Upgrading can no longer be delayed, Deputy Minister of Finance Nguyen Duc Chi declared, highlighting the urgency of meeting international standards to elevate Vietnam’s market classification.
Securities companies are set to switch to the new KRX trading system from April 24 to April 30 for official operation on May 2, said the Ho Chi Minh City Stock Exchange (HoSE).
Exchange-traded fund (ETF) SSIAM VN30 on August 18 officially listed 5.6 million shares, worth 56 billion VND (2.4 million USD), on the Ho Chi Minh City Stock Exchange (HOSE).
The COVID-19 pandemic has had significant impacts on the stock market, with all indexes on the Ho Chi Minh City Stock Exchange (HOSE) falling sharply in March.
The new budget carrier Bamboo Airways plans to list 400 million shares on Ho Chi Minh City Stock Exchange or Hanoi Stock Exchange in January 2020 at the earliest.
The State Securities Commission (SSC) has so far licensed16 securities companies to sell 28.9 million covered warrants with a maximum value of 104 billion VND (4.5 million USD).
'There will be no additional personnel. Staff of Hanoi and Ho Chi Minh City Stock Exchanges will be working for Vietnam Stock Exchange. They will run the new stock exchange together.'
This week, Vietnam’s stock markets closed in the green, as the benchmark VN-Index rose 1.34 points to 988.91 points while the HNX-Index inched up 0.7 point to 106.82 points.
Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the second quarter of 2018, accounting for 23.08 percent of the brokerage market share, according to the Ho Chi Minh City Stock Exchange (HoSE).
The benchmark VN-Index fell 13.63 points from the previous trading day to 947.15 points on July 2 when only 62 stocks saw price hikes and 237 others fell.
Techcombank will begin selling its 1.1 billion shares coded TCB on the Ho Chi Minh City Stock Exchange on June 4 with a starting price of 128,000 VND (5.62 USD) per share.
Liquidity at the Ho Chi Minh City Stock Exchange has risen, with more than 192 million shares worth 4.2 trillion VND (186.7 million USD) being traded daily in 2017, up 49 percent in volume and 74 percent in value year-on-year.
The Hanoi Beer, Alcohol and Beverage Corporation (Habeco), the northern large-cap brewer, is collecting opinion from its shareholders on moving from the Unlisted Public Company Market (UPCoM) to the Ho Chi Minh City Stock Exchange (HOSE).