The Hanoi Stock Exchange (HNX) has released the latest brokerage market share data for listed stocks. The top 10 securities firms leading the HNX market share in Q3/2025 are: VPS, TCBS, SSI, VNDS, MBS, DNSE, VCBS, FPTS, HSC, and VPBank Securities. Collectively, these firms hold a 69% market share.
VPS Securities maintains its top position with a 20.7% market share, a significant improvement from 18.82% in Q2. Conversely, TCBS experienced a slight decline from 8.81% to 8.76%. Following closely are SSI Securities (8.53%), VNDirect Securities (8.52%), and MB Securities (6.4%).
Notably, the latter half of the HNX rankings saw significant shifts. Established names like BSC, BVSC, Vietcap, and Mirae Asset Vietnam dropped out of the top 10. DNSE Securities made a remarkable leap, securing the 6th spot with a 4.63% market share, just behind industry giants. Other firms like VCBS (7th), HSC (9th), and VPBankS (10th) also made the list.

HNX Listed Stock Brokerage Market Share – Q3/2025
In the derivatives market, DNSE strengthened its position as the second-largest player, narrowing the gap with VPS. DNSE’s market share surged to nearly 24%, a 6% increase from Q3/2025.

Derivatives Brokerage Market Share – Q3/2025
On the UPCoM market, VPS Securities leads with a 17.58% market share, followed by VPBankS (13.47%), TCBS (7.40%), and SSI (7.35%).

National Average Real Estate Price Surpasses 100 Million VND per Square Meter
According to Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn, the average property price nationwide has surged from VND 74 million/m² in Q1 2023 to VND 101 million/m² in Q3 2025, marking a 36% increase. Meanwhile, rental prices have remained stagnant during this period.