The State Securities Commission of Vietnam (SSC) is currently exploring solutions to support foreign direct investment (FDI) enterprises seeking to go public amid growing demand for new commodities on the market, said Vice Chairman of SSC Bui Hoang Hai.

Deputy Minister of Finance Nguyen Duc Chi has urged the securities industry to accelerate administrative reform, adopt cutting-edge technology, and continue tackling obstacles hindering market upgrade.

As many as 40 enterprises with capitalisation of over US$1 billion each had been listed on the Ho Chi Minh Stock Exchange (HoSE) by the end of 2024, the bourse has announced.

Binh Son Refining and Petrochemical Company (BSR) has announced its delisting from the UPCoM exchange on January 7, 2025, as it has been accepted for listing on the Ho Chi Minh City Stock Exchange (HoSE).

The Vietnamese stock market has evolved significantly from its earlier rudimentary state.

The number of newly opened securities accounts in Vietnam saw a substantial increase last month, reversing the previous decline in April, according to the Vietnam Securities Depository and Clearing Corporation.

The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over VND5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.

The Vietnam Stock Exchange (VNX) reported revenue of over VND1.92 trillion (US$78.26 million) in 2023, down nearly 44% compared to the previous year.

The Ho Chi Minh Stock Exchange (HoSE) began its first trading session following the Tet (Lunar New Year) festival with a gong-beating ceremony on February 19, the 10th day of the lunar year.

The Ho Chi Minh Stock Exchange (HoSE) on January 4 announced that as of December 29, 2023, there had been 42 enterprises with capitalisation of over US$1 billion listed on the HoSE.