The new change is set to take effect from March 3, 2021, under a SSC’s instruction once a technological solution could fully solve the current overload issue on HOSE.

The problem if further persists in long-term will make investors become disillusioned on the fairness and transparency of Vietnam’s stock market.

Compared to the same period of last year, liquidity surged a whooping of 291.04% in transaction volume and 334% in value.

Market capitalization on the HoSE, home to majorly large-caps, dropped around US$11.78 billion.

A short-term solution would be to optimize the transaction process by increasing the minimum trading lot from 10 to 100 shares, starting from January 4, 2021.

At the close of today, Thai Nguyen International Hospital received strong attention from investors with the share prices going up by a maximum of 20% against the reference price to VND30,000 (US$1.31).

The stock market will continue to be an efficient capital mobilization channel for Vietnam’s economy and a useful instrument for macroeconomic management of the government.

The move is aimed to ensure greater efficiency and transparency of Vietnam’s stock market.

The money flow is expected to help the market moving to the 1,070-1,085-resistance zone for a short correction phase, but will continue to maintain its positive uptrend by the weekend.