New platform for stock market launched

Jul 30th at 07:49

30-07-2025 07:49:52+07:00

The Ho Chi Minh City Stock Exchange (HSX) launched a new platform to mark the 25th anniversary of the Vietnamese stock market on July 28.

Launching a new platform for the stock market

The KRX trading platform has been running safely and stably on a trial basis for three months.

With new integrated features, this is the next step for the Vietnamese stock market, better meeting development needs and serving businesses and investors, providing an opportunity to deploy new products, as well as aiming to upgrade the market.

"The new platform can unify the stock exchanges and the Vietnam Securities Depository and Clearing Corporation to usher in a new era of modern and more efficient trading, approaching international standards," Nguyen Thi Viet Ha, acting chairwoman of HSX.

Luong Hai Sinh, chairman of the Vietnam Stock Exchange, said that 25 years ago, the Vietnam stock market opened its first trading session, creating an important part of the socialist-oriented market economy.

The stock market has developed impressively in terms of scale, liquidity, and quality, affirming its role as a medium- and long-term capital mobilisation channel for the economy and enterprises, and an attractive investment channel for millions of domestic and foreign investors.

In the early days, the market had only two listed enterprises and four securities companies, and capitalisation reached only 0.28 per cent of GDP. By the end of June 2025, there were over 1,600 listed enterprises, 82 securities companies, and 43 fund management companies, with over 10 million securities investment accounts. The capitalisation scale of the stock and bond market has reached nearly 100 per cent of GDP, and the average liquidity of the stock market in the first half of the year reached over VND21 trillion ($840 million) per session.

"The Vietnamese stock market is one of the most vibrant markets, with capitalisation and liquidity among the top in the ASEAN region," he said.

In the process of building and developing the Vietnamese market, modernising IT infrastructure has contributed to effective market management, operation, and supervision, as well as building a public, transparent, and trustworthy stock market, suitable for each stage of development and approaching international practices and standards.

Ho Chi Minh City Stock Exchange receiving a certificate of merit from the prime minister

At the ceremony for the 25th anniversary of the Vietnamese stock market, Minister of Finance Nguyen Van Thang said that Vietnam is entering a new era of prosperity. "To achieve our goals, the responsibilities and tasks of the finance and securities sectors are heavy, but the finance sector is determined to turn challenges into motivation, contributing to the country's socioeconomic development," he emphasised.

At the ceremony, HSX was proud to receive a certificate of merit from the prime minister for its outstanding achievements in operation and for the sustainable development journey of the department.