Vietnam Stock Exchange Revenue Down 44 Percent Last Year

Vietnam Stock Exchange Revenue Down 44 Percent Last Year

HANOI, Feb 22 (NNN-VNA) – Vietnam Stock Exchange reported revenue of over 1.92 trillion Vietnamese dong (78.26 million U.S dollars) last year, down nearly 44 percent compared to the previous year, local media reported today.

The Ho Chi Minh Stock Exchange and the Hanoi Stock Exchange, contributed over 1.39 trillion dong (56.5 million dollars) and nearly 462 billion dong (18.8 million dollars), respectively.

The Vietnam Stock Exchang’s expenses in 2023 totalled 26.7 billion dong (1.08 million dollars), falling by over 96 percent, compared to the previous year, helping its after-tax profit last year decrease by nearly 10 percent compared to 2022, to over 1.88 trillion dong (76.6 million USD).

According to the Ministry of Finance, the market capitalisation of Vietnam’s stock market approximated six quadrillion dong (246.7 billion dollars) in 2023.– NNN-VNA

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