 2017, the necessity and frequency of market surveillance become more crucial.

The contribution of HOSE to the State budget in 2017 was significant, due to the effective operational structure and the great market performance over the year.

In 2017, HOSE contributed to the State budget approx. VND 390.4 billion, increase by 108.3% y-o-y. The HOSE's contributions, consisting of earnings after tax (according to Decree No.91/2015/ND-CP of 13/10/2015) and income taxes, doubled in 2017 due to the robust increase in revenue.

ECONOMIC PERFORMANCE


PAPER CONSUMPTION

WATER CONSUMPTION

ENERGY CONSUMPTION

Total Paper Consumption (Ton/year)

3.063.11

2015 2016 2017

3.60

3.60TON/YEAR

1.541.40

2015 2016 2017

2.64

Total power consumption(Million KwH/year)

DR centerExchange towerHead office

2.64MILLION KWH/YEAR

DrinkingDR centerExchange towerHead office

8,8498,319

2015 2016 2017

8,998

Total Water Consumption(m3/year)

8,998M3/YEAR

ENVIRONMENTAL PERFORMANCE

Since 2016, HOSE has applied various ways to reduce the consumption of paper, especially in printing, through encouraging the use of digital documents and invitation letter along with raising employee's awareness. Thus, although in 2016 the total hosted events were higher and larger than 2015, the total paper consumption reduced, with 3.06 tons/year. In 2017, several strategies were applied to reduce the paper usage, however, to serve the demand of the significantly developing market, the paper consumption in 2017 increased to 3.6 tons/year, up by 17.7% y-o-y.

The total energy consumption in 2017 increased significantly from the previous year by 71.4%. This increase was due to the increase in operation and frequency of usage of the Office Building and DR Centre. The year 2017 was also a year of many important events, thus, bringing up the energy usage significantly. Apart from the increase of energy usage, HOSE always focus on saving energy by monitoring the usage situation frequently to ensure the energy was used efficiently and effectively.

Similar to the energy consumption, due to the increase of usage in the Exchange Tower and DR Centre, the total water usage slightly increased from last year. The water usage in the Head Office, however, downed by 27.3% y-o-y, due to the reconstruction of the building finished in 2016. In 2017, the total water usage of HOSE was 8,998m3, up by 1.7% y-o-y.

EMPLOYEES RECRUITMENT

EMPLOYEES WELFARE AND SALARY

Given the significant growth of the market, the total number of new recruited employees in 2017 increased by 48% to 2016. Due to the increase in demand of employees working in Information Technology Department, the number of male employees hired were higher than female employees. The rotation of human resources were also increased significantly due to working requirements and the necessity of knowledge improvement among HOSE employees. The rotation of human resources in 2017 were 7.5%, a desirable rate to enhance competitiveness, encouragement for new ideas and gender diversity.

The employees' salary and payables in HOSE have been complied with the regulations of the Government, which are based on tittles and job description and gender equal. Besides, HOSE has always secured its employee welfare, consisting of welfares, social insurance, medical insurance, and accidental

insurance. Not only compulsory welfare as regulated, HOSE has provided several beneficial programs for the employees, including annual health check, medical insurance, employees gathering to ensure the best working condition for the employees.

Human resources Rotation(%)

5.8

10.3

2015 2016 2017

7.5

Employees Recruitment (Employee)

FemaleMale

1

2015 2016 2017

21

7

11

2316

SOCIAL CONTRIBUTION


On 23/02/2017, Workshop on organising Annual Shareholders' Meeting and improving Investor Relations.

Executive management

level

Mid-management

level

Officer level

SOCIAL CONTRIBUTION

TRAINING PROGRAMS FOR MARKET PARTICIPANTS

TRAINING AND EDUCATION PROGRAMS

INTERNAL TRAINING PROGRAMS

In order to meet the current demand of the securities market, in 2017, HOSE incorporated with a number of market authorities, international associations to host a number of training and education programs for market participants about the international good practice on standards in audit, information disclosure, and Corporate Governance. Some of the most noticeable training topics were the holding Shareholders' meeting, enhancing Sustainable Development, introducing GRI reporting standards, and preparing for the launch of Covered Warrants. Besides, also hosted a number of lectures on the securities market and new products in major universities such as Foreign Trade University, Banking University of Hochiminh City, University of Economics and Law.

