The KRX trading system is expected to be operational in this May or June, following a testing phase, the State Securities Commission (SSC) has said. ​

The non pre-funding solution has quickly gained traction, now accounting for over 11 % of the total trading value among foreign investors in the market.

While the market eagerly focuses on the third-quarter business results of securities firms, the weak market's liquidity and declining performance of the brokerage sector are undermining the group’s health.

In the context of a vibrant market and increased liquidity, most securities businesses report flourishing earnings results in the third quarter.

The less-optimistic movements of the stock market have negatively impacted the business results of securities firms in the first quarter of the year.

Ordinary citizens face higher risk in the current stock market environment, said the Ministry of Finance in a recent report released after a number of recent high-profile corporate scandals.

The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products.

Many securities companies are planning to raise capital through forms such as dividend payment, purchase rights and private offerings to meet the growth of the stock market.

Even though the stock market is expected to continue rising, securities firms still warned of some corrections in the short-term due to profit-taking pressure.

Securities companies earned a profit of 1.66 trillion VND (71.8 million USD) from selling local equities in the January-September period.

After touching bottom in the first quarter of 2020 because of COVID-19, Vietnam’s stock market staged a strong comeback in the following quarter, allowing securities firms to enjoy sharp increases in both revenue and profit.

Thirteen commercial banks and securities firms will be allowed to join the debt market or Government bonds (G-bonds) market in Vietnam this year.

More than 150 enterprises successfully issued bonds worth total 179.1 trillion VND (7.7 billion USD) in the first nine months of this year, a report on the Hanoi Stock Exchange bond market showed on October 8.

Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.

Vietnam’s booming stock market, recognised as one of the best performers in the world, has raised the value of many securities firms.

Shares rose on July 4 as traders continued to focus on large-cap stocks on expectations of a longer rally.