Information Dissemination and Settlement Procedures of Vietnamese Stock Market
HANOI UNIVERSITY
FACULTY OF MANAGEMENT AND TOURISM
FINANCIAL MANAGEMENT SEMINAR REPORT
Information Dissemination and Settlement Procedures of Vietnamese Stock Market
Tutor: Mr. Nguyễn Xuân Trường
Group 4 – Tutorial 3 – BA09
Members: Trịnh Tuấn Khang Lê Việt Đức Kiều Ngọc Hương Lê Văn Tâm Vũ Thị Tâm Ong Thị Hằng Hoàng Thị Thu Trang Vũ Ánh Ngọc Nguyễn Minh Trang
Table of content
Page Introduction | 2 | Laws and Regulations | 2 | Insider Trading Rules | 2 | * Prohibition | 2 | * Elements Of The Prohibition | 3 | Settlement procedures | 3 | Clearing Process | 4 | Information Transparency | 5 | Case Study in Vietnam | 5 | Conclusion | 5 | APPENDIX | 6 | | | | |
Introduction Vietnamese stock market is operating at the rapid speed today. Because of this light future, there are more and more people investing in stock market hence it’s crucial for them to well understand the procedures in stock market. Understanding this demand, this report is born to clarify the partial of these procedures: Information dissemination and settlement procedure. Information dissemination procedure is about the steps through which information can be transferred from companies who have stocks to investors who want to buy stocks. Besides, this report identifies which types of information can be disseminated. Settlement procedures gives investors information about the steps to pay money after a transaction as well as the settlement day is also included. Frankly, we hope this report would be helpful for all people who want to take part in the stock market. However, there may be some fatal limitation which needs to be improved to make this report more applicable.
Laws and regulations on information dissemination issue * Chapter VIII, from rule 100 to rule 107, Law on securities market 1. Rule 100 : Parties & Manners to disclose information: Issuing organizations, listing
FACULTY OF MANAGEMENT AND TOURISM
FINANCIAL MANAGEMENT SEMINAR REPORT
Information Dissemination and Settlement Procedures of Vietnamese Stock Market
Tutor: Mr. Nguyễn Xuân Trường
Group 4 – Tutorial 3 – BA09
Members: Trịnh Tuấn Khang Lê Việt Đức Kiều Ngọc Hương Lê Văn Tâm Vũ Thị Tâm Ong Thị Hằng Hoàng Thị Thu Trang Vũ Ánh Ngọc Nguyễn Minh Trang
Table of content
Page Introduction | 2 | Laws and Regulations | 2 | Insider Trading Rules | 2 | * Prohibition | 2 | * Elements Of The Prohibition | 3 | Settlement procedures | 3 | Clearing Process | 4 | Information Transparency | 5 | Case Study in Vietnam | 5 | Conclusion | 5 | APPENDIX | 6 | | | | |
Introduction Vietnamese stock market is operating at the rapid speed today. Because of this light future, there are more and more people investing in stock market hence it’s crucial for them to well understand the procedures in stock market. Understanding this demand, this report is born to clarify the partial of these procedures: Information dissemination and settlement procedure. Information dissemination procedure is about the steps through which information can be transferred from companies who have stocks to investors who want to buy stocks. Besides, this report identifies which types of information can be disseminated. Settlement procedures gives investors information about the steps to pay money after a transaction as well as the settlement day is also included. Frankly, we hope this report would be helpful for all people who want to take part in the stock market. However, there may be some fatal limitation which needs to be improved to make this report more applicable.
Laws and regulations on information dissemination issue * Chapter VIII, from rule 100 to rule 107, Law on securities market 1. Rule 100 : Parties & Manners to disclose information: Issuing organizations, listing
References: Vietnam: Insider Trading Rules in Vietnam, Mai Thi Minh Hang, 18 August 2010, Journal of International Banking Law and Regulation. Thị trường chứng khoán tại Việt Nam, Le Van Te, Tran Dac Sinh, Nguyen Van Ha, 2006, Social Labor publisher, Hanoi. Thông tư Hướng dẫn về việc công bố thông tin trên thị trường chứng khoán ngày 29 tháng 6 năm 2006 của Bộ Tài chính http://www.ssc.gov.vn/portal/page/portal/ubck/qppl/1105661?m_action=1&m_action=1 Thông tư Hướng dẫn về việc công bố thông tin trên thị trường chứng khoán ngày 15 tháng 01 năm 2010 của Bộ Tài Chính http://www.ssc.gov.vn/portal/page/portal/ubck/qppl/1105661?m_action=1&m_action=1 Thông tư Sửa đổi, bổ sung Quy chế đăng ký, lưu ký, bù trừ và thanh toán chứng khoán ngày 22 tháng 10 năm 2007 của Bộ trưởng Bộ Tài chính http://www.ssc.gov.vn/portal/page/portal/ubck/qppl/1105661?m_action=1&m_action=1 Recent legal documents on financial issues, Ministry of Finance of the Socialist Republic of Vietnam 2010 http://www.mof.gov.vn/DefaultE.aspx?tabid=281 Khái niệm - Thuật ngữ http://www.hastc.org.vn/Thuatngu.asp?actType=1&stockType=2#8