Finance Minister Ngo Van Tuan presented on 17 October a draft Securities Law amendment adding Article 6a, a controlled sandbox for testing new technologies, products and business models within limited scope, duration and state oversight. The draft also codifies administrative simplification under Resolution No. 66.16/NQ-CP and requires the Prime Minister to issue a decision on the operating model of stock exchanges within one year of the law's effect, which is proposed for 1 March 2027. The Economic and Finance Committee broadly agreed but asked for clear rules on authority, testing limits, risk warnings, asset segregation, data protection and handling of failed tests. It also urged that liability exemptions be strict and not cover compensation for fault or violations.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chính thức đề xuất cơ chế thử nghiệm có kiểm soát trong lĩnh vực chứng khoán
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Related tickers and likely impact
HCM
▲ Likely positiveHo Chi Minh Securities
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 26,171 bn VND |
| P/E | 19.8 |
| P/B | 1.55 |
| Close on 10/16/2026 | 23.75 |
| Change that session | -1.04% |
SSI
▲ Likely positiveSSI Securities
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 58,376 bn VND |
| P/E | 12.2 |
| P/B | 1.53 |
| Close on 10/16/2026 | 19.45 |
| Change that session | +1.04% |
VCI
▲ Likely positiveVietcap
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 21,835 bn VND |
| P/E | 15.0 |
| P/B | 1.27 |
| Close on 10/16/2026 | 18.95 |
| Change that session | +0.53% |
VND
▲ Likely positiveVNDIRECT
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 20,170 bn VND |
| P/E | 7.5 |
| P/B | 0.94 |
| Close on 10/16/2026 | 13.25 |
| Change that session | 0.00% |
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/16/2026 | 1,705.91 |
| Change that session | +0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- A bank stock unexpectedly drew nearly 300 billion VND in net buying from securities firms' proprietary desks early this week
On 19/10, the VN-Index fell 16.07 points (-0.94%) to 1,689.84, with selling pressure intensifying in the afternoon session. Securities firms' proprietary trading net bought 275 billion VND on HoSE, led by CTG at 230 billion VND, followed by KBC (134 billion), VPB (133 billion) and MSN (45 billion). On the other side, proprietary desks net sold the most of ACB at 221 billion VND and FRT at 144 billion VND.
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- Securities firm update as of October 19: TCBS posts record profit, many firms report weaker Q3 earnings, some swing to losses
As of the afternoon of October 19, 20 securities companies had reported Q3 2026 results. TCBS (ticker TCX) posted pre-tax profit of VND 2,152 billion in Q3, its highest quarterly level on record, driven mainly by margin lending and advances on sales proceeds, which generated net income of VND 1,548 billion, up 55%. JBSV's pre-tax profit exceeded VND 46 billion, three times the same period last year, supported by lending and underwriting. In contrast, DSC's Q3 pre-tax profit fell 98% as proprietary trading weakened and costs rose; Pinetree's fell 28%; ASAM posted a pre-tax loss of over VND 1 billion, and VISC swung to a loss of over VND 812 million.
- Over 91% of Truong My Lan's securities company capital set to be valued
The Hanoi civil enforcement agency selected Vietnam Consulting and Appraisal JSC to value the shares of Truong My Lan at Tan Viet Securities (TVSI), according to a notice dated Oct. 15, 2026. A total of 241,584,580 shares, about 91.54% of charter capital, are held in the names of six individuals and four companies, and no valuation result has been announced yet. The investigation in the Van Thinh Phat case found Lan controlled 88.23% to 88.73% of TVSI in 2018-2020 through nominee holders, and TVSI advised on and issued 25 bond packages for four issuers. For the half-year 2026, TVSI reported after-tax profit of nearly 16 billion VND, down from over 20 billion VND a year earlier, with total assets of over 4,007 billion VND at June 30, 2026. The company has charter capital of 2,639 billion VND and is unlisted.
- TCBS reports record Q3 pre-tax profit of over VND 2,100 billion
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