Viet Nam's stock market settled higher on the last trading session of the week as stocks in all sectors recovered from recent losses.
The HoSE has also announced the imminent test of a new trading system provided by the Korea Exchange from June 14-August 8.
Large-cap stocks gained ground today, June 11, helping the VN-Index of the Hochiminh Stock Exchange record the highest growth since February 17.
The Ministry of Finance is set to audit the Ho Chi Minh Stock Exchange, which seems to have no solution to cope with the overload on its trading system.
Some freshly-adopted regulatory moves are expected to facilitate more advantageous prerequisites for Vietnamese state-owned enterprises to pick up their divestment pace, and thus enrich the domestic stock market with foreign capital inflows.
Leading stock brokerages like VPS, Mirae Asset, VNDirect, HSC, and FPTS have announced that the cancelation and modification options could be again used except during peak trading hours.
Minister of Finance Ho Duc Phoc has asked ministry inspectors to inspect the Hochiminh Stock Exchange (HoSE) due to the frequent trading system overload on the bourse.
Shares rebounded on Friday morning on strong buying force, with the market benchmark up nearly 23 points.
Ho Chi Minh City Stock Exchange (HSX) will adopt a new trading infrastructure from the Korean Exchange (KRX).