How Many Billionaires Are There in Vietnam 2023 - Top 6 Richest Vietnamese How Many Billionaires Are There in Vietnam 2023 - Top 6 Richest Vietnamese
Vietnamese Tet (Lunar New Year): Dates, Holidays and Celebrations Vietnamese Tet (Lunar New Year): Dates, Holidays and Celebrations

Vietnam Stock Market Overview: Key Insights into VNX for 2025

The Vietnam Stock Exchange (VNX) is one of Southeast Asia’s fastest-growing and most dynamic capital markets, reflecting Vietnam’s robust economic expansion and deepening integration into the global financial system. Established in 2021, the VNX consolidates the country’s two main exchanges under one umbrella:

  • Ho Chi Minh Stock Exchange (HOSE): Specializes in large-cap companies and serves as the primary platform for equity trading in Vietnam.

  • Hanoi Stock Exchange (HNX): Focuses on small to mid-cap stocks, government and corporate bonds, and derivative instruments.

Vietnam’s benchmark indices—VN-Index (for HOSE) and HNX-Index (for HNX)—track the performance of listed firms across core sectors such as consumer goods, real estate, banking, and energy. Key publicly traded companies include Vinamilk, Vingroup, PetroVietnam Gas, and Techcombank, representing the diversity and resilience of Vietnam’s economy.

With increasing foreign interest and reforms aimed at improving transparency, corporate governance, and investor access, Vietnam is positioning itself for an upgrade to emerging market status under MSCI and FTSE Russell classifications—potentially unlocking billions in foreign capital inflows.

For both local and international investors, understanding Vietnam’s 2025 stock market holiday calendar, trading hours, and regulatory landscape is essential to capitalizing on opportunities in this vibrant and rapidly evolving market.

Learn more: 2025 Vietnam Calendar - Full List of Public Holidays And Observances

Official Holidays for the Vietnamese Stock Market in 2025

Vietnam Stock Market Holidays 2025: Key Dates, Unique Features, and Tips
Vietnam Stock Market

The Vietnam Stock Exchange suspends all trading activities during national public holidays. Below is a detailed explanation of each holiday, its significance, and the impact on trading schedules:

1. New Year’s Day - January 1, 2025

  • Date: January 1 (Wednesday)

  • Significance:

    New Year’s Day marks the beginning of the Gregorian calendar year and is a time for renewal and reflection. In Vietnam, it is celebrated with family gatherings and fireworks.

  • Market Closure:

    Both HOSE and HNX will be closed for the day, aligning with global markets. Investors often use this break to review portfolio performance and strategize for the year ahead.

2. Tết (Vietnamese New Year) - January 25 to February 2, 2025

  • Dates: January 25 (Saturday) to February 2 (Sunday)

  • Significance:

    Tết is the most significant holiday in Vietnam, marking the Lunar New Year. It is a time for family reunions, ancestor worship, and traditional festivities. Streets are decorated, and businesses shut down as people travel to their hometowns.

  • Market Closure:

    The stock market will remain closed for nine days during Tết. Investors should prepare for this extended break by managing their portfolios in advance, as reduced liquidity can affect trading activities before and after the holiday.

3. Hung Kings’ Commemoration Day - April 7, 2025

  • Date: April 7 (Monday)

  • Significance:

    This holiday honors the legendary Hung Kings, considered the founders of Vietnam. It is a day of national pride and cultural celebration, often marked by ceremonies and traditional performances.

  • Market Closure:

    Trading is suspended for the day to observe this important historical event.

4. Reunification Day - April 30, 2025

  • Date: April 30 (Wednesday)

  • Significance:

    Also known as Victory Day, this holiday commemorates the reunification of North and South Vietnam in 1975. It is a day of parades, celebrations, and remembrance.

  • Market Closure:

    The market will be closed, providing a mid-week pause for traders.

5. International Labor Day - May 1, 2025

  • Date: May 1 (Thursday)

  • Significance:

    Labor Day celebrates the contributions of workers to society and the economy. It is observed with rallies, speeches, and community events advocating workers’ rights.

  • Market Closure:

    The VNX observes this international holiday, halting trading activities for the day.

6. National Day - September 2, 2025

  • Date: September 2 (Tuesday)

  • Significance:

    National Day marks Vietnam’s declaration of independence from French colonial rule in 1945. It is celebrated with flag-raising ceremonies, parades, and cultural performances.

  • Market Closure:

    The stock market is closed, reflecting the national spirit of unity and independence.