Training and human resources development has been one of the top priorities at Hochiminh Stock Exchange, enabling skillful workforces for the development in the future. A total of 26 of training programs were held, suitable to the realistic situations and operated

with diverse topics. The average training hours were 22.6 hours per employee, up by 21% from 2016. As the training program for mid-management level and officer decreased in 2016, HOSE paid more attention for this segment, especially the officers working in operational departments.

Average training hours (hours/year/employee)

18.7

6.3

2015 2016 2017

22.6

2015 2016 2017

DIVERSITY AND EQUALITY

The structure of HOSE human resources in 2017 was not changed much from last year, the total number of employees working at HOSE were 247 people. The%age of female among the organization was 43%, and among the executive management level were 57%. Over the recent years, HOSE has been receiving the attention of the young workforce, with the 22% increase in the group of under 30 years old employees, up by 2% y-o-y.

Male

Female

Under 30 years old 30-50 years old More than 50 years old

The organization Executive management level Age of employees

GENDER STRUCTURE

On 22/12/2017, the internal training on the new investment product - Covered Warrant.

On 16/05/2017, the International Financial Reporting Standards (IFRS) Certificate Presentation Ceremony.


In 2017, HOSE actively created the corporate culture that encourages HOSE executives and staff to promote a friendly, caring and helpful working environment. In 2017, HOSE organized several events including internal trainings, workshops and community events.

SOCIAL CONTRIBUTION

As the human factor is considered as one of the most important factor for the development of the Exchange, HOSE always focuses in enhancing employees' welfare and working capacity. Various events were organized throughout the year, such as annual health check program, health insurance for employees and relatives, gym facilities and yoga sessions.

Moreover, the Union of HOSE also advocated in promoting employees welfare, encouraging the employees through physical and intellectual activities. Over the year 2017, the Union organised multiple internal events, celerating Women’s day, Children’s Day, traditional events for the employees and their families; and maintained financial supports for employees who were having birthdays, funeral, weddings or any difficulties.

CREATING

CORPORATE CULTURE

On 28/10/2017, HOSE Team Building 2017 was held at Da Nang City.

On 22/02/2017, HOSE organised the exhibition highlights President Hochiminh's life.

On 07/04/2017, the annual blood donation event.

On 06/03/2017, the General Meeting of the HOSE Youth Union for the period 2017-2019.

On 20/10/2017, HOSE celebrated Vietnam Women's Day.

HOSE UNDERSTANDS THAT THE HUMAN FACTOR IS THE MOST CRUCIAL FACTOR FOR THE FUNDAMENTAL DEVELOPMENT OF THE ORGANIZATION


984.24 975.52672.01 631.00LOWEST LOWEST HIGHEST HIGHEST

VNIndex

VNIndex

VN30

Throughout the last 17 years of development, HOSE has always been advocate in supporting and developing communities, contributing to various funds for natural disaster, scholarships, gratefulness merit to the retired employees and soldiers, as well as many other charity activities. Besides, HOSE has been hosting a number of annual charity activities such as blood donation, charity trip in the Lunar New Year eve. With the mission to "CREATING SUSTAINABLE PROSPERITY" made by HOSE at the beginning of the year, HOSE and the Dragon Capital Group co-hosted a sustainable event in Nam Cat Tien national forest, planting 625 trees in this area.

CONTRIBUTION TO ENVIRONMENT AND SOCIETY

625 TREES PLANTED IN NAM CAT TIEN

NATIONAL FOREST

On 01/07/2017, representative of HOSE participated in the Tree Planting event at Nam Cat Tien national park.

SOCIETY & COMMUNITY

RESPONSIBILITY


2017 HIGHLIGHTS

Item Highest Date Lowest Date

VNIndex 984.24 29/12/2017 672.01 03/01/2017

VN30 975.52 29/12/2017 631.00 19/01/2017

Trading Volume (Shares) 584,720,782 07/11/2017 84,661,275 03/01/2017

Trading Value (thousand dong) 20,466,764,599 07/11/2017 1,863,464,882 03/01/2017

Foreign Trading

Highest Buy Date Lowest Sell Date


Trading Value (thousand dong) 16,633,416,497 07/11/2017 10,915,691,939 07/11/2017

Lowest Buy Date Lowest Sell Date


Trading Value (thousand dong) 104,980,040 09/10/2017 115,664,375 04/10/2017

STATISTICS

VNINDEX PERFORMANCE 2013 - 2017

1,200

1,000

800

600

400

200

0

20172016201520142013

SECTOR INDICES PERFORMANCE1,600

1,400

1.200

1,000

800

600

400

200

0

01/2017 12/201711/201710/201709/201708/201707/201706/201705/201704/201703/201702/2017

