(NLDO)- Vietnam speeds up upgrading its stock market, the KRX system will operate in May or June 2025.
On March 11, the State Securities Commission (SSC) officially announced a plan to accelerate the implementation of solutions to upgrade Vietnam's stock market from frontier to emerging. In particular, an important breakthrough is the operation of the new trading system KRX, expected to be announced in April and put into operation in May or June 2025.
Vietnam accelerates upgrading its stock market, KRX system will operate in May or June
The KRX system, developed by the Korea Exchange, will enable investors to trade odd lots on a separate board and conduct intraday trading (T+0), opening up opportunities to increase liquidity and attract strong capital flows.
Before official operation, the exchanges and the Vietnam Securities Depository (VSD) will announce detailed features so that the market can proactively grasp them.
In addition, the SSC is proposing to amend Circular 68/2024/TT-BTC to simplify the information disclosure process and improve the investment environment. In March, the agency will also establish a policy dialogue group, including representatives of the SSC, investment funds, international financial institutions and securities companies, to remove difficulties for foreign investors.
With a series of drastic reforms, especially the launch of the KRX system, the Vietnamese stock market is getting closer to its upgrading goal, opening up opportunities to break through and attract foreign capital in the coming time.
Source: https://nld.com.vn/uy-ban-chung-khoan-se-cong-bo-he-thong-cong-nghe-moi-krx-vao-thang-4-196250311144024242.htm
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