HÀ NỘI — The market capitalisation of Việt Nam’s stock market approximated VNĐ6 quadrillion (US$246.7 billion) in 2023, rising 9.5 per cent from and equivalent to about 62 per cent of gross domestic product (GDP) in 2022, statistics show. Meanwhile, the derivatives stock market remained stable with an average of 236,867 contracts traded per session. The derivatives market recorded nearly VNĐ6 trillion worth of bonds traded per session. In his speech, the official said that in 2023, the stock market was managed and monitored constantly to ensure its safe, smooth, transparent, and disciplined operations. Việt Nam’s stock market also needs to approach international standards and narrow its development gap with the global market.