The Vietnamese government has recently issued a decree establishing commodity exchanges and regulating commodity trading.
The decree would create favorable conditions for future development
of the commodities market and establishment of Vietnam commodities exchanges in the near future, and require an enterprise seeking to establish a commodities exchange to have legal capital of VND150 billion ($93.75 million).
Also, commodities brokers would be required to be capitalized at a level of at least VND5 billion ($3.12 million). The Minister of Trade would be authorized to issue, renew or amend licenses for the operation of a commodities exchange, and would also determine those commodities that could be traded on an exchange.
