Strengthening the implementation of solutions to upgrade the stock market

In the first 6 months of 2025, the Vietnamese stock market operated stably, safely, transparently and with high liquidity, maintaining a positive growth trend compared to other markets in the region, continuing to affirm its role as an important capital channel for the economy.

Vietnam's stock market index recorded positive growth, surpassing many markets in the region, with the VN-Index surpassing the 1,400-point mark - the highest level in three years. The stock market capitalization reached VND7,689.68 trillion, up 7.2% compared to the end of last year; equivalent to 66.8% of estimated GDP in 2024. Stock market liquidity remained high with a solid cash flow from domestic investors, reaching VND21,297 billion/session, up 1.4% compared to the average of the previous year.

Since the beginning of the year, the number of domestic investors' securities accounts has increased by nearly 972 thousand accounts, bringing the number of domestic investors' securities accounts (as of the end of June 2025) to nearly 10.3 million accounts - the highest level ever and exceeding the target of reaching 9 million accounts by 2025.

The derivatives market continues to play an effective role in hedging risks for investors, while helping investors diversify their investment cash flows. The listed bond market continues to record positive changes, with bond market liquidity reaching VND14,050 billion/session, up 19% compared to the average of the previous year.

The growth momentum of the market comes from a stable macroeconomic foundation, drastic solutions of the Government to promote growth such as: institutional reform, streamlining the administrative apparatus, maintaining low interest rates, promoting public investment disbursement, stimulating domestic consumption, cutting taxes... In addition, under the close direction of the Government, the Ministry of Finance , the State Securities Commission and other units have made efforts to build a legal framework, deploy market development solutions and effectively carry out management and operation work, contributing to promoting the stable and positive development of the stock market.

In the first 6 months of 2025, the securities industry has successfully and smoothly operated a new information technology system for the entire market. At the same time, the work of upgrading the stock market continues to be implemented with many new solutions and policies. The State Securities Commission has organized many meetings and dialogues with market rating organizations, international organizations, and large investment funds in the world to proactively grasp opinions and problems as well as update new regulations and policies for foreign investors.

In addition, the SSC has promoted administrative reform and administrative procedures, prioritizing the review, reduction and simplification of administrative procedures and business conditions in accordance with Resolution No. 66/NQ-CP dated March 26, 2025 of the Government and the Plan of the Ministry of Finance. As of June 15, 2025, the SSC has reviewed and proposed to reduce and simplify 72/104 administrative procedures, and proposed to reduce and simplify 33/114 business conditions in the securities sector.

Speaking at the Conference on implementing tasks for the last 6 months of 2025 , Chairwoman of the State Securities Commission Vu Thi Chan Phuong requested units and Stock Exchanges and VSDC to continue to innovate working methods, increase work speed and efficiency. Accordingly, units need to closely follow the proposed plans and solutions to effectively implement all aspects of work and focus on some key contents, specifically:

Firstly, continue to perfect the legal framework and system of market development policies, focus on reviewing and researching legal regulations and mechanisms and policies to submit to competent authorities for timely amendments and supplements, ensuring consistency with the development reality of the stock market, speeding up the progress of developing decrees and guiding circulars according to plan.

Second, continue to coordinate with relevant units to implement solutions to upgrade the stock market, increase exchanges and work with rating organizations and international investment organizations to promptly propose solutions to create favorable conditions for foreign investors to participate in the Vietnamese stock market.

Third, promote the modernization of technology infrastructure, enhance the application of science and technology in market management and supervision activities; upgrade the administrative procedure settlement system to provide information and online public services to serve people and businesses.

Fourth, strengthen supervision, inspection and examination to ensure the stock market develops sustainably, openly and transparently; promptly detect and strictly handle violations.

Fifth, continue restructuring securities companies and fund management companies to improve the operational capacity and financial safety of securities trading organizations.

Sixth, diversify the investor base, develop the institutional investor system, encourage long-term foreign investment, and train individual investors.

Source: https://baodautu.vn/tang-cuong-trien-khai-cac-giai-phap-nang-hang-thi-truong-chung-khoan-d328389.html