Vietnam: The exchange and the wild shift to retail dominance
From an opening with just two stocks, in a little over two decades Ho Chi Minh City Stock Exchange has risen to a $200 billion market capitalisation.
Euromoney remembers the opening day of the Ho Chi Minh City Stock Exchange, then called the Ho Chi Minh City Securities Trading Center, on July 28, 2000. We were in town for the big moment. There were two stocks and they both hit their trading limits pretty much instantly, whereupon the exchange closed again.