Speaking at the event, Ms. Nguyen Thi Viet Ha, Acting Chairwoman of the Ho Chi Minh City Stock Exchange (HOSE) emphasized: "This is a milestone marking the strenuous development journey of the Vietnamese stock market, and at the same time opening a new, more modern and effective development period."
According to Ms. Ha, the new information technology system invested by HOSE has been put into operation since May 5, 2025. This system is built on a unified platform, integrating functions between the Exchanges and the Vietnam Securities Depository and Clearing Corporation. This is expected to be the core technical platform, approaching international standards, helping to improve transaction efficiency, increase payment speed, open up opportunities for new product development and enhance transparency and system safety.
According to the management agency, the successful implementation of the KRX system invested by HOSE is a breakthrough that helps the market increase competitiveness and move closer to the goal of upgrading. In particular, this system is expected to strengthen the confidence of investors, especially foreign investors, thereby creating a foundation for the sustainable development of the capital market.
Ho Chi Minh City Stock Exchange (HOSE) received the traditional flag presented by the City People's Committee.
Vietnam - Korea strategic cooperation elevates the stock market
Speaking at the event, the Chairman of the Korea Exchange highly appreciated the cooperation process in implementing the KRX system, a project that began in 2016, despite many difficulties, including the Covid-19 pandemic. The project requires close coordination between the authorities of the two countries, demonstrating an effective and sustainable technical cooperation relationship.
"We are proud to have accompanied from the early days of the establishment of the Vietnamese stock market, from supporting the construction of HOSE, HNX and now the KRX technology system. This is not only a technology project, but also a testament to the trust and strategic understanding between the two sides," the Chairman of the Korean Stock Exchange shared.
He believes that with modern technology infrastructure and new products coming soon, the Vietnamese stock market will continue to make strong breakthroughs and continue to be a reliable partner in the region.
Ms. Nguyen Thi Viet Ha, Acting Chairwoman of HOSE
The growing attractiveness and stature of Vietnam's capital market
Speaking at the ceremony, Mr. Luong Hai Sinh, Chairman of the Board of Members of the Vietnam Stock Exchange (VNX), emphasized the historical significance of July 28 - the day the Vietnamese stock market officially came into operation 25 years ago with the first trading session at the Ho Chi Minh City Stock Exchange.
From a rudimentary foundation with only 2 listed enterprises, 4 securities companies and a capitalization scale accounting for less than 0.3% of GDP, up to now, by the end of June 2025, the market has had more than 1,600 listed and registered enterprises for trading, with the market capitalization of stocks and bonds reaching nearly 100% of GDP.
Liquidity in the stock market in the first 6 months of 2025 reached an average of more than 21,000 billion VND/session. Along with that, the number of securities companies increased to 82, fund management companies reached 43, and the number of securities investment accounts exceeded 10 million - numbers showing the attractiveness and growing stature of the Vietnamese capital market.
"The stock market has basically completed its legal framework, organizational structure and products. This is an effective medium and long-term capital mobilization channel for the economy , and at the same time an attractive investment option for millions of domestic and foreign investors," Mr. Sinh commented.
Ms. Nguyen Thi Viet Ha, Acting Chairwoman of HOSE
The increasingly important role of the stock market in the economy
The Chairman of VNX also emphasized that entering a new development phase with many opportunities and challenges, the stock market will play a key role in leading capital to serve the economic growth target set by the Party, State and Government , aiming for economic growth of over 8% in 2025 and continuing to maintain double-digit growth in the coming period, the role of the stock market becomes even more important, being the main medium and long-term capital channel for the economy.
Therefore, the market expects to continue to receive attention and close direction from the Government, coordination from ministries, localities and especially the support of the business community, member organizations and domestic and foreign investors.
Source: https://phunuvietnam.vn/dau-moc-cho-thi-truong-von-sau-25-nam-hoat-dong-cua-thi-truong-chung-khoan-viet-nam-2025072816075565.htm
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