A brokerage member must have a charter capital of 5 billion VND (220,000 USD) or more while a trading member must have at least 75 billion VND.
The decree stipulates that the commodity exchange must have a charter capital of at least 150 billion VND (6.6 million USD) and an IT system that meets technical requirements in processing purchase and selling orders as well as a software solution with a capacity of tracing transactions, payment and delivery for at least five years.
The Ministry of Industry and Trade will be responsible for verifying and granting the establishment licence.
The decree, which was issued on April 9, amends and supplements a number of articles of the government’s Decree No. 158/2006/ND-CP, dated December 28, 2006, on the conditions for the establishment of commodity exchange.