: VNCOND

: VNCONS

: VNENE

: VNFIN

: VNHEAL

: VNIND

: VNIT

: VNMAT

: VNREAL

: VNUTI

HOSE INDEX SERIES PERFORMANCE

1,200

1,000

800

600

400

200

001/2017 12/201711/201710/201709/201708/201707/201706/201705/201704/201703/201702/2017

: VN30

: VNMIDCAP

: VN100

: VNSMALL

: VNALL

1,400

1,200

1,000

800

600

400

200

0

TOTAL RETURN INDICES PERFORMANCE

01/2017 12/201711/201710/201709/201708/201707/201706/201705/201704/201703/201702/2017

: VN30TRI

: VNMIDCAPTRI

: VN100TRI

: VNSMALLTRI

: VNALLTRI


0,00

200,00

400,00

600,00

800,00

1.000,00

1.200,00

0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

350.000.000

VOLUME CHART OF ORDER MATCHING TRADING : Order matching volume (shares) : VNIndex

1,200

1,000

800

600

400

200

0

350,000,000

300,000,000

250,000,000

200,000,000

150,000,000

100,000,000

50,000,000

0,00

TOP 10 TRADING VOLUME SHARES IN 2017

No. Ticker Name of Listed CompaniesClosing price

(29/12/17) (VND thousand)

Trading Volume

(Shares)

Proportion (%)

1 FLC FLC Group JSC 6.98 4,122,031,390 8.73%

2 HQC Hoang Quan Consulting – Trading – Service Real Estate Corporation 2.61 2,269,738,775 4.81%

3 ITA Tan Tao Investment and Industry Corporation 3.26 1,691,126,437 3.58%4 HAG Hoang Anh Gia Lai JSC 7.35 1,314,708,818 2.78%5 OGC Ocean Group Joint Stock Company 2.02 1,125,331,810 2.38%6 STB Sai Gon Thuong Tin Commercial Joint Stock Bank 12.85 1,084,933,536 2.30%7 HPG Hoa Phat Group Joint Stock Company 46.85 1,055,251,562 2.23%8 DXG Dat Xanh Real Estate Service & Construction Corporation 21.55 1,033,741,771 2.19%9 FIT F.I.T Group Joint Stock Company 8.45 971,569,318 2.06%

10 SCR Sai Gon Thuong Tin Real Estate Joint Stock Company 9.21 964,631,760 2.04%

Total 15,633,065,177 33.11%

10 HIGHEST TRADING VALUE SHARES IN 2017

No. Ticker Name of Listed CompaniesClosing price

(29/12/17) (VND thousand)

Trading Value

(VND billion)

Proportion (%)

1 ROS FLC FAROS Construction Joint Stock Company 181.70 102,802 9.96%

2 VNM Viet Nam Dairy Products Joint Stock Company 208.60 65,636 6.36%

3 NVL No Va Land Investment Group Corporation 65.10 41,678 4.04%

4 HPG Hoa Phat Group JSC 46.85 38,440 3.72%

5 FLC FLC Group Joint Stock Company 6.98 30,490 2.95%

6 MSN MaSan Group Corporation 76.70 23,501 2.28%

7 HBC Hoa Binh Construction Group Joint Stock Company 44.40 23,450 2.27%

8 VRE Vincom Retail Joint Stock Company 47.15 22,603 2.19%

9 HSG Hoa Sen Group 24.50 21,355 2.07%

10 SSI Saigon Securities Incorporation 28.80 20,581 1.99%

Total 390,535 37.84%

STATISTICS

2017 FOREIGN INVESTORS BUY/SELL ORDERS VOLUME BY MONTHS

Month

BUY SELL

No. of Trading

Sessions

No. of Orders

Orders/Session

Order Volume

(Shares)

Order Volume/Session (Shares)

No. of Orders

Orders/Session

Order Volume

(Shares)


1 17 31,143 1,832 127,218,770 7,483,457 31,637 1,861 160,189,110 9,422,8892 19 41,325 2,175 167,266,980 8,803,525 40,858 2,150 206,268,680 10,856,2463 23 62,712 2,727 246,302,130 10,708,788 45,268 1,968 324,280,430 14,099,1494 19 51,106 2,690 206,208,720 10,853,091 34,057 1,792 161,267,180 8,487,7465 21 51,007 2,429 254,705,380 12,128,828 42,934 2,044 220,760,040 10,512,3836 22 67,062 3,048 284,736,410 12,942,564 42,475 1,931 249,188,630 11,326,7567 21 66,914 3,186 246,863,290 11,755,395 46,037 2,192 258,960,200 12,331,4388 23 62,396 2,713 372,893,300 16,212,752 49,117 2,136 247,803,670 10,774,0739 20 55,035 2,752 264,286,510 13,214,326 51,152 2,558 268,173,620 13,408,681

