Stock trading in Vietnam is a relatively new phenomenon but has quickly become very popular. This section monitors Vietnam stock market news including key indexes, regulations, and market developments, as well as foreign trading activity.

Vietnam’s VN-Index gains 4.07 points, foreign traders net sell US$17.5 million in stocks Wednesday

the-shiv January 8, 2025

The Vietnam Stock Market Tracker provides a daily update of the latest developments in the stock market in Vietnam. This includes all of Vietnam’s most important indexes as well as the buying and selling activity of foreign traders, and the biggest gainers and losers for the day.

How to Open a Trading Account in Vietnam: Technical Guide 2025

the-shiv January 3, 2025

A trading account in Vietnam is a financial account that allows individuals or institutions to buy and sell securities, such as stocks, bonds, and derivatives, on the country’s exchanges. This article details how to open a trading account for foreign institutions and individual investors.

Vietnam revised securities regulations hit first hiccup

the-shiv December 25, 2024

Vietnamese securities firm, Vietcap Securities, has notified the Securities Commission that the Netherlands’ Aegon Custody BV has failed to make payment on a trade completed on its behalf by Vietcap on December 17. Vietcap is currently footing the VND 4 billion bill.

October outcomes mixed for Vietnam’s stock exchanges

the-shiv November 15, 2024

As of late October, 725 stocks and fund certificates were listed on Vietnam’s main exchanges, the Ho Chi Minh Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX), while 885 stocks were registered on the Unlisted Public Companies (UPCoM) platform…

Pre-funding gone for some foreign stock traders in Vietnam, as new circular kicks-in

the-shiv November 5, 2024

Tuoi Tre is covering the expectations of market watchers that this will give the market a welcome boost, Dau Tu Online on the other hand is suggesting that local securities firms with large cash buffers stand to benefit most, and VN Economy, conversely, has pointed out that after coming into effect there have still been large net cash outflows from the market from foreign investors.

South Korea’s SK Group no longer major stakeholder in Vietnam’s Masan

the-shiv November 2, 2024

Of note, in 2018, SK group bought 109.9 million shares in Masan Group for VND 100,000 or US$4.29 per share for a total of just over US$470 million. When it announced that it would be divesting, shares in Masan, which trades under the ticker MSN, were trading at about VND 76,200 or US$2.99 valuing the company’s holding at about US$328.6 million…

PetroVietnam Power Corporation: Vietnam Stock Overview

Huong Nguyen October 23, 2024

POW is currently constructing two LNG power plants with a combined capacity of 1,500 megawatts. These are the first LNG power plants in Vietnam. This is in line with the country’s shift from coal to gas power, however, declining domestic natural gas production means that much of Vietnam’s LNG will need to be imported….

Vietnam’s VN30 Index Stocks 2024

the-shiv October 23, 2024

The VN30 Index represents a group of the 30 largest and most liquid stocks listed on the Ho Chi Minh City Stock Exchange, making it a key indicator of the overall performance of Vietnam’s stock market…

Vingroup: Vietnam Stock Overview

the-shiv October 21, 2024

Notably, in the first half of 2024, Vingroup sold the majority of its equity capital of Vincom Retail, which owns and leases a range of commercial spaces around Vietnam. This led to leasing revenue declining by 46 percent…

SeABank: Vietnam Stock Overview

the-shiv October 20, 2024

In contrast to these positive business results, SSB’s stock has fallen by around 20 percent since the start of the year. It’s not clear why this might be but pundits have noted that 42 million shares issued to staff on an employee share program in 2023 have now vested and it could be that these are being sold off…

Vietnam stock exchange total market cap. reaches US$280 billion

the-shiv October 18, 2024

September also witnessed a sharp increase in trading activity, with the average daily trading value rising to VND 15.867 trillion per session or US$634.68 million, up 14.9 percent from the previous month…

Vietnam C.bank floats new circular on bank accounts for foreign stock traders

the-shiv October 17, 2024

These new regulations are designed to simplify the procedures and documentation required for opening indirect investment accounts, removing the need for consular legalisation for foreign-language documents. It would also introduce the option for foreign investors to open accounts electronically. Additionally, the circular would permit foreign investors to open multiple indirect investment accounts, providing greater flexibility for their investment activities…

Vietnam stock market holds steady on FTSE upgrade watchlist, October review

the-shiv October 10, 2024

FTSE Russell notes that reforms have been made with respect to removing pre-funding requirements for foreign investors per a circular issued by the Ministry of Finance back in September, but goes on to say that Vietnam still needs to reform its registration process for new accounts and to come up with a way for foreign investors to more efficiently trade stocks when foreign ownership ratios are nearing their limits.

Top 10 Vietnam securities firms gain 2.67 percent market share Q3 2024

the-shiv October 7, 2024

The biggest improvement belonged to Viet Cap Securities which saw a 1.46 percent increase in its market share with the biggest fall belonging to VNDirect which lost .76 percent. However, Vietcombank Securities Company dropped out of the top ten altogether and therefore how much its share changed is unknown. Of note, FPT Securities moved in to take Vietcombank Securities’ place…

Tien Phong Commercial Bank: Vietnam Stock Overview

the-shiv October 7, 2024

TPBank’s net interest income increased by 14.2 percent, aligning with the broader trend seen across banks like VPBank, HDBank, and VietinBank, which also experienced significant growth in net interest income. This increase was driven by a stable macroeconomic environment and recovering credit demand, contrasting with 2023’s challenges when deposit interest costs exceeded lending income.

Vietnam securities firms hit deadline with thousands of trader IDs unverified

the-shiv October 1, 2024

There were around 8 million active trading accounts last count but these are clearly not all being used. In October last year, MB Securities closed over half a million accounts that had been opened with the firm but had never recorded a transaction. This is just one of around 20 to 30 brokerages in Vietnam too, and in this context, this ID requirement may see many more accounts closed…

Lack of bilingual reports ‘major barrier’ for foreign investors in Vietnam: HDCapital Exec.

the-shiv September 26, 2024

Of note, Vietnam is currently courting an upgrade from FTSE Russell and MSCI from a frontier market to a secondary emerging market and an emerging market, respectively. One issue raised has been disclosure standards…

Vietnam’s Law on Securities: Overview 2024

the-shiv September 23, 2024

The Law on Securities defines the scope and application of regulations governing the issuance, trading, investment, and provision of securities services in Vietnam. It applies to Vietnam’s securities industry, to both domestic and foreign entities, including public companies, securities firms, and investors operating in the Vietnamese market.

Vietnam stock exchange pre-funding requirements to be lifted for foreign institutions

the-shiv September 19, 2024

Of note, the circular appears to only address foreign institutional investors and not foreign individual investors which account for about 42,446 registered trading accounts in Vietnam. Neither FTSE Russell or MSCI, however, appear to make a distinction between the two in terms of the need to remove pre-funding requirements. With this in mind, this latest announcement should be viewed with cautious optimism…

SSI Securities Corporation: Vietnam Stock Overview

Huong Nguyen September 18, 2024

Despite positive business results in the second quarter of 2024, SSI shares experienced an 18 percent decline from April 1 to September 16. This downturn was attributed in part to broader market trends with the real estate sector underperforming and significant net selling by foreign investors…