(NLDO) - The Ministry of Finance is determined to upgrade the market, and at the same time "invite" quality businesses to the stock exchange to increase the quality of the market.
On the morning of February 5, at the Ho Chi Minh City Stock Exchange, the Ministry of Finance and the State Securities Commission held a gong-beating ceremony to open the first stock trading session of the year of the Snake 2025.
Speaking at the ceremony, Ms. Nguyen Thi Viet Ha, Acting Chairman of the City Stock Exchange HCM ( HOSE ), said that in 2024, the market The school has achieved positive numbers, VN-Index increased by 12.1% compared to 2023, reaching 1,266.78 points. Stock market capitalization reached VND 5.21 million billion, up 14.3% compared to 2023.
Ms. Nguyen Thi Viet Ha
Average transaction value in 2024 reaches 18,685 billion VND/day, up 22.4% compared to 2023. By the end of 2024, Vietnam's stock market liquidity will rank 3rd in Southeast Asia, after Thailand and Singapore.
Deputy Minister of Finance , Mr. Nguyen Duc Chi, said in 2024, although The world economy is in trouble but Vietnam's growth is still over 7%, which is a premise for the market to develop positively in the following years. In particular, stock market contract has been have a year of safe, stable, transparent and sustainable operation.
Deputy Minister Nguyen Duc Chi beats the gong to open the 2025 stock trading session
The 2025 target will continue deploy powerful solutions for market development more stable, more sustainable. Accordingly, will Promptly issue documents guiding the implementation of the amended Securities Law; deploy solutions to implement the Market Development Strategy. stock market by 2030. Ensure the trading system, depository system, and clearing and settlement system operate stably, safely, continuously, and smoothly . Simplify administrative procedures, remove obstacles, and create maximum conditions according to legal regulations for organizations listed and registered for trading, capital mobilization, operations of intermediary financial institutions and investors.
Special apart, will implementing solutions to meet the upgrading standards of rating organizations, aiming to be upgraded from a frontier market to an emerging market in 2025. Upgrading will bring many benefits to many parties. both Vietnam and investors because foreign capital will actively participate...
Mandarin The key is to increase attraction and promote quality businesses to list on the stock exchange, and to "invite" listed businesses, while at the same time Organize and expand the market, classify listed companies; promote the development of new products and services towards the goal of green growth and sustainable development.
Ms. Vu Thi Chan Phuong
In addition, to ensure healthy and fair market operations, it is necessary to strictly handle violations to avoid price manipulation and create unfairness for investors in the market.
Grandma Vu Thi Chan Phuong, Chairwoman of the State Securities Commission, received the instructions from the Deputy Minister of Finance. At the same time, she said that the task of the stock market in 2025 is very important.
With the efforts of the Government, the Ministry of Finance, the agencies participating in market operations as well as the confidence of investors, the Securities Commission will continue to strive to complete the set goals. In particular, the most important is to complete legal documents, create conditions for the market to operate smoothly and stably; strengthen coordination with relevant agencies to overcome the remaining criteria as required by the rating unit so that the Vietnamese stock market can achieve the upgrade target this year.
Source: https://nld.com.vn/quyet-tam-nang-hang-thi-truong-chung-khoan-trong-nam-nay-196250205133058784.htm
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