Vietnam’s stock market capitalization rises to VND 10,306.94 trillion
The combined market capitalization of Vietnam’s three stock trading markets rose 3.3% from the end of 2025. Securities market fundraising increased 85.6% year on year in the first nine months of 2026, while average trading value declined. Regulators called for stronger corporate governance and information disclosure.
The combined market capitalization of stocks on Vietnam’s three trading markets—HOSE, the Hanoi Stock Exchange (HNX) and UPCoM—reached VND 10,306.94 trillion, up 3.3% from the end of 2025. Of that total, the market capitalization of HNX-listed stocks was VND 451 trillion, up 9%, while UPCoM’s was VND 1,308 trillion, up 12%.
In the first nine months of 2026, Vietnam’s securities market raised VND 731.6 trillion, up 85.6% year on year. Average trading value across the market was VND 25.6 trillion per session, down 12.4% from the previous year’s average. HNX’s general director said the market remained affected by global economic fluctuations, interest rates, capital flows and investor sentiment, while opportunities arising from the market’s upgrade would take time to translate into actual capital inflows.
HNX data show that, in the first 10 months of 2026, average trading value for its listed stocks was VND 1.4 trillion per session, down 26% from the previous year’s average. UPCoM’s average trading value was VND 820 billion per session, down 14%. Over the same period, the value of shares additionally listed on HNX reached VND 42.3 trillion, 1.8 times the full-year figure for 2025.
Among HNX-listed companies that had disclosed financial reports for the first half of 2026, 90% posted profits, with total profits exceeding VND 21.6 trillion, up 62% year on year. HNX said the rate of violations involving periodic information disclosure had declined, but some companies still had problems with financial reporting and corporate governance. The vice chairman of Vietnam’s State Securities Commission called on the exchanges and relevant agencies to review rules on financial reporting, auditing and information disclosure, and to study mechanisms that encourage companies to improve governance.
At its annual corporate conference, HNX announced the 10 UPCoM companies with the best information disclosure and transparency performance for 2025–2026. The meeting also addressed arrangements for some listed companies to move their listings to HOSE at the end of 2026 under Vietnam’s stock market restructuring plan.
Source: VietVance
