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).
Two traders looks at stock prices in front of a big screen. HNX carried out measures to solve congestion on HoSE (Photo: VNA)
Hanoi (VNS/VNA) - The Hanoi Stock Exchange (HNX) is testing a newpower board on its system to address the frequent overload issues on the Ho ChiMinh Stock Exchange (HoSE).
HNX just informed its member securities firms about the trial of creating a newpower board for HoSE’s stocks.
This is one of many solutions considered by government agencies to solveoverload problems that have occurred more often recently, affecting investors’sentiment.
The new power board will follow all of HoSE regulations including sessionstructure, amplitude, order type, price step, or trading lot. The connection,placing order, receiving results and payment will be navigated from securitiesfirms to HNX system.
HNX also drafted specification documents on processes and technology to send tomember securities companies to cooperate in researching and testing. If anysecurities firm has finished modifying the system, it can register to test thetransaction connection with the HNX.
The move came a week after HNX collected opinions from securities firmsregarding time for upgrading software systems.
On March 3, the State Securities Commission (SSC) of Vietnam sent documents toHoSE, HNX and Vietnam Securities Depository (VSD) on the transfer of listedshares from HoSE to HNX. SSC requested HNX to promptly receive and processlisted companies on HoSE, without reviewing their records under the new listingprocess.
The transaction structure, transaction supervision, listing management,reporting and information disclosure regulations of transfer stocks will be thesame as those listed on the HNX. HOSE and HNX coordinate in supervisingtransactions for these stocks to ensure continuity in supervision.
Other solutions such as rising minimum trading lots to 1,000 units are beingconsidered. HoSE is also consulting with market participants and investors onnot allowing adjusting or cancelling orders to find the best solution for thecongestion on the southern exchange.
Last week, the VN-Index rose slightly 0.02 percent. The index failed to testthe psychological resistance level of 1,200 points again as selling pressurepersisted and the frequent overload of orders during trading hours on HoSEaffected transactions, making investors' sentiment turn negative./.
Vietnam’s stock market suffered its sharpest drop in history on January 28 as a result of panic selling after new community transmissions of the coronavirus were reported.
Close to 86,270 securities trading accounts were opened by domestic investors in January, an increase of 36.4 percent from the previous month, according to the Vietnam Securities Depository (VSD).
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.
Vietnam’s stock market reached approximately 87.68 percent of the country’s Gross Domestic Product (GDP) as of the end of 2020, the highest rate reported so far.
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 festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Two traders looks at stock prices in front of a big screen. HNX carried out measures to solve congestion on HoSE (Photo: VNA) 