10 22 49,649 2,257 192,221,420 8,737,337 44,683 2,031 238,008,050 10,818,54811 22 78,542 3,570 542,236,180 24,647,099 69,762 3,171 322,542,500 14,661,023

12 21 76,253 3,631 337,284,370 16,061,160 66,067 3,146 294,120,870 14,005,756

VNXALLSHARE PERFORMANCE

01/2017 02/2017 03/2017 04/2017 05/2017 06/2017 07/2017 08/2017 09/2017 10/2017 11/2017 12/2017

1,600

1,400

1,200

1,000

800

600

400

200

0

01/2

017

02/2

017

03/2

017

04/2

017

05/2

017

06/2

017

07/2

017

08/2

017

09/2

017

10/2

017

11/2

017

12/2

017


2017 BUY/SELL ORDERS VOLUME BY MONTHS

Month

BUY SELL

No. of Session

No. of Orders

Orders/Session

Order Volume

(Shares)


No. of Orders

Orders/Session

Order Volume

(Shares)


1 17 685,841 40,344 3,069,315,920 180,547,995 669,509 39,383 3,110,615,480 182,977,3812 19 1,251,957 65,892 5,842,650,850 307,507,939 1,077,566 56,714 5,480,790,440 288,462,6553 23 1,566,082 68,091 7,746,994,500 336,825,848 1,363,875 59,299 7,568,520,350 329,066,1024 19 1,184,619 62,348 5,688,264,350 299,382,334 1,019,707 53,669 5,585,755,530 293,987,1335 21 1,683,368 80,160 8,399,841,850 399,992,469 1,459,890 69,519 7,661,469,030 364,831,8596 22 1,725,440 78,429 7,457,934,370 338,997,017 1,492,398 67,836 7,366,140,210 334,824,5557 21 1,682,218 80,106 7,540,422,090 359,067,719 1,426,995 67,952 7,660,786,520 364,799,3588 23 1,776,647 77,246 8,834,278,750 384,099,076 1,527,166 66,399 8,271,511,560 359,630,9379 20 1,419,553 70,978 5,481,799,250 274,089,963 1,231,060 61,553 5,512,069,990 275,603,500

10 22 1,539,780 69,990 6,146,729,040 279,396,775 1,332,116 60,551 6,025,850,400 273,902,29111 22 1,869,240 84,965 7,243,726,020 329,260,274 1,655,304 75,241 7,056,039,880 320,729,085

12 21 1,875,609 89,315 7,209,275,830 343,298,849 1,614,862 76,898 6,990,907,830 332,900,373

2017 TRADING STATISTICS BY MONTHS

Month

ORDER MATCHING TRADING PUT-THROUGH TRADING TOTAL

No. of Sessions

Total Trading Volume

(Shares)

Average Trading Volume

(Shares)

Total Trading

Value (VND

Billion)

Average Trading

Value (VND

Billion)


(Shares)

Total Trading

Value (VND

Billion)


(Shares)

Total Trading

Value (VND

Billion)

1 17 1,486,512,800 87,441,929 29,782 1,752 207,079,718 7,534 1,693,592,518 37,3162 19 3,096,622,990 162,980,157 55,445 2,918 190,369,002 6,156 3,286,991,992 61,6013 23 4,109,960,160 178,693,920 77,614 3,375 390,304,902 11,311 4,500,265,062 88,9254 19 3,090,079,500 162,635,763 62,708 3,300 405,299,435 13,800 3,495,378,935 76,5085 21 4,389,354,900 209,016,900 92,439 4,402 412,574,114 12,074 4,801,929,014 104,5136 22 3,970,955,070 180,497,958 78,387 3,563 670,020,990 17,168 4,640,976,060 95,5557 21 4,064,634,860 193,554,041 70,902 3,376 419,319,584 12,247 4,483,954,444 83,1498 23 4,436,162,450 192,876,628 78,612 3,418 328,312,707 9,021 4,764,475,157 87,6339 20 2,851,459,320 142,572,966 63,707 3,185 312,485,183 8,295 3,163,944,503 72,002

