Hanoi (VNA) – The KRX trading system is expected to be operational in this May or June, following a testing phase, the State Securiti😼es Commission (SSC) has said.
To facilitate foreign investor participation and advance Vietnam’s stock market upgrade, the SSC will continue implementing key measures in 2025. Recent efforts include legal amendments and coordination with relevant ministries to align with international market classification criteria.
Vietnam has engaged in discussions with global financial institutions, including MSCI, FTSE Russell, and the World Bank, receiving positive feedback on its reform progress. One major initiative is the implementation of Circular No. 68/2024/TT-BTC, amending disclosure requirements for foreign institutional investors. Adjustments are being considered based on recommendations from FTSE Russell.
Challenges remain in pre-funding requirements and the handling of trade failure. The SSC has been working with securities firms to standardise practices, ensuring market consistency.
Further modernisation efforts include the development of an electronic communication platform between securities firms andcustodian banks, set to be launched this month. A new omnibus trading account framework is also under review to simplify transactions for foreign institutional investors.
To facilitate foreign investor participation and advance Vietnam’s stock market upgrade, the SSC will continue implementing key measures in 2025. (Photo: VNA)
Besides, the SSC will amend Circular 120/2020/TT-BTC by August to regulate omnibus accounts and refine trade allocation procedures. The market is also preparing for a central counterparty (CCP) clearing mechanism, slated for implementation in 2026.
To support market upgrades, the SSC is establishing a policy dialogue group comprising regulators, investment funds, and securities firms to address foreign investor concerns. Meanwhile, the State Bank of Vietnam is revising regulations to streamline the opening of foreign capital accounts, with expected completion in March 2025.
These initiatives reflect Vietnam’s commitment to enhancing market transparency, efficiency, and international integration./.
Contrary to the outstanding performances in the banking sector, the securities subsidiaries of major banks have yet to fully leverage their potential, despite numerous inherent advantages.
Individual domestic accounts increased by 156,568 in October this year, marking a steady growth similar to that from September, according to data from the Vietnam Securities Depository and Clearing Corporation (VSDC).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
