Vietnam Stock Exchanges Report Record Q3 Revenue, Surpassing Combined Earnings of First Two Quarters

In the first nine months of 2025, the Vietnam Stock Exchange (VNX) reported an after-tax profit of over 2.107 trillion VND. Notably, in Q3 alone, the exchange generated nearly 1.101 trillion VND in profit, surpassing the combined earnings of the first two quarters.

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Specifically, the Exchange recorded a total revenue of over VND 2.139 trillion in the first nine months of the year, a 23% increase compared to the same period last year. The primary contribution came from capital investment activities in subsidiary companies, reaching more than VND 2.108 trillion, up by 23%.

Among the subsidiaries, the Ho Chi Minh City Stock Exchange (HOSE) contributed nearly VND 1.630 trillion to VNX, a 23% increase; while the Hanoi Stock Exchange (HNX) contributed over VND 478 billion, up by 22%.

After deducting all expenses, the Exchange retained a profit of more than VND 2.107 trillion, a 23% increase. This profit level corresponds to an average monthly earnings of over VND 234 billion.

Notably, the Exchange generated nearly VND 1.111 trillion in total revenue and approximately VND 1.101 trillion in after-tax profit in Q3 alone, surpassing the combined figures of the first two quarters, which were nearly VND 1.029 trillion in total revenue and around VND 1.007 trillion in after-tax profit. These results reflect the highly positive developments in the Vietnamese stock market during the period, significantly boosting revenue for members HOSE and HNX.

VNX’s Business Results for the First 9 Months of 2025
Unit: Million VND

Source: VietstockFinance

This year, VNX aims to achieve a total revenue of over VND 2.430 trillion and an after-tax profit of nearly VND 2.355 trillion. With the results accomplished in the first nine months, the Exchange has fulfilled nearly 90% of its revenue and profit targets.

Being just 10% away from the goal with Q4 still ahead, it is highly feasible for the Exchange to meet, or even exceed, its 2025 plan.

Huy Khải

– 3:39 PM, November 3, 2025

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