10 22 3,211,629,040 145,983,138 67,643 3,075 448,032,517 16,858 3,659,661,557 84,50111 22 3,977,210,460 180,782,294 94,826 4,310 1,130,827,940 59,637 5,108,038,400 154,462

12 21 3,796,804,640 180,800,221 90,428 4,306 674,540,691 24,590 4,471,345,331 115,018

TOTAL TRADING VALUE BY TYPES OF SECURITIES OVER THE YEARS (2015, 2016, 2017)

Year No. of Sessions Shares (VND Billion)

Fund Certificates(VND Billion)

Bonds (VND Billion)

Total Trading Value

(VND Billion)

2015 248 482,047 371 4,990 487,408

2016 251 602,026 625 10,471 613,122

2017 250 1,041,234 2,737 17,212 1,061,183

3 YEARS TRADING STATISTICS (2015, 2016, 2017)

Year

ORDER MATCHING TRADING PUT THROUGH TRADING TOTAL

No, of Sessions


(Shares)

Average Trading Volume

(Shares)

Total Trading

Value (VND

Billion)

Average Trading

Value (VND

Billion)


(Shares)

Total Trading

Value (VND

Billion)


(Shares)

Total Trading

Value (VND

Billion)

2015 248 25,358,974,000 102,253,927 414,121 1,670 2,854,152,771 73,286 28,213,126,771 487,407

2016 251 28,327,163,820 112,857,226 500,422 1,994 4,104,584,788 112,700 32,431,748,608 613,122

2017 250 42,481,386,190 169,925,545 862,493 3,450 5,589,166,783 198,690 48,070,552,973 1,061,183

FOREIGN INVESTOR TRADING STATISTICS (ORDER MATCHING TRADING AND PUT-THROUGH TRADING INCLUSIVE)

YearTRADING VOLUME (Shares) TRADING VALUE (VND Billion)

Buy Sell Gap Buy Sell Gap

2015 2,293,512,575 2,086,926,618 206,585,957 68,438 66,397 2,041

2016 2,443,170,840 2,639,409,468 -196,238,628 89,538 97,268 -7,729

2017 3,676,822,643 3,262,360,171 414,462,472 169,563 143,138 26,424

FOREIGN INVESTOR TRADING STATISTICS BY TYPES OF SECURITIES IN 2017

Order Matching Trading

Types

BUY SELL GAP

Total Trading

Volumes%

Total Trading

Value (VND

Billion)

%Total

Trading Volumes

%

Total Trading

Value (VND

Billion)

%Total

Trading Volumes

Total Trading

Value (VND

Billion)

Stocks 2,145,749,600 5,06% 82,695 9.60% 2,004,420,500 4.73% 67,612 7.85% 141,329,100 15,083

Fund Certificates 25,522,110 38,03% 347 39.02% 18,069,310 26.92% 232 26.15% 7,452,800 114

Bonds 0 0,00% 0 0.00% 0 0.00% 0 0.00% 0 0

Put – Through Trading

Types

BUY SELL GAP

Total Trading

Volumes%

Total Trading

Value (VND

Billion)

%Total

Trading Volumes

%

Total Trading

Value (VND

Billion)

%Total

Trading Volumes

Total Trading

Value (VND

Billion)

Stocks 1,374,127,309 25.98% 84,189 46.87% 1,230,901,876 23.27% 74,842 41.66% 143,225,433 9,347

Fund Certificates 125,730,000 93.56% 1,733 93.74% 5,248,730 3.91% 66 3.58% 120,481,270 1,667

Bonds 5,693,624 3.43% 599 3.48% 3,719,755 2.24% 385 2.24% 1,973,869 214

STATISTICS


2017 FOREIGN INVESTOR TRADING STATISTICS BY MONTHS

Month TOTAL TRADING VOLUME (Shares) TOTAL TRADING VALUE (VND Billion)

Buy % Sell % Gap Buy % Sell % Gap

1 142,452,061 8.41% 155,781,084 9.20% -13,329,023 6,802 18.23% 6,212 16.65% 590

2 172,643,566 5.25% 184,200,784 5.60% -11,557,218 7,722 12.54% 7,123 11.56% 599

3 239,095,650 5.31% 295,307,187 6.56% -56,211,537 10,970 12.34% 8,658 9.74% 2,313

4 282,118,034 8.07% 241,688,480 6.91% 40,429,554 12,209 15.96% 9,936 12.99% 2,273

