Ho Chi Minh Stock Exchange: description opening hours, schedule

Prioritize exposure to Vietnam’s technology and consumer sectors, which accounted for 42% of the Ho Chi Minh Stock Exchange (HOSE) market capitalization growth in 2023. The VN-Index, tracking 404 listed companies, surged 14.6% year-to-date as of June 2024, outpacing regional peers like Thailand’s SET Index (+8.2%) and Indonesia’s IDX Composite (+9.5%).

HOSE liquidity averaged $850 million daily in Q2 2024, a 23% increase from 2022 levels. Foreign investors injected $1.2 billion net into Vietnamese equities during this period, with Vingroup (VIC) and FPT Corporation (FPT) capturing 65% of inflows. Regulatory reforms, including relaxed foreign ownership limits in banking (now 15-30% per institution), create entry points for global portfolios.

Monitor the VN30 Index, comprising 70% of HOSE’s $200 billion market cap. Stocks like Vietcombank (VCB) and Masan Group (MSN) delivered 18-24% annualized returns since 2020, supported by Vietnam’s 6.5% GDP growth. Short-term volatility persists–the exchange’s average price-to-earnings ratio fluctuated between 12.5x and 14.8x in 2024–but structural reforms in settlement cycles (T+2.5 adoption) reduce systemic risk.