The Vietnam Stock Exchange (VNX) aims for record financial performance this year, according to its plan submitted to the Ministry of Finance. Consolidated revenue is targeted at approximately 5,508 billion VND, marking a 10.5% increase from the previous year. After-tax profit is projected to exceed 2,987 billion VND, an improvement of nearly 3%. These figures, if achieved, would represent the highest levels ever for the entity.
Based on these projected business results, VNX is set to contribute over 3,404 billion VND in taxes and state remittances.
This year, VNX has outlined several key operational plans beyond its financial targets. The entity will focus on managing market members, including urging securities companies to ensure the security of their connected information systems. VNX also plans to enhance market supervision by implementing tools to support inter-market transaction monitoring.
A significant initiative for VNX this year involves directing its subsidiaries to develop new products and markets. Key areas include: gold derivatives and exchange-traded funds (ETFs), and establishing a capital exchange for innovative startup businesses. Additionally, VNX is researching and implementing new products on the KRX system.
Regarding the domestic carbon exchange, VNX is actively involved in its development. It is contributing feedback on regulations related to custody, supervision, and trading. The carbon market is anticipated to commence operations in May.
The exchange is also exploring international collaborations, specifically researching cross-border cooperation with the Singapore Exchange (SGX) for trading stock index futures. Furthermore, VNX is surveying demand for depositary receipts (DR).
The Vietnam Stock Exchange is a 100% state-owned enterprise that officially began operations in mid-2021 under a parent-subsidiary model. This structure resulted from the consolidation of HoSE and HNX into two subsidiaries, aiming to unify their organizational model, mechanisms, policies, development philosophy, and information technology infrastructure to better serve the market.
VNX's revenue primarily stems from securities trading services. Additional income streams include: service provision, securities listing services, bidding and auction fees, online connectivity services, and terminal equipment usage services.
The company also generates income from deposit interest. As of the end of December 2025, VNX held over 3,300 billion VND in deposits or deposit contracts at commercial banks.
In the previous year (2025), VNX's consolidated revenue surpassed 4,984 billion VND, representing a 35% increase from 2024. After-tax profit reached 2,907 billion VND, up 30%. Both these indicators achieved their highest levels to date.
Tat Dat