The leaders of the State Securities Commission have requested that stock exchanges and the Vietnam Securities Depository and Clearing Corporation (VSDC) put the new information technology system into operation by 2025.
Ms. Vu Thi Chan Phuong - Chairperson of the State Securities Commission - Photo: SSC
The Vietnam Stock Exchange (VNX) recently held a conference to summarize its work in 2024 and outline its tasks for 2025.
Speaking at the conference, Ms. Vu Thi Chan Phuong, Chairwoman of the State Securities Commission, proposed several key plans for VNX to implement in 2025.
This includes requiring stock exchanges and the Vietnam Securities Depository and Clearing Corporation (VSDC) to put the new information technology system into operation.
Simultaneously, research, upgrades, and development of information technology systems and new trading systems are being undertaken to ensure they meet trading demands upon market upgrade.
"VNX and its subsidiaries should enhance their proactiveness, specifically reporting difficulties and obstacles, and anticipating potential problems when upgrading the market status and when the new information technology system comes into operation, in order to contribute feedback to the Securities Commission, the Ministry of Finance , and the Government when drafting legal documents," Ms. Phuong requested.
In addition, Ms. Phuong suggested that VNX needs to ensure the safe, stable, and smooth operation of trading at stock exchanges.
VNX is also tasked with researching and developing new products for the market, along with its subsidiaries, such as launching the VN30 index; implementing the VN100 futures contract in Q1 2025; reporting to the State Securities Commission and the Ministry of Finance on the classification plan for listed stocks; and developing new products, other indices, and new markets (the market for small and medium-sized enterprises, the market for innovative startups, etc.).
At the same time, Ms. Phuong instructed VNX, HoSE, HNX, and VSDC to proactively participate in providing feedback on amending legal documents such as the Decree guiding the amended Securities Law and to strengthen inspection and supervision, especially supervision from securities companies.
Mr. Luong Hai Sinh, chairman of the VNX board of members, said he had taken note of the directives from the chairman of the Securities Commission.
Earlier at the conference, VNX leaders presented a report on the results of VNX's work in 2024 and the implementation of tasks for 2025.
In 2024, VNX affirmed that it had operated the trading market safely, stably, and smoothly. Simultaneously, it researched and improved stock indices, revised and supplemented the VN30 Index Rules, and developed the VN100 Index Futures contract product, achieving certain results and contributing to diversifying investment products and improving product quality.
At the same time, this agency has also carried out management, supervision, and periodic inspection of members, detecting violations; proactively implemented and closely coordinated with the State Securities Commission in compliance monitoring, transaction monitoring, handling suspicious transactions, and dealing with violations…
Source: https://tuoitre.vn/chu-tich-uy-ban-chung-khoan-dua-he-thong-cong-nghe-moi-vao-van-hanh-nam-2025-20241217173223428.htm
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