The approval of the amended Securities Law by the National Assembly on November 29 marks a significant step forward for Vietnam’s stock market, laying the groundwork for its long-term development and aspirations of achieving emerging market status.

Potential risks from the global political and economic environment continue to impact Vietnam’s economic growth recovery prospects. Trinh Ha, a financial market analyst from Exness Investment Bank, gave VIR’s Trang Thu his views on investment channels during this pivotal time.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index edged up 1.22 points, or 0.1 per cent, to close at 1,263.79 points. Market breadth stayed negative, with 165 declining stocks outnumbering 132 gainers.

One of the major highlights of the amended Electricity Law is the emphasis on market-driven pricing mechanisms for electricity sales, with state regulation to ensure fair competition.

In contrast to the challenging market conditions faced by individual investors, open-end funds in 2024 have shown impressive investment results due to their long-term investment strategies, a report from Fmarket showed.

The Vietnamese stock market faced a week of fluctuations, with the VN-Index undergoing mild corrections after three consecutive weeks of gains.

Mirae Asset Securities projects a positive outlook for the VN-Index in December, driven by strong demand and liquidity, with expectations to surpass the 1,300-point mark. For 2025, key growth drivers include resilient manufacturing supported by stable electricity supplies, Việt Nam’s strategic role in attracting foreign investment and recovering domestic consumption.

Market breadth remained negative, with 182 stocks falling, 117 gaining, and 62 remaining unchanged. Liquidity dropped slightly, reaching VNĐ13.5 trillion (US$530.8 million), down 11.7 per cent compared to the previous session.

Additional provisions in the amended Securities Law are expected to enhance the responsibility of market participants and supervision capabilities, helping to address numerous legal barriers with the goal of upgrading the stock market.