Trading Hours

The Vietnam Stock Exchange operates on the following schedule:

  • Morning Session: 9:00 AM - 11:30 AM (local time)
  • Afternoon Session: 1:00 PM - 3:00 PM (local time)

The market is closed on weekends and the aforementioned public holidays.

Unique Features of the Vietnamese Stock Market

  1. Emerging Market Potential

    • Vietnam is on the path to achieving emerging market status under MSCI and FTSE classifications, which would attract more foreign investment.

  2. High Retail Participation

    • Retail investors dominate the market, creating opportunities for short-term gains but also contributing to market volatility.

  3. State-Owned Enterprises (SOEs)

    • Many of Vietnam’s largest companies are state-owned enterprises, offering opportunities as these entities undergo privatization.

  4. Foreign Ownership Limits

    • Certain industries, such as banking and telecommunications, have restrictions on foreign ownership, which can impact investment strategies.

  5. Sectoral Strengths

    • Key sectors include real estate, consumer goods, energy, and banking, reflecting Vietnam’s economic growth drivers.

  6. Regulatory Reforms

    • Ongoing reforms by the State Securities Commission aim to enhance market transparency and efficiency, making it more appealing to international investors.

Advice for Investors

  • Plan Around Holidays

    Prepare for extended closures, especially during Tết, by managing portfolios and adjusting positions in advance.

  • Leverage Growth Sectors

    Focus on sectors like consumer goods, real estate, and renewable energy, which benefit from Vietnam’s rapid economic expansion.

  • Understand Regulations

    Familiarize yourself with foreign ownership limits and tax policies to optimize investment strategies.

  • Diversify Investments

    Spread investments across different industries to reduce risks associated with market volatility.

  • Monitor Economic Indicators

    Keep an eye on GDP growth, inflation, and FDI trends, as they can significantly influence market performance.

FAQs

1. When does the Vietnamese stock market close in 2025 for holidays?

The VNX observes all national public holidays. Key dates include Tết (January 25-February 2), Hung Kings’ Day (April 7), and National Day (September 2). For holidays falling on weekends, a substitute holiday may be observed on the next working day.

2. What are the trading hours of the Vietnam Stock Exchange?

The market operates from 9:00 AM to 11:30 AM and 1:00 PM to 3:00 PM, Monday to Friday. It is closed on weekends and public holidays.

3. How can foreign investors access the Vietnamese stock market?

Foreign investors can participate by opening a securities trading account with a local brokerage and obtaining a Securities Trading Code. They should be mindful of foreign ownership limits in certain sectors.

4. What are the tax implications for stock trading in Vietnam?

Vietnam imposes a 0.1% tax on gross sales proceeds and a 5% withholding tax on dividends. Consulting a tax advisor is recommended for specific situations.

5. How does Tết affect trading activities?

Tết leads to a nine-day market closure, impacting liquidity and trading volumes before and after the holiday. Investors should plan for this extended break to avoid disruptions.

By understanding the holiday schedule, trading hours, and unique aspects of the Vietnamese stock market, investors can make informed decisions and effectively navigate this growing financial hub in 2025.

Chinese Stock Market Holidays 2025: Key Dates, Unique Features, and Tips Chinese Stock Market Holidays 2025: Key Dates, Unique Features, and Tips

The Chinese stock market, encompassing major exchanges like the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE), is a vital player in the global ...
German Stock Market Holidays 2025: Key Dates, Unique Features, and Tips German Stock Market Holidays 2025: Key Dates, Unique Features, and Tips

The German stock market, anchored by the Frankfurt Stock Exchange (FSE), is a cornerstone of the European financial system. This article details the official 2025 ...
Japanese Stock Market Holidays 2025: Key Dates, Unique Features, and Advices Japanese Stock Market Holidays 2025: Key Dates, Unique Features, and Advices

The Japanese stock market, represented by the Tokyo Stock Exchange (TSE), is one of the most influential financial markets globally. This article explores the official ...
Singapore Stock Market Holidays 2025: Key Dates, Advices, and Unique Features Singapore Stock Market Holidays 2025: Key Dates, Advices, and Unique Features

The Singapore stock market, centered on the Singapore Exchange (SGX), is a key financial hub for Southeast Asia and beyond. This article outlines the official ...
Korean Stock Market Holidays 2025: Key Dates, Unique Features, and Tips Korean Stock Market Holidays 2025: Key Dates, Unique Features, and Tips

The Korea Exchange (KRX) will observe several public holidays in 2025, including New Year’s Day, Seollal (Lunar New Year), Independence Movement Day, Children’s Day, Memorial ...