5 226,465,037 4.72% 241,802,144 5.04% -15,337,107 9,537 9.13% 8,198 7.84% 1,340

6 263,394,754 5.68% 222,573,698 4.80% 40,821,056 9,956 10.42% 7,842 8.21% 2,114

7 359,671,278 8.02% 299,276,349 6.67% 60,394,929 12,303 14.80% 9,752 11.73% 2,551

8 245,083,768 5.14% 194,209,085 4.08% 50,874,683 9,127 10.41% 6,474 7.39% 2,653

9 210,834,156 6.66% 232,479,608 7.35% -21,645,452 7,802 10.84% 8,036 11.16% -234

10 239,206,077 6.54% 225,445,739 6.16% 13,760,338 10,820 12.80% 10,655 12.61% 165

11 956,586,352 18.73% 688,381,143 13.48% 268,205,209 54,368 35.20% 43,947 28.45% 10,421

12 339,271,910 7.59% 281,214,870 6.29% 58,057,040 17,947 15.60% 16,306 14.18% 1,640

2017 TRADING PROPORTION OF FOREIGN INVESTORS

Securities TypeTRADING VOLUME PROPROTION TRADING VALUE PROPROTION

Buy Sell Buy Sell

Stocks 7.38% 6.78% 16.03% 13.68%

Fund Certificates 75.07% 11.57% 75.98% 10.90%

Bonds 3.43% 2.24% 3.48% 2.24%

2017 TRADING STATISTICS OF EACH TYPE OF SECURITIES BY TYPES OF TRADING

Stocks

Types of TradingTOTAL TRADING VOLUME (Shares) TOTAL TRADING VALUE (VND Billion)

2015 2016 2017 2015 2016 2017

Order Matching 25,340,241,560 28,310,809,420 42,414,275,920 413,942 500,259 861,605

Put-through 2,785,273,335 3,956,928,939 5,288,794,545 68,105 101,767 179,629

Total 28,125,514,895 32,267,738,359 47,703,070,465 482,047 602,026 1,041,234

Fund Certificates

Types of TradingTOTAL TRADING VOLUME (Fund Certificates) TOTAL TRADING VALUE (VND Billion)

2015 2016 2017 2015 2016 2017

Order Matching 18,732,440 16,354,400 67,110,270 179 163 888

Put-through 20,341,080 45,522,380 134,377,380 192 462 1,849

Total 39,073,520 61,876,780 201,487,650 371 625 2,737

STATISTICS

Bonds

Types of TradingTOTAL TRADING VOLUME (Bonds) TOTAL TRADING VALUE (VND Billion)

2015 2016 2017 2015 2016 2017

Order Matching 0 0 0 0 0 0

Put-through 48,538,356 102,133,469 165,994,858 4,990 10,471 17,212

Total 48,538,356 102,133,469 165,994,858 4,990 10,471 17,212

LISTED FUND CERTIFICATES

No. Symbol Fund Name Asset Management Supervising Bank

First Trading

Day

Listing Volume

(Fund Certificates)

NAV(VND/unit)

1 E1VFVN30 VFMVN30 ETF Vietnam Securities Investment Fund

Standard Charter Bank (Vietnam) Limited 06/10/2014 170,200,000 16,105

2 FUCTVGF1 TVAM Growth Fund

Thien Viet Asset Management

Joint Stock Commercial Bank for Investment and Development off Vietnam (BIDV) – Ha Thanh Branch

22/12/2016 15,000,000 13,734

3 FUCVREITTechcom Vietnam REIT Fund

Mr. Luu Dung, Dang


27/02/2017 5,000,000 14,033

4 FUESSV50 SSIAM VNX50 ETF

SSI Asset Management Company Limited


24/10/2017 9,700,000 12,860


2017 NEW LISTED COMPANIES

No. Symbol Company NameFirst

Trading Day

Listed Value (VND)

1 BHN Hanoi Beer Alcohol and Beverage Joint Stock Corporation 19/01/2017 2,318,000,000,0002 BWE Binh Duong Water Environment Joint Stock Company 20/07/2017 1,500,000,000,0003 CEE CII Engineering and Construction JSC 15/05/2017 415,000,000,0004 CTF City Auto Corporation 30/05/2017 180,000,000,0005 CTS Vietnam Bank for Industry and Trade Securities Joint Stock Company 20/06/2017 904,237,570,0006 CVT CMC Joint Stock Company 05/10/2017 282,239,030,0007 EVG Everland Investment Joint Stock Company 08/06/2017 300,000,000,0008 FTM Duc Quan Investment and Development Joint Stock Company 06/02/2017 500,000,000,0009 FTS FPT Securities Joint Stock Company 13/01/2017 903,437,270,000

