30 April – 1 May holiday, will stock trading take place on Saturday?

In observance of the upcoming April 30th - May 1st holiday, the exchanges will implement the holiday swap, resulting in a trading holiday on April 29th.

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Based on the Official Dispatch No. 2450/VPCP-KGVX dated April 12, 2024, of the Government Office regarding the approval of the proposal to swap the working day for the Victory Day holiday on April 30 and International Labor Day on May 1, 2024; Official Dispatch No. 2780/UBCK-PTTT dated May 13, 2022, announcing the schedule for trading holidays in the debt instrument market in 2024, the State Securities Commission (SSC) has issued a notice on the holiday schedule for the upcoming holidays.

Vietnam Securities Depository (VNX), Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), and Vietnam Securities Depository and Clearing Corporation will implement the swap break. Cadres, civil servants, public employees, and employees of state administrative agencies and public service units will have a break from Saturday, April 27, 2024, to Wednesday, May 1, 2024, and will make up for work on Saturday, May 4, 2024.

Thus, it is likely that the market will trade in compensation on Saturday, May 4, 2024.

Source: SSC

Yen Chi

SOURCEvietstock
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