July 2025 marks 25 years since the Vietnamese stock market has operated, starting with two stocks, SAM and REE, in 2000. During 2001-2006, major companies like VSH (hydropower) and Vinamilk joined the market, with VSH having the highest capitalization in 2005. A significant market boom began after Vietnam joined the WTO in 2006, attracting many large enterprises to list. FPT stood out with a capitalization of 28 trillion when it listed in December 2006. Currently, Vietcombank leads with a capitalization of 476 trillion, followed by Vingroup and Vinamilk. The market now boasts over 50 companies with a capitalization exceeding 1 billion USD. Forecasts indicate that from Q3 2025, Techcom Securities will IPO 231 million shares, further enhancing market appeal, reflecting the continuous growth of the stock market in Vietnam over the past 25 years.
Leave a Reply