10 firms mull temporary move from overburdened HCM City bourse to Hanoi
Ten companies are sounding out shareholders to temporarily switch their listing from the Ho Chi Minh Stock Exchange to the Hanoi Stock Exchange since the former’s system is overloaded and smooth trading has become difficult.
The chronic congestion on the Ho Chi Minh Stock Exchange has caused losses for investors. Ten companies are considering temporarily switching their listing to Hanoi. (Photo: VNA)
HCMCity (VNS/VNA) - Ten companies are sounding out shareholders totemporarily switch their listing from the Ho Chi Minh Stock Exchange to the HanoiStock Exchange since the former’s system is overloaded and smooth trading hasbecome difficult.
Theyinclude VNDirect Securities JSC, Bank for Investment and Development of VietnamSecurities JSC, PAN Group JSC and its seven subsidiaries, Sao Ta FoodsJSC, Vietnam National Seed Group JSC, Southern Seed JSC, Aquatex Bến Tre JSC,Bibica JSC, Long An Food Processing Export JSC and Vietnam Fumigation JSC.
TheHo Chi Minh Stock Exchange (HoSE) is awaiting installation of a new tradingsystem by the Korean stock exchange.
Thetemporary switch by companies is one of several solutions being considered byGovernment agencies to address the congestion, which is increasingly hinderingtrading, affecting investor sentiment.
TheState Securities Commission (SSC) has called on the Hanoi Stock Exchange (HNX)and Việt Nam Securities Depository to promptly accept companies moving fromHoSE, ignoring their normal review process.
Othersolutions like increasing the minimum trading lot to 1,000 shares and notallowing amending or cancelling orders are also being considered./.
Market regulators should consider policies to encourage companies listed on the Ho Chi Minh Stock Exchange (HoSE) to temporarily switch to the Hanoi Stock Exchange (HNX), said CEO of VNDirect Securities Co Do Ngoc Quynh.
The Ho Chi Minh Stock Exchange (HoSE) on March 9 joined stock exchanges around the world in a global initiative called “Ring the Bell for Gender Equality” - a partnership that highlights the economic imperative of empowering women in the workplace, marketplace, and community.
The Hanoi Stock Exchange (HNX) is testing a new power board on its system to address the frequent overload issues on the Ho Chi Minh Stock Exchange (HoSE).
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
The chronic congestion on the Ho Chi Minh Stock Exchange has caused losses for investors. Ten companies are considering temporarily switching their listing to Hanoi. (Photo: VNA) 
