Mercantile Exchange of Vietnam - MXV operates as a Joint Stock Company and is licensed by the Ministry of Industry & Trade (the only and indefinite license managed by the Ministry of Industry & Trade).
On December 28th, 2006, the Prime Minister issued Decree No. 158/2006/ND-CP detailing the Commercial Law regarding the establishment of the Commodity Exchange and trading commodities through it.
On September 1st, 2010, the Ministry of Industry & Trade granted license No. 4596/GP-BCT to establish the first Commodity Exchange in Vietnam - Mercantile Exchange of Vietnam. According to the license, the Ministry of Industry & Trade allows MXV to conduct coffee, rubber and steel transactions.
On April 4th, 2018, the Prime Minister officially signed Decree No. 51/2018/ND-CP on amending and supplementing a number of articles of Decree 158/2006/ND-CP of the Government detailing the Commercial Law on trading commodities through MXV.
On June 8th, 2018, Ministry of Industry & Trade officially signed the license No. 486/GP-BCT establishing Commodity Exchange, allowing the official name of the domestic transaction to be used: “Sở Giao dịch Hàng hóa Việt Nam” and international transaction name: “Mercantile Exchange of Vietnam” (MXV).
On June 18th, 2018, MXV submitted a document of commodities allowed for interconnected transactions and approved by the Ministry of Industry & Trade according to the principles of Decree No. 51/2018/ND-CP.
On June 20, 2018, MXV obtained its Legal Entity Identifier (LEI) no 549300DGJGJ3U1RBZ454, delivered by The Financial Stability Board (FSB) and applied to all financial transactions with European partners.
After being allowed to implement trading activities, MXV made active the trading platform Vision Commodity, whereby globally-traded financial products can be widely provided to traders, both worldwide and countrywide, especially those who are interested in commodity trading.