The Minister of Finance said that with the Government's efforts to develop the economy and key tasks, the Vietnamese stock market will have a breakthrough year in 2025 in both scale and quality.
"Vietnam's securities market in 2025 will develop dramatically in both scale and quality"
The Minister of Finance said that with the Government's efforts to develop the economy and key tasks, the Vietnamese stock market will have a breakthrough year in 2025 in both scale and quality.
This morning (January 2, 2025), at the Hanoi Stock Exchange, the gong-beating ceremony to open the first stock trading session of 2025 took place. This is a traditional ceremony held annually on the first stock trading day of the new year to encourage the spirit of investors and market members.
At the event, Minister of Finance Nguyen Van Thang performed the gong ceremony to open the first trading session of 2025.
Speaking at the ceremony, Minister of Finance Nguyen Van Thang assessed that 2024 is a difficult year for the world economy and Vietnam. In the context of unpredictable fluctuations in world politics, fierce strategic competition, escalating conflicts in some regions and countries, strong fluctuations in prices of basic commodities, slow economic recovery, unpredictable fluctuations in interest rates, etc. In that context, the Party and the Government have put forward drastic flexible policies and solutions in management to promote growth, maintain macroeconomic stability as well as ensure major balances of the economy.
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| Minister of Finance Nguyen Van Thang performed the gong ceremony to open the first trading session of 2025. |
The Vietnamese stock market is under great pressure from the macroeconomic situation and the international stock market but still maintains good and stable performance. The market continues to be an important medium and long-term capital channel for the economy.
By the end of 2024, the VN-Index will reach 1,266.78 points, up 12.11% year-on-year. The stock market capitalization will reach VND 7,081,260 billion, up 20% year-on-year and equivalent to nearly 70% of GDP in 2023. The average trading value will reach VND 20,849 billion per session, up 18.6% year-on-year.
The market has 720 stocks listed on 2 Stock Exchanges and 888 stocks registered for trading on UPCoM.
Regarding the bond market, the State Treasury mobilized VND 330,775.5 billion in government bonds and achieved 82.6% of the assigned 2024 plan.
Regarding the individual corporate bond trading system, it has always been operated stably, safely and smoothly, with liquidity increasing sharply with an average trading value of VND 4,336 billion/session.
With the above results, the Minister of Finance highly appreciated the efforts of the State Securities Commission, the Stock Exchanges, the Vietnam Securities Depository and Clearing Corporation, especially the participation of the public, investors, listed enterprises, and market members.
“In 2025, we need to accelerate, make a breakthrough, and make the most of the country's resources for breakthrough and sustainable development. The task of the securities industry is to make continuous efforts for all members in the market, from improving infrastructure, improving service quality, attracting investors, especially international investors, attracting medium and long-term capital for the state budget, for businesses, and for the economy. We need to create a transparent, safe and attractive investment environment,” Minister Nguyen Van Thang directed.
To make the Vietnamese stock market a reliable destination, the Minister of Finance outlined the following key tasks in 2025:
One is to continue perfecting the legal framework, including decrees and documents guiding the amended and supplemented Securities Law, implementing the strategy for developing the Vietnamese stock market until 2030. In 2025, the Vietnamese stock market will be upgraded from a frontier stock market to an emerging market.
Second, ensure that the trading, depository and clearing systems on the stock market operate continuously, safely and smoothly; promptly put the new information technology system into operation to synchronize transactions and payments; reform administrative procedures, create the best conditions for listed and registered organizations, intermediary financial institutions and investors;
Third is to arrange and expand the market, classify listed companies, diversify and develop new products, other indexes, and new services in the market; Research and build a secondary carbon credit trading market and a market for innovative enterprises.
Fourth, strengthen supervision, inspection, and strictly handle violations in the stock, derivative, corporate bond markets, and information disclosure obligations.
Fifth, focus on propaganda work, improve capacity for individual investors, provide timely information to investors, limit psychological impact due to bad news on the stock market, promote participation of domestic and international investors.
Sixth, be proactive in integration, approach international standards, and gradually narrow the gap between the Vietnamese stock market and other markets in the region and the world.
The Minister of Finance believes that with the Government's efforts to develop the economy and the above solutions, the Vietnamese stock market will have a breakthrough development in both scale and quality in 2025, affirming itself as an important, effective, and sustainable medium- and long-term capital mobilization channel for businesses and the economy, and an important macro-management tool of the Government.
Source: https://baodautu.vn/chung-khoan-viet-nam-nam-2025-se-phat-trien-dot-pha-ca-ve-quy-mo-va-chat-luong-d237923.html
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