VIETNAM: HOSE, HNX and VSDC Announce Launch of Information Technology System

Friday May 16 2025

The Ho Chi Minh Stock Exchange (HOSE), the Hanoi Stock Exchange (HNX), and the Vietnam Securities Depository and Clearing Corporation (VSDC), in collaboration with the Korea Exchange (KRX) officially inaugurated the deployment of the new centralized Information Technology infrastructure (KRX System) for the Vietnamese securities market.

On 5^th May 2025, the KRX System was successfully activated (“go-live”), thereby transitioning the entire Vietnamese securities market onto a next-generation, synchronized IT platform.

According to preliminary assessments from the contractor and operating entities, on the first trading day, the KRX system maintained continuous connectivity and operated in a stable and secure manner. From the market participants’ side, during the early morning session, two securities companies contacted the exchanges for data reconciliation and technical support, all of which were addressed promptly. Exchanges and relevant stakeholders continue to closely monitor and coordinate with market participants to ensure the system functions efficiently and consistently, particularly during this initial stabilization period.

The KRX system is designed to operate securely, reliably, and continuously, reflecting the concerted efforts and shared determination of the entire Vietnamese capital market—under the close guidance of the Ministry of Finance, the State Securities Commission, and the Vietnam Exchanges. With many modern features integrated, the system marks a pivotal step forward in the development of Vietnam’s securities infrastructure, supporting business needs, expanding investor access, and enabling the introduction of new products in line with the goal of market upgrade.

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