A New Year opening ceremony for the stock market was held at the Ho Chi Minh City Stock Exchange (HOSE) on February 5, following Tet - the Lunar New Year holiday.

Addressing the ceremony, Deputy Minister of Finance Nguyen Duc Chi urged the securities industry to accelerate administrative reform, adopt cutting-edge technology, and continue tackling obstacles hindering market upgrade.

State Securities Commission (SSC) Chairwoman Vu Thi Chan Phuong pledged to strengthen coordination among regulators, businesses and investors to foster sustainable growth, reinforcing the market’s role as an effective medium- and long-term capital mobilization channel for the economy.

In 2024, the stock market continued to keep its stability and safety. The year ended on a high note for the market. The VN-Index increased 2.1% compared to the end of 2023, while market capitalization reached VND5.21 quadrillion ($207 billion), up 14.3% year-on-year.

Vietnam's stock market liquidity ranked third in Southeast Asia, behind Thailand and Singapore.