10 HII An Phat – Yen Bai Mineral & Plastic Joint Stock Company 22/06/2017 136,000,000,00011 HTT Ha Tay Trading Joint Stock Company 05/07/2017 200,000,000,00012 IBC Apax Holdings Joint Stock Company 15/12/2017 688,800,000,00013 LEC Central Power Real Estate Joint Stock Company 14/06/2017 261,000,000,00014 PLP Pha Le Plastics Manufacturing and Technology Joint Stock Company 21/08/2017 150,000,000,00015 PLX Viet Nam National Petroleum Group 21/04/2017 12,938,780,810,00016 PME Pymepharco Joint Stock Company 08/11/2017 652,275,000,00017 SBV Siam Brothers Vietnam Joint Stock Company 16/05/2017 205,400,000,00018 SJF Sunstar Investment Joint Stock Company 05/07/2017 660,000,000,00019 TCD Transport and Industry Development Investment Joint Stock Company 26/05/2017 324,850,000,00020 TDG Thaiduong Petrol Joint Stock Company 15/06/2017 129,000,000,00021 THI Electrical Equipment Joint Stock Company 15/06/2017 488,000,000,000

22 TLD Thang Long Urban Development and Construction Investment Joint Stock Company 07/12/2017 180,000,000,000

23 TNI Thanh Nam Group Joint Stock Company 29/05/2017 210,000,000,00024 TVT Viet Thang Corporation 17/07/2017 210,000,000,00025 VCI Viet Capital Securities Joint Stock Company 07/07/2017 1,032,000,000,00026 VDP Vidipha Central Pharmaceutical Joint - Stock Company 15/08/2017 127,829,040,00027 VDS Viet Dragon Securities Corporation 19/07/2017 700,000,000,00028 VJC VietJet Aviation Joint Stock Company 28/02/2017 3,000,000,000,00029 VND VNDIRECT Securities Corporation 18/08/2017 1,549,981,650,00030 VPB VietNam Prosperity Joint Stock Commercial Bank 17/08/2017 13,326,890,350,000

31 VRE Vincom Retail Joint Stock Company 06/11/2017 19,010,787,330,000

2017 DELISTED COMPANIES

No. Symbol Company Name Delisting Date

Total Delisted Volume (Shares)

1 ATA NTACO Co. 06/02/2017 11,999,998

2 BGM Bac Giang Exploitable Mineral Joint Stock Company 10/08/2017 45,753,840

3 BHS Bien Hoa Sugar Joint Stock Company 30/08/2017 297,874,449

4 CYC Chang Yih Ceramic Joint Stock Company 11/05/2017 1,990,530

5 TIC Tay Nguyen Electricity Investment Joint Stock Company 12/10/2017 24,656,988

6 VNA Vinaship Joint Stock Company 21/04/2017 20,000,000

7 VNH Viet Nhat Seafood Corporation 23/03/2017 8,023,071

STATISTICS

LIST OF 30 LARGEST MARKET CAPITALIZED STOCKS

No. Symbol Name of Listed CompaniesShares

Outstanding(Shares)

Listed Volume

(Shares)

Market Cap(29/12/2017)(VND Billion)

1 VNM Viet Nam Dairy Products Joint Stock Company 1,451,278,700 1,451,453,429 302,7372 VIC VINGROUP Joint Stock Company 2,637,707,954 2,637,707,954 203,8953 VCB Joint Stock Commercial Bank For Foreign Trade Of Viet Nam 3,597,768,575 3,597,768,575 195,3594 GAS PetroVietnam Gas Joint Stock Corporation 1,913,348,070 1,913,950,000 186,3605 SAB Saigon Beer – Alcohol – Beverage Corporation 641,281,186 641,281,186 159,8716 CTG Viet Nam Joint Stock Commercial Bank For Industry And Trade 3,723,404,556 3,723,404,556 90,1067 VRE Vincom Retail Joint Stock Company 1,901,078,733 1,901,078,733 89,636

