Vietnam
NEW PLATFORM FOR STOCK MARKET LAUNCHED
Vietnam’s stock market, celebrating its 25th anniversary, has significantly evolved into a robust capital mobilisation channel, supporting economic and enterprise growth. From just two listed companies and 0.28% of GDP capitalisation in 2000, the market now includes over 1,600 listed firms, 82 securities companies, and 10 million investor accounts, with stock and bond capitalisation nearing 100% of GDP. A key milestone is the trial implementation of the KRX trading platform, which has run stably for three months. This modern, integrated system will unify the Ho Chi Minh City and Hanoi exchanges with the Vietnam Securities Depository and Clearing Corporation, paving the way for international-standard trading operations. It also enables the launch of new financial products and supports market upgrading efforts. Officials, including Nguyen Thi Viet Ha (HSX) and Luong Hai Sinh (Vietnam Stock Exchange), highlight the market's impressive progress in liquidity, scale, and transparency, establishing Vietnam as one of the most vibrant markets in ASEAN. Finance Minister Nguyen Van Thang emphasized that while the sector faces substantial challenges ahead, it remains committed to fostering a transparent and dynamic financial ecosystem that contributes to national socioeconomic development. HSX received a prime ministerial award for its achievements and contributions to market sustainability. (ICE HO CHI MINH CITY)
Fonte notizia: Vietnam Investment Review
