HCMC – Vietnam will soon roll out new trading platforms, including a carbon credit exchange and a dedicated market for innovative start-ups, as part of efforts to expand and modernize its securities market this year.
The announcement was made at the opening bell ceremony for the Year of the Horse 2026 held on February 24 by the Hochiminh Stock Exchange (HOSE).
Finance Minister Nguyen Van Thang said 2026 marks the beginning of a new development phase for the country and coincides with the 30th anniversary of the securities market. He called for improvements in operational quality and greater resilience to market volatility.
By the end of 2025, the VN-Index had reached 1,784.49 points, up 40.9% from the end of the previous year. Average trading value exceeded VND29.2 trillion per session, rising 39% compared to the 2024 average. Total stock market capitalization amounted to over VND9.98 quadrillion, up 39.2% from the end of 2024, equivalent to 86.7% of estimated 2024 GDP.
The securities sector targets market capitalization equivalent to 100% of GDP, and potentially 120% under favorable conditions.
The introduction of a new information technology system and the official upgrade of Vietnam’s stock market classification by FTSE Russell from frontier to secondary emerging market, with effect from September 21, 2026, were cited as contributing factors to market development.
In 2026, authorities will focus on ensuring safe and transparent market operations, modernizing trading and settlement infrastructure, accelerating digital transformation, and launching new trading platforms such as a carbon credit exchange and a dedicated exchange for innovative start-ups. Measures will also be taken to promote green bond and urban infrastructure bond issuance, diversify products and the investor base, attract foreign investors, and strengthen international cooperation.
The implementation of a central counterparty (CCP) mechanism is scheduled for early 2027 to enhance system safety and align with international standards. Regulators will also restructure the listed equity market and develop additional new markets, including those for carbon credits, digital assets and innovative start-ups.
Following the opening ceremony, HOSE introduced a new nameplate and replaced the previous bull and bear symbol with a charging bull as the new emblem of the securities sector.
