The five companies holding the largest commodity brokerage market shares in Vietnam sustained their positions in 2021, according to the Mercantile Exchange of Vietnam (MXV).
The five largest commodity brokering companies in Vietnam (Source: MXV)
Hanoi (VNA) – The five companies holding the largest commodity brokerage marketshares in Vietnam sustained their positions in 2021, according to the MercantileExchange of Vietnam (MXV).
The GiaCat Loi Commodity Trading JSC was the biggest with 35.6 percent of the total transactionvolume, followed by the Ho Chi Minh City Commodity Trading JSC (HCT) 18.2percent, Saigon Futures JSC 12.2 percent, Huu Nghi (Friendship) InternationalInvestment Co. Ltd (Finvest) 9.4 percent, and MXL International CommodityTrading JSC 3.3 percent.
The MXVsaid though the positions remained unchanged compared to 2020, market sharesamong these firms became more balanced.
The total commodityvolume traded on the MXV last year rose 55 percent from 2020. Meanwhile, thedaily trading value averaged 3.5 trillion VND (154.2 million USD), and somesessions even saw the figure surpassing 7 trillion VND (308.36 million USD) - a record on the commoditymarket of Vietnam.
As of December 31, 2021, 31 commodities in thegroups of agricultural products, energy, industrial materials, and metal weretraded on the MXV.
Soybeanoil remained the most traded commodity, accounting for 16.4 percent of thetotal. It was followed by corn 12.6 percent and Chicago wheat 12 percent.
Nearly 7,000 new tradingaccounts were opened on the MXV in 2021, raising the total accounts to nearly20,000./.
The Vietnam Stock Exchange (VNX) made debut on December 11, on the basis of merging the Hanoi Stock Exchange (HNX) and the Ho Chi Minh Stock Exchange (HoSE).
The stock market has set records in terms of scores, liquidity and the number of new accounts this year, as investors have seen it a shelter amid complex developments of the COVID-19 pandemic.
The adoption of some unprecedented measures supporting the COVID-19 fight, the commitment to achieving net zero emissions by 2050, and new records in the stock market are among the 10 most outstanding economic events of Vietnam in 2021. The following is the list selected by the Vietnam News Agency.
Vietnam's benchmark stock market index (VN-Index) hit a new record high on January 6 morning session after rising 6.07 percent to reach 1,528.57 points.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
The five largest commodity brokering companies in Vietnam (Source: MXV) 