8 BID Joint Stock Commercial Bank for Investment and Development of Vietnam 3,418,715,334 3,418,715,334 87,177

9 PLX Viet Nam National Petroleum Group 1,158,813,235 1,293,878,081 86,91110 ROS FLC FAROS Construction Joint Stock Company 472,999,999 472,999,999 85,94411 MSN MaSan Group Corporation 1,047,474,042 1,157,373,974 80,34112 HPG Hoa Phat Group Joint Stock Company 1,516,909,673 1,517,079,000 71,06713 VJC VietJet Aviation Joint Stock Company 451,343,284 451,343,284 66,25714 VPB VietNam Prosperity Joint Stock Commercial Bank 1,497,403,415 1,497,403,415 61,39415 MBB Military Commercial Joint Stock Bank 1,815,505,363 1,815,505,363 46,11416 BVH Bao Viet Holdings 680,471,434 680,471,434 44,43517 MWG Mobile World Investment Corporation 316,754,277 307,765,789 41,49518 NVL No Va Land Investment Group Corporation 622,828,788 622,828,788 40,54619 FPT FPT Corporation 530,878,729 530,961,105 30,31320 BHN Hanoi Beer Alcohol and Beverage Joint Stock Corporation 231,800,000 231,800,000 29,57821 STB Sai Gon Thuong Tin Commercial Joint Stock Bank 1,803,653,429 1,885,215,716 23,17722 CTD Coteccons Construction Joint Stock Company 76,534,844 77,050,000 17,33523 EIB Vietnam Export Import Commercial Joint Stock Bank 1,229,432,904 1,235,522,904 15,55224 DHG DHG Pharmaceutical Joint Stock Company 130,746,071 130,746,071 15,03625 PNJ Phu Nhuan Jewelry Joint Stock Company 108,101,325 108,102,034 14,81026 SSI Saigon Securities Incorporation 499,849,370 490,063,684 14,39627 REE Refrigeration Electrical Engineering Corporation 310,050,926 310,058,841 12,86728 SBT Thanh Thanh Cong - Bien Hoa Joint Stoc Company 557,018,673 557,018,673 11,58629 GMD Gemadept Corporation 288,276,957 288,276,957 11,574

30 NT2 PetroVietnam Power Nhon Trach 2 Joint Stock Company 287,876,029 287,876,029 9,644

2017 TOP 10 SECURITIES FIRMS IN SHARES AND FUND CERTIFICATES BROKERAGE VALUE

STT Name of securities firms Abbreviation

1 Saigon Securities Incorporation SSI

2 Hochiminh City Securities Corporation HSC

3 Viet Capital Securities Joint Stock Company VCSC

4 Vndirect Securities Corporation VNDS

5 MB Securities Joint Stock Company MBS

6 Baoviet Securities Joint Stock Company BVSC

7 Saigon Hanoi Securities Joint Stock Company SHS

8 BIDV Securities Joint Stock Company BSC

9 Artex Securities Joint Stock Company ART

10 FPT Securities Joint Stock Company FPTS


LISTING OF STOCKS, BONDS, FUND CERTIFICATES IN THE LAST 3 YEARS

Year Up/Down

(compared to 2016)

2017 2016 2015

1. Numbers of listing securities, including: 8.40% 387 357 347

Stocks 7.50% 344 320 307

Fund Certificates 100.00% 4 2 1

Bonds 11.43% 39 35 39

2. Volume of listing securities, including: 21.84% 60,360,940,807 49,540,805,043 42,610,727,042

Stocks 21.48% 59,998,107,197 49,388,696,667 42,486,716,578

Fund's Certificates 249.48% 199,900,000 57,200,000 37,700,000

Bonds 71.67% 162,933,610 94,908,376 86,310,464

Municipal -26.18% 20,920,000 28,340,000 33,590,000

Corporate 113.33% 142,013,610 66,568,376 52,720,464

3. Value of listing securities - VND Bil., including: 22.67% 618,285 504,011 434,071

Stocks 21.48% 599,981 493,887 424,867

Fund's Certificates 249.48% 1,999 572 377

Bonds 70.70% 16,305 9,552 8,827

Municipal -26.18% 2,092 2,834 3,359

Corporate 111.57% 14,213 6,718 5,468

4. Market capitalization of stocks (VND Bil.) 75.24% 2,614,150 1,491,778 1,146,925

STATISTICS


ANNUAL REPORT 2017 - static2.vietstock.vnstatic2.vietstock.vn/vietstock/2018/5/7/20180507_HOSE -...

Documents

Transcript of ANNUAL REPORT 2017 - static2.vietstock.vnstatic2.vietstock.vn/vietstock/2018/5/7/20180507_HOSE -...