The Vietnamese stock market experienced notable fluctuations throughout October, with the VN-Index closing at 1,252.72 points as of October 25, marking a 2.7 percent decline from September but still showing a strong year-to-date increase of 10.9 percent. The stock market’s capitalisation reached VND 6,915 trillion or US$272.8 billion, reflecting a 16.5 percent growth over last year and amounting to 67.7 percent of 2023’s GDP, according to Vietnam’s Ministry of Finance.
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.
Overall, trading activity was slightly heightened, with an average trading value of VND 18.042 trillion per session in October, a 7.1 percent increase from the previous month. The year-to-date average trading value has now risen by 25.9 percent to VND 22.13 trillion compared to 2023’s figures.
See also: Vietnam Securities Industry: Overview