The Ho Chi Minh City Stock Exchange’s (HoSE) new trading system, imported from Korea and dubbed the KRX, has missed its scheduled launch date of December 25, Vietnam News is reporting.

Key points

There has been no communication or updates from the HoSE;
It could take weeks to start running;
Approval is still required from the ‘authorities’ (not specified); and
66 securities firms (87 percent) are not ready for the new system.

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