The Power of 390 Billion USD: Listed Enterprises - "Pillars" in Building an International Financial Center

(HTV) - Vietnam is moving closer to the goal of upgrading its stock market to emerging status, placing high demands on transparency and governance. In particular, for Ho Chi Minh City, the healthy development of listed enterprises will be a key internal force, creating a solid foundation for the city to form an International Financial Center.

Transparency is the "key" in the new development cycle

In the period 2025 - 2030, Vietnam's capital market will enter a new development cycle. FTSE Russell announced that Vietnam's stock market has met all official criteria and has been upgraded from a frontier market to a secondary emerging market. This places higher requirements on transparency, sustainability and deep integration for listed companies.

In the period 2025 - 2030, Vietnam's capital market will enter a new development cycle.

Especially for Ho Chi Minh City, where the International Financial Center will be formed, the healthy and sustainable development of listed enterprises will be an important internal force, contributing to creating the foundation for building the International Financial Center.

As Vietnam moves closer to its goal of upgrading its market, the quality of its Annual Reports becomes a key factor for businesses to enhance their reputation, improve governance and access high-quality capital flows. Transparency is no longer an option, but a condition for businesses to survive and develop in an increasingly competitive capital environment, as well as to seize opportunities from the International Finance Center in Ho Chi Minh City.

The 18th Vietnam Listed Enterprises Awards (VLCA) 2025 attracted 122 enterprises to participate in the Annual Report category, an increase of 27% compared to last year.

Vote for Listed Enterprises (VLCA) : Positive signal on information disclosure quality

The Ho Chi Minh City Stock Exchange held the 18th Listed Enterprises 2025 Competition, attracting 122 enterprises to participate in the Annual Report category, an increase of 27% compared to last year. A very encouraging point this year is that the number of enterprises disclosing information in English increased sharply to 81%, creating favorable conditions for foreign investors to access the market.

By the end of November 2025, the total capitalization of Vietnam's stock market will reach more than 390 billion USD, equivalent to nearly 82% of GDP in 2024.

Market capitalization of 390 billion USD: Impressive internal strength

By the end of November 2025, the total capitalization of Vietnam's stock market will reach more than 390 billion USD, equivalent to nearly 82% of GDP in 2024.

On the Ho Chi Minh City Stock Exchange alone, there are currently 50 listed companies with a capitalization of more than 1 billion USD. The average trading value in the first 11 months of the year remained at nearly 1 billion USD per session. These are impressive figures announced at the Listed Companies Conference and the 2025 Listed Companies Awards Ceremony held on the afternoon of December 3.

On this occasion, many agencies, units, businesses and individuals were awarded Commemorative Medals for accompanying and actively contributing to the Vietnamese stock market in the period 2000 - 2025.

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Source: https://htv.com.vn/suc-manh-390-ty-usd-doanh-nghiep-niem-yet-tru-cot-xay-dung-trung-tam-tai-chinh-quoc-te-222251204100542744.htm