14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Vietnam stock market watchdog sets reference price for stocks switching to HNX

Ngoc Thuy

Apr 05, 2021 / 05:12 AM

Four public firms have moved their stock listings to the Hanoi Stock Exchange (HNX).

The reference price at the first trading session for stocks switching from the Ho Chi Minh City Stock Exchange (HOSE) to the Hanoi Stock Exchange (HNX) would be the final session's closing price in the former and rounded up to the nearest VND100.

Investors at a securities center in Hanoi. Photo: Linh Tam

The State Securities Commission of Vietnam (SSC), the country’s stock market watchdog, has issued the instruction for the transactions of stocks subject to moving to the HNX.

Meanwhile, the fluctuation range applied for these stocks in their first trading session at the HNX would be ±10% instead of ±30% for new public listing at this stock exchange.

The SSC also noted it would provide further guidance for stocks moving back to the HOSE once the overload issue on the HOSE is completely resolved.

So far, four public firms have moved their stock listings to the HNX, including Aquatex Ben Tre (HOSE: ABT), Bibica Corporation (HOSE: BBC), Southern Seed Corporation (HOSE: SSC), and Vietnam Fumigation Company (HOSE: VFG).

VNDirect Securities Company (HOSE: VND) and Vietnam National Seed Group (HOSE: NSC) are set to list their shares on the HNX next Monday [April 5].

At the close yesterday, the benchmark Vn-Index ended up surpassing its historical peak of 1,211 on April 10, 2018 to reach a new height of 1,216.1, as large-cap stocks performed positively.

The trading volume hit VND16.95 trillion (US$734.6 million) on the HOSE and VND3.32 trillion (US$144.4 million) on the HNX.

Foreign investors emerged as net buyer of over VND45 billion (US$1.95 billion) on the HOSE after four sessions of net selling.

Public firms key to help Vietnam stock market upgrade to emerging status

30 Mar, 18:36

A transparent manner fully complied with the International Financial Reporting Standards (IFRS) will boost the development of the stock market.

Stocks switching to HNX to start transaction on March 29

23 Mar, 21:42

Public firms in subject will have their stocks temporarily suspended for transaction for at least three working days and resume the process on the fourth day on HNX since the last trading session at the HOSE.

VAFI proposes to privatize Vietnam Stock Exchange

11 Mar, 20:48

The Vietnam Association of Finance Investors (VAFI) suggested to select a foreign stock exchange as a strategic shareholder that is responsible for transferring management technologies and training human resources.

VPBank profit up 53% in 2025 on solid core banking performance

VPBank ended 2025 with a strong earnings rebound, supported by healthier core operations, better asset quality and solid subsidiary performance amid a more supportive credit environment.

22 Jan, 10:13 PM

Vietnam power system tops Southeast Asia

The energy structure is shifting in a positive direction toward green and sustainable development.

22 Jan, 01:19 PM

Hanoi supermarkets step up Tet promotions to spur spending

Big promotions at supermarkets will be an attractive shopping experience for Hanoi residents during the country’s biggest and longest annual holiday.

22 Jan, 11:53 AM

Vietnam’s two-digit growth ambition demands higher productivity, decisive policy execution

As Vietnam targets two-digit GDP growth from 2026, economists caution that success will depend on higher productivity, stronger private sector confidence, consistent policy execution and sustained macroeconomic stability rather than speed alone.

21 Jan, 09:10 PM

Vietnam SMEs granted three-year income tax exemption

The private sector is expected to grow by an average of 10% - 12% a year, faster than GDP growth.

21 Jan, 04:47 AM

Vietnamese goods dominate local stores, gain Tet shoppers' trust for quality

As the 2026 Lunar New Year approaches, Vietnam’s domestic goods are firmly taking center stage, backed by ample supply, stable prices and growing consumer trust, reflecting years of sustained efforts to strengthen local production and retail systems.

21 Jan, 04:32 AM

Vietnam weighs shorter workweek as productivity and worker health collide

A possible reduction in private-sector working hours as the Labor Code is under review, sparking debate among experts, unions, workers and businesses over how to balance occupational health and productivity with business competitiveness in the next stage of economic development.

19 Jan, 10:43 PM

Private sector and digital transformation at the core of 14th National Party Congress

The 14th National Congress of the Communist Party of Vietnam marks a decisive shift toward stronger private-sector empowerment and digital transformation, signaling fresh ambitions to remove growth barriers and position enterprises as central pillars of a self-reliant, sustainable economy.

19 Jan, 09:44 PM