Addressing crashes on HoSE is national emergency: Stock authority
Since the first crash last December, stock authorities have been actively working on solutions to solve the issue.
Since the first crash last December, stock authorities have been actively working on solutions to solve the issue.
Four public firms have moved their stock listings to the Hanoi Stock Exchange (HNX).
The new change is set to take effect from March 3, 2021, under a SSC’s instruction once a technological solution could fully solve the current overload issue on HOSE.
In long-term, the outlook of Vietnam’s stock market remains bright as the positive macro-economic environment would serve as a big boost for the market.
A short-term solution would be to optimize the transaction process by increasing the minimum trading lot from 10 to 100 shares, starting from January 4, 2021.
With further support from the State Securities Commission of Vietnam, the asset and wealth management is expected to continue its strong growth in the future.
The merging process of Hanoi and Ho Chi Minh City stock exchanges into the Vietnam Stock Exchange continues to be a priority in the coming time.
It takes time for foreign investors to study the new regulations and change their perception to the Vietnam’s stock market, stated a senior official at the stock market watchdog.
Transaction activities in the stock market are considered essential services which must stay operational in all circumstances, stated the country’s stock market watchdog.
A total of 15 securities services are set to become free or cheaper to support the stock market.