Vietnam 2022 THE MAXIMUM PRICE FOR AUCTION OF SHARES IS VND 150 MILLION/AUCTION FROM 2022

Date
2022-01-11 19:18
The Ministry of Finance promulgates the Circular No. 102/2021/TT-BTC prescribing prices of services in the field of securities applicable to securities trading organizations and commercial banks participating in the Vietnam’ securities market on November 17, 2021.

According to the Circular, the price for the auction service is from VND 20 million/auction of shares/type of securities to 0.15% of the total value of shares and types of securities actually sold, but does not exceed VND 150 million/auction.

Besides, the price for the service of brokerage of stocks, fund certificates, covered warrants (for listed securities and securities registered for trading) is 0.45% of trading value in maximum. The price for the service of securities issuance underwriting upon equitization of State-owned enterprises is from 0.5% to 2% of underwriting value of securities being stocks; etc.

In addition, providers of services in the field of securities must post up and publicize the prices of services they provide, and comply with law regulations on price, securities and relevant guiding documents.

This Circular takes effect on January 01, 2022 and replaces the Circular No. 128/2018/TT-